News & Analysis as of

Low-Income Issues Regulatory Agenda

Troutman Pepper Locke

Federal Banking Agencies Propose Rescission of 2023 CRA Final Rule and Reinstatement of 1995 CRA Regulations

Troutman Pepper Locke on

On July 16, the Federal Reserve Board, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) (collectively, the federal banking agencies) jointly published a proposed rule...more

McDonnell Boehnen Hulbert & Berghoff LLP

AI Roundup – California releases long-awaited AI report, U.N. survey finds AI is trusted most in low-income countries, Amazon CEO...

To help you stay on top of the latest news, our AI practice group has compiled a roundup of the developments we are following....more

Farrell Fritz, P.C.

The New York State Assembly’s Real Property Taxation Committee Proposes the Five Borough Fair Property Tax Act

Farrell Fritz, P.C. on

An earlier Tax Tracker discussed the NYS Court of Appeals decision that revived a lawsuit brought by the Tax Equity Now (TENNY) coalition, which claims that New York City’s property tax system violates the federal Fair...more

Bilzin Sumberg

Live Local Act 2024 Passed by the Florida Legislature

Bilzin Sumberg on

On February 28, 2024, the Florida House of Representatives passed Senate Bill 328 (“SB 328”), previously unanimously approved by the Florida Senate by a vote of 112 to 1. SB 328, regarded as the Live Local Act 2024 (“LLA...more

Coblentz Patch Duffy & Bass

March 2024 Election: San Francisco Measures and a State Proposition to Watch

Voters in San Francisco and California will again confront a formidable ballot during the election on March 5, 2024, with an array of qualified City measures and one state proposition to consider....more

Lowndes

Live Local Act: Proposed New Language Protects Early Applicants

Lowndes on

The Florida Legislature continues to modify the proposed changes to the Live Local Act (Act) through the latest version of Senate Bill 328 (SB 328), passed on February 7, 2024. For background on the original Act, see “Live...more

Bilzin Sumberg

Live Local Act Glitch Bill

Bilzin Sumberg on

As expected, within days of the opening day of the 2024 Legislative Session came two proposed “clarification glitch” bills containing several proposed amendments to the Live Local Act.  Senate Bill 328, sponsored by Senator...more

Coblentz Patch Duffy & Bass

San Francisco’s “Housing Fee Reform Plan” Passes at Board of Supervisors, Awaits Mayor’s Signature

On September 5, the San Francisco Board of Supervisors finally passed on second reading two pieces of legislation, together referred to as the “Housing Fee Reform Plan.” The Plan, previously discussed on July 7, July 21, and...more

Burr & Forman

South Carolina Low Income Housing Tax Credit: Too Much of a Good Thing

Burr & Forman on

The availability of “affordable housing” has become a major issue in many cities, counties and states across the United States, and South Carolina is no exception. To help address the affordable housing shortage, in 2020,...more

Bilzin Sumberg

The Crackdown on Digital Redlining

Bilzin Sumberg on

The Robert Wood Johnson Foundation, a non-profit focused on fostering healthy communities, defines digital redlining as “major network providers systematically excluding low-income neighborhoods from broadband service –...more

Stikeman Elliott LLP

Ontario’s Housing Affordability Task Force Urges Major Reforms to Approvals Process for Residential Development

Stikeman Elliott LLP on

On February 8, 2022, the Housing Affordability Task Force reported to the Government of Ontario on the state of the housing market in Ontario. Its 33-page Report makes 55 recommendations intended to remove impediments to the...more

Pullman & Comley, LLC

Connecticut DEEP Announces a New Comprehensive Energy Strategy For 2022

Pullman & Comley, LLC on

The Connecticut Department of Energy and Environmental Protection (DEEP) is charged by statute with periodically preparing and implementing a Comprehensive Energy Strategy (CES).  ...more

Ballard Spahr LLP

Ginnie Mae considering non-bank safety and soundness standards

Ballard Spahr LLP on

According to a Financial Times report, Ginnie Mae is considering proposals that would create federal safety and soundness standards for non-bank mortgage lenders that are similar to those that apply to banks....more

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