News & Analysis as of

New Legislation Nonprofits Affordable Housing

Pierce Atwood LLP

Maine Revamps New Markets Tax Credits and Historic Tax Credits

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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

Holland & Knight LLP

New York Enacts Affordable Housing Retention Act

Holland & Knight LLP on

New York Gov. Kathy Hochul recently signed into law the Affordable Housing Retention Act (AHRA), which for the next four years enables condo conversions of specific buildings in New York City with a presale requirement for...more

Ballard Spahr LLP

Colorado Ramps Up Workforce Housing Push Amid ‘Acute’ Shortage Also Seen Nationally

Ballard Spahr LLP on

Colorado is addressing a dearth of middle-income housing on multiple fronts, while other states are also realizing and responding to the need for more affordable housing for workforce families and individuals....more

Cozen O'Connor

New York Note – Nonprofits, City Legislation, Rent Guidelines Board

Cozen O'Connor on

Mayor Adams has appointed a new Executive Director of the Mayor’s Office of Nonprofit Services, Johnny Celestin. Celestin most recently served as Deputy Director for the Mayor’s Office of Minority- and Women-Owned Business...more

Venable LLP

"Yes in God's Back Yard" Legislation Is the Next Tool to Battle the Housing Crisis

Venable LLP on

On October 11, 2023, Governor Newsom signed SB 4, the Affordable Housing on Faith Lands Act (also known as "Yes in God's Back Yard" (YIGBY)), which promises to be one of the momentous housing bills of 2023. Sponsored by...more

Holland & Knight LLP

California's 2022 Housing Laws: What You Need to Know

Holland & Knight LLP on

As in previous years, the California Legislature passed a large volume of laws related to housing in the 2021 legislative session. (See Holland & Knight's previous annual recaps of California Housing Laws in the final section...more

Perkins Coie

All San Francisco Multi-Family Buildings and Sites Subject to New Sales Regulations

Perkins Coie on

Effective June 2, 2019, San Francisco has enacted the “Community Opportunity to Purchase Act” or COPA (codified as San Francisco Administrative Code, Section 41.B.1 through Section 41.B.14). Recognizing the housing crisis...more

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