News & Analysis as of

Municipalities State and Local Government Economic Development

Farrell Fritz, P.C.

From Vacancy to Vibrancy: Empire State Development’s Vision for Long Island Housing

Farrell Fritz, P.C. on

On March 27, 2025, Empire State Development, New York State’s chief economic development agency, announced the launch of the Long Island Forward Housing Program (LIFHP), a $10 million initiative designed to promote and...more

McCarter & English, LLP

FY 2026 Department of Community Affairs Budget Testimony

On Monday, April 21, 2025, Commissioner Jacquelyn Suárez of the New Jersey Department of Community Affairs (DCA) testified before the Assembly Budget Committee, outlining the department’s strategies to navigate projected...more

Bricker Graydon LLP

[Webinar] Blueprints for Growth: Key Trends and Strategies for Ohio Political Subdivisions in 2025 - January 15th, 10:00 am -...

Bricker Graydon LLP on

Dive into the essential issues shaping municipalities, villages, and local governments in 2025. Our experienced attorneys will present concise 15-minute sessions on key topics, including: 1. Introduction: Top 10 Things...more

Bilzin Sumberg

A Brief Introduction to Tax Increment Financing

Bilzin Sumberg on

Tax Increment Financing (TIF) is a financing tool used by local governments to fund economic development projects. In Florida, TIF is most commonly associated with Community Redevelopment Agencies (CRAs), which have statutory...more

Bricker Graydon LLP

Calling all economic developers: Large TIFs may be eligible for a one-time extension opportunity

Bricker Graydon LLP on

In the fall of 2019, the Ohio General Assembly significantly changed state law governing tax increment financing (TIF) exemptions. For certain TIF projects, local communities can extend the exemptions – and, therefore,...more

Best Best & Krieger LLP

Surplus Land Act Requirements Expand for Local Agencies

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Part 2: New California Housing Laws - Agencies will have expanded roles under the Surplus Land Act, and will have to satisfy new housing element requirements under Assembly Bill 1486, signed by Gov. Gavin Newsom on...more

McDermott Will & Emery

Tax Court Rules State Corporate Incentives Are NOT Taxable Income Under Federal Law

McDermott Will & Emery on

Many states and localities give incentives for business to move or transact in their locations. There has always been a question of whether these incentives are taxable income under federal income tax law. Internal Revenue...more

Pullman & Comley, LLC

ALERT: Lamont Forms Economic Development Partnership

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The Lamont Administration announced that David Lehman, Global Head of Real Estate Finance for the Investment Banking Division of Goldman Sachs, will be the new Commissioner of the Department of Economic and Community...more

Mintz - ML Strategies

2015-2016 Massachusetts Legislative Session Ends

Mintz - ML Strategies on

After a mad scramble to take action before their midnight deadline, Massachusetts lawmakers closed the 20152016 legislative session by passing five of the “Big Six” bills on their agenda. Beacon Hill saw a flurry of activity...more

Best Best & Krieger LLP

Public Private Partnerships: From Economic Development to Local-Serving Infrastructure Procurement

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In This Presentation: Public Private Partnership Opportunities: - Public Assistance into Private Projects • Economic Development/Redevelopment • Land Use/Zoning • Real Estate Assets/Long Range Property...more

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