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New Legislation Community Development

Bilzin Sumberg

Opportunity Zones after OBBBA - Old Zones Left to Expire, New Zones Created

Bilzin Sumberg on

The One Big Beautiful Bill Act signed by President Trump on July 4, 2025 (the “OBBBA”) creates a new round of qualified opportunity zones (“QOZs”), with potential new QOZs to be designated every 10 years....more

Hogan Lovells

Opportunity Zones 2.0 – Back to the Land of OZ

Hogan Lovells on

Once the dust settled after the marathon legislative efforts resulting in the passage of the One Big Beautiful Bill Act of 2025 (“OBBBA”), the real estate community collectively exhaled and began to parse through and unpack...more

Pierce Atwood LLP

Maine Revamps New Markets Tax Credits and Historic Tax Credits

Pierce Atwood LLP on

Recently, Maine Governor Janet Mills signed legislation renewing and expanding Maine’s New Markets Capital Investment Program and Historic Tax Credit Program. These changes should be welcomed by businesses, nonprofits, and...more

Vorys, Sater, Seymour and Pease LLP

Ohio Budget Bill Brings Significant Changes and Economic Development Focus

On June 30, 2025, Governor Mike DeWine signed Amended Substitute House Bill 96 (H.B. 96), establishing Ohio's biennial budget for State fiscal years 2026-2027 (July 1, 2025 through June 30, 2027). This comprehensive budget...more

Vorys, Sater, Seymour and Pease LLP

Material Changes Transform the Ohio TMUD Tax Credit

The new Ohio budget signed June 30, 2025 (the Budget Bill or HB 96) enacts substantial changes to Ohio Revised Code Section 122.09, the Transformational Mixed-Use Development Tax Credit (TMUD Tax Credit). The TMUD Tax...more

Bricker Graydon LLP

Economic Development Changes Abound in Ohio’s Operating Budget Bill

Bricker Graydon LLP on

For those considering state government jobs after college or graduate school, certain opportunities often come with the informal – but widely known – warning: this can be a hard job during the state’s biennial budget drafting...more

Cozen O'Connor

Broad Street Brief: FY26 Budget Negotiations Entering HOME Stretch

Cozen O'Connor on

FY26 Budget Negotiations Entering HOME Stretch - Thursday marks the final opportunity for the City Council to advance bills—including those tied to Mayor Cherelle Parker’s $6.7 billion proposed budget and Housing...more

Cozen O'Connor

City Council Approves Atlantic Avenue Mixed Use Plan

Cozen O'Connor on

On May 28, 2025, the New York City Council approved the city-led Atlantic Avenue Mixed Use Plan (AAMUP, pronounced "aim up"), rezoning a low-density industrial stretch of Atlantic Avenue and surrounding blocks in Brooklyn’s...more

Cozen O'Connor

Major Long Island City Rezoning Enters Public Review

Cozen O'Connor on

On April 21, 2025, the New York City Planning Commission (CPC) certified the city-led Long Island City Neighborhood Plan, known as OneLIC, into public review. OneLIC seeks to build on Long Island City’s status as one of...more

Allen Matkins

Sustainable Development and Land Use Update 4.9.25

Allen Matkins on

San Francisco Mayor Daniel Lurie has released a rezoning plan to allow taller buildings along transit routes from the Marina to the Sunset and Richmond districts, changes he said would accommodate 36,000 new housing units...more

Otten Johnson Robinson Neff + Ragonetti PC

Uncertainty Around Implementation of House Bill 24-1313: Housing in Transit-Oriented Communities

Uncertainty Around Implementation of House Bill 24-1313: Housing in Transit-Oriented Communities - Last year, the Colorado legislature passed House Bill 24-1313 (the “Act”), which aimed to incentivize transit-oriented...more

Bilzin Sumberg

Proposed Bill Would Impact Economic Development Efforts within CRAs

Bilzin Sumberg on

The Community Redevelopment Act of 1969 authorizes counties and municipalities to create CRAs as a means for redeveloping slums and blighted areas in the community. Once created, CRAs adopt a Community Redevelopment Plan...more

Amundsen Davis LLC

Legislation Introduced to Support New and Rural Banks by Easing Regulatory Requirements

Amundsen Davis LLC on

On January 16, 2025, Representative Andy Barr (R-KY) introduced a bill aimed at increasing the formation of new banks by easing regulatory requirements, particularly for de novo and rural financial institutions. The...more

Spilman Thomas & Battle, PLLC

The Rural Historic Tax Credit Improvement Act Will Expand Access To Smaller Projects | Spilman Thomas & Battle

Last week, U.S. Senators Shelley Moore Capito, R-West Virginia, and Mark Warner, D-Virginia, introduced S. 631, which focuses on rural historic tax credit (HTC) use and also includes transferability for small projects (those...more

Ballard Spahr LLP

Seattle Passes Bill to Incentivize “Office-to-Residential” Conversions

Ballard Spahr LLP on

The Seattle City Council passed Council Bill 120937 on February 11, 2025, aimed to encourage developers and commercial property owners to convert underutilized commercial properties into residential housing. Set to take...more

Lerch, Early & Brewer

Montgomery County’s Bold New Steps for More Affordable Housing

Lerch, Early & Brewer on

Montgomery County is taking decisive action to expand affordable housing options and support the County’s residents with the More Housing N.O.W. (New Options for Worker) legislation package....more

Allen Matkins

Sustainable Development and Land Use Update 2.14.25

Allen Matkins on

The Los Angeles City Council last Friday granted final approval to a sweeping rezoning plan that aims to boost housing development along commercial corridors and existing dense residential neighborhoods. In a 14-0 vote,...more

Ballard Spahr LLP

Mayor Bowser Proposes Important TOPA and ERAP Reforms

Ballard Spahr LLP on

Finally, some potential good news for multifamily property owners and developers in DC. It appears that the discussions on reforming the Tenant Opportunity to Purchase Act (TOPA), as well as the Emergency Rental Assistance...more

Womble Bond Dickinson

New Year Resolutions Triggered by Senate Bill 382

Womble Bond Dickinson on

After the North Carolina General Assembly overrode Governor Cooper’s veto of Senate Bill 382, which became Session Law 2024-57 (the “New Law”), we published a client alert describing the state-wide effect of the New Law....more

Adams & Reese

Louisiana’s Planned Community Act Provides Clarity and Modern Legal Framework for Real Estate Development

Adams & Reese on

From basic building restrictions to complex planned communities, Louisiana’s legal framework has struggled to keep pace with evolving market demands and homeowner expectations. Courts have wrestled with these evolving market...more

Bilzin Sumberg

City of Miami Is First to Publish Updated Live Local Act 2024 (SB328) Policies and Procedures

Bilzin Sumberg on

Credit goes to the City of Miami staff for becoming among, if not the first Florida municipality, to publish their updated interpretation and guidelines for Live Local Act 2024 (SB328). With the new clarifications generally,...more

Bilzin Sumberg

Florida Live Local Act 2024 (SB328) Signed Into Law: Executive Summary and Application Examples

Bilzin Sumberg on

Florida Governor DeSantis just signed into law Senate Bill 328 (“SB328”), the enhancement to last year’s Live Local Act (“LLA” or “SB102”). The amendments made to the Live Local Act by SB328 are significant in both benefits...more

Polsinelli

Alabama To Offer State Tax Credit for Federal 4% LIHTC Projects

Polsinelli on

As affordable housing has continued to be a topic of concern across the United States, states are evaluating ways to spur and support affordable housing development. In response to affordable housing needs, Alabama became the...more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report - Committee Work Day - March 2024

Christmas in March? Yes, if you are a lawmaker (particularly a Senator), you are likely to be getting all sorts of presents. Committees trimmed trees from morning till evening on Tuesday while the chambers were in...more

Holland & Knight LLP

Florida Legislature Amends Live Local Act's Land Use Provisions

Holland & Knight LLP on

The Florida Legislature on Feb. 28, 2024, passed Senate Bill 328, which amends the Live Local Act (Amended Act). It becomes effective upon becoming law (except as otherwise provided). While most of the 2023 Live Local Act...more

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