News & Analysis as of

Multi-Family Development Affordable Housing Multi-Family Housing

Ballard Spahr LLP

July DC TOPA Reform and Maryland Tenant Bill of Rights Alert

Ballard Spahr LLP on

Happy Independence Week to our readers. 249 years after our great country declared its independence, will some multifamily owners and investors soon be free from TOPA? ...more

Cole Schotz

New York City Council Approves Final City of Yes Housing Opportunity Element

Cole Schotz on

New York City has taken what it intends to be a significant step toward addressing its housing crisis with the City Council’s December 5, 2024, approval of the third, and final, element of Mayor Adams’ City of Yes housing and...more

Cozen O'Connor

“City of Yes for Housing Opportunity” Approved by the City Council

Cozen O'Connor on

On December 5, 2024, the New York City Council approved with modifications the NYC Department of City Planning’s (DCP) City of Yes for Housing Opportunity, the third and final of Mayor Adams’ City of Yes initiatives. The new...more

Tonkon Torp LLP

Portland Multifamily Construction Continues to Slump

Tonkon Torp LLP on

From the campaign trail to the kitchen table, it’s hard to avoid the fact that Oregon has a housing shortage. That crunch is perhaps most severe when it comes to the construction of affordable, multifamily units. Across the...more

Cole Schotz

Navigating the NYS 2024/2025 Executive Budget and Its Impact on NYC Multifamily Housing (Part 3 of 4)

Cole Schotz on

New York recently adopted the Affordable Neighborhoods for New Yorkers (ANNY) Tax Incentive and the Affordable Housing from Commercial Conversions (AHCC) Tax Incentive programs, as well as a host of other new and modified...more

Harris Beach Murtha PLLC

Calling Out Affordable Housing Components of New York Budget Bill

A number of affordable housing components of the New York State Budget Bill are worth calling out for developers, as the moves, along with the hundreds of millions of dollars coming from the state, should spur development. ...more

Bowditch & Dewey

What Does the Town of Milton’s Noncompliance Mean for Future Compliance with MBTA Communities Law?

Bowditch & Dewey on

On October 21, 2022, the Commonwealth of Massachusetts Executive Office of Housing and Economic Development (“EOHED”) issued final guidelines to the Commonwealth’s 177 MBTA communities for compliance with M.G.L. c. 40A, § 3A...more

Bowditch & Dewey

MBTA Communities Must Submit a Request for a Determination to EOHLC for District Compliance

Bowditch & Dewey on

On October 21, 2022, the Commonwealth of Massachusetts Executive Office of Housing and Economic Development (“EOHED”) issued final guidelines to the Commonwealth’s 175 MBTA communities for compliance with M.G.L. c. 40A, § 3A...more

Cozen O'Connor

Brooklyn Development Roadmap 2023

Cozen O'Connor on

While the New York City real estate market has never been for the faint-hearted or undercapitalized, the combination of post-pandemic shifts in office demand and high interest rates has made this the most challenging era...more

Perkins Coie

Washington Legislature Considers Land Use Law Changes To Facilitate Affordable Housing Development

Perkins Coie on

The Washington State Legislature kicked off its 2023 Legislative Session on Monday, January 9, 2023. A big focus this year is on affordable housing initiatives. This Update summarizes five significant affordable housing bills...more

Bowditch & Dewey

EOHED Issues Updated Guidance for Multi-Family Zoning in MBTA Communities

Bowditch & Dewey on

On October 21, 2022, the Commonwealth of Massachusetts Executive Office of Housing and Economic Development (“EOHED”) updated final guidelines to the Commonwealth’s 175 MBTA communities for compliance with M.G.L. c. 40A, § 3A...more

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