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New York Regulatory Requirements Affordable Housing

Alston & Bird

New York State Restricts Institutional Investor Purchases of Residential Real Estate

Alston & Bird on

In an effort to increase housing affordability, New York State has implemented new regulations limiting institutional investor purchases of single- and two-family residences. Our Investment Funds Team breaks down who is...more

Akerman LLP

City of Yes Updates: HPD's New Universal Affordability Preference (UAP) Application Now Available

Akerman LLP on

The New York City Department of Housing Preservation and Development (HPD) released the City's new Universal Affordability Preference (UAP) Application. The program requirements and process for the new UAP program are very...more

Cole Schotz

Fair Chance for Housing Act: What NYC Housing Providers Need to Know

Cole Schotz on

Effective January 1, 2025, New York City’s Fair Chance for Housing Act became law. The Fair Chance for Housing Act is designed to eliminate barriers for individuals with criminal conviction histories seeking housing. The...more

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