Popular, Affordable Housing

The One Big Beautiful Bill Act: Insights for Commercial Real Estate

Tannenbaum Helpern Syracuse & Hirschtritt LLP on 7/24/2025

The One Big Beautiful Bill Act (“OBBBA”), enacted into law on July 4, 2025, provides extensive federal tax policy changes impacting a multitude of industries, including commercial real estate (“CRE”). With respect to CRE,...more

Senator Wiener and Assembly Member Wicks Applaud Governor Newsom’s Support of Their CEQA Reform Bills

Miller Starr Regalia on 5/20/2025

On May 14, 2025, Senator Scott Wiener issued a press release stating that, on that morning, “Governor Gavin Newsom announced that he supports the strongest ever reforms of [CEQA],” referring to Newsom’s proposal to include in...more

Affordable Housing Credit Improvement Act Re-introduced in House of Representatives

Harris Beach Murtha PLLC on 4/11/2025

On April 8, 2025, the federal Affordable Housing Credit Improvement Act (“AHCIA”) was reintroduced in the House with 117 bipartisan co-sponsors from over 30 different states. The bill would expand the Low-Income Housing Tax...more

Permitting Reform Ramps Up in California With Introduction of ‘Housing Package’

Paul Hastings LLP on 4/1/2025

For years, California has often been held up as the poster child for enervating environmental regulation. A primary target of this criticism has been the California Environmental Quality Act (CEQA), the landmark legislation...more

Blacklisted Condos: A Growing Crisis for Owners and Buyers

DarrowEverett LLP on 3/25/2025

The blacklisting of condominium/condo associations by financial institutions and insurance providers has emerged as a pressing issue in the real estate finance and housing sector. This practice, which involves lenders or...more

The Trifecta: What to Expect from a Second Trump Administration and a Republican Congress

King & Spalding on 12/11/2024

Republicans have swept the 2024 elections, returning Donald Trump to the White House as the 47th President and flipping the Senate to a Republican majority. Having narrowly maintained control of the House of Representatives,...more

Troutman Pepper Weekly Consumer Financial Services Newsletter - November 2024 # 2

Troutman Pepper Locke on 11/13/2024

To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week...more

Sustainable Development and Land Use Update 8.12.24

Allen Matkins on 8/13/2024

On June 27, 2024, the California First District Court of Appeal affirmed the denial of a writ petition challenging the City of Lafayette’s determination that a 12-unit residential condominium building qualified for the Class...more

Acting Comptroller Hsu Highlights Latest Efforts of OCC in Elevating Financial Fairness

Ballard Spahr LLP on 4/16/2024

On April 4, acting Comptroller of the Currency Michael J. Hsu provided his remarks for the second year in a row at the Just Economy Conference hosted by the National Community Reinvestment Coalition. He focused his remarks on...more

BTR Series Part 5: Debt Funds Options—NHFIC and Alternatives

K&L Gates LLP on 8/24/2023

Investment in build to rent (BTR) residential developments is being driven by community and government demand, tax and other government incentives, longer term returns and lower maintenance costs and incentives compared to...more

Texas Legislature Revises Law Governing Public Facility Corporations

Husch Blackwell LLP on 6/28/2023

On June 18, 2023, HB 2071—the Texas legislature’s solution to perceived abuses of property tax incentives related to Public Facility Corporations (PFCs)—took effect. The law amends Local Government Code Chapter 303, which...more

‎2023 Changes to Texas Law: Property ‎Tax Exemption for Public Facility Corporations Owning ‎Affordable Housing

Troutman Pepper Locke on 6/12/2023

The 88th Regular Session (2023) of the Texas Legislature approved HB 2071 (the “Bill”), substantially revising the way public facility corporations can be utilized to own and operate affordable housing. While some provisions...more

California Court of Appeal Affirms Powerful Litigation Tool for Defending Housing

Holland & Knight LLP on 5/3/2023

One of the key problems contributing to California's housing crisis is that it is relatively easy for housing opponents to file litigation challenging housing approvals, and even a completely meritless lawsuit can cause years...more

PropTech Update - 3.28.23

Allen Matkins on 3/30/2023

REITs are increasingly reliant on technologies across the spectrum of information technology and operating technology that range from cloud-based systems and the Internet of Things (IoT) to automated building management...more

New Laws and Compliance Updates for California Employers in 2023

Farella Braun + Martel LLP on 12/23/2022

California has passed several new or amended employment laws covering topics ranging from off-duty marijuana use, reproductive rights, California Family Rights Act, COVID-19, criminal law and the workplace, new avenues of...more

Illinois End of Session Update

McGuireWoods Consulting on 6/22/2021

Speaker Welch First-Term Highlights - Illinois elected a new Speaker of the House for the first time in almost 40 years after former House Speaker Michael Madigan was ousted from his leadership and later resigned at the...more

Municipal VRDO Class Action Survives Banks’ Request for Dismissal

ArentFox Schiff on 12/3/2020

Financial institutions should work with outside counsel to ensure that their internal policies and external actions minimize conduct that may violate state and Federal laws and regulations, and incentivize employees to reward...more

PropTech Update - August 2020

Allen Matkins on 8/13/2020

How PropTech firms struck deals during lockdown - Bullet The Real Deal – July 27 - During the first half of the year, venture capital funds invested $1.2 billion in 102 PropTech deals, according to PitchBook, compared to...more

IRS Issues Compliance Regulations for LIHTC Projects and COVID-19 Relief

Williams Mullen on 7/8/2020

On July 1, 2020, the IRS issued proposed regulations (REG-123027-19; RIN 1545-BP59) (Regulations) governing compliance-monitoring for low-income housing tax credit (LIHTC) projects and issued Notice 2020-53 (Notice) in...more

Sustainable Development and Land Use Update - April 2020 #4

Allen Matkins on 5/3/2020

Looking to escape ‘endless’ litigation, L.A. is open to federal oversight for homelessness - Bullet Los Angeles Times – April 25 - The Los Angeles City Council has authorized City Attorney Mike Feuer to begin discussions...more

Watch List - Proposed Rent and Mortgage Cancellation Act of 2020 Suspends Payments During Pandemic but Requires Landlords and...

Spilman Thomas & Battle, PLLC on 4/21/2020

On April 17, a bill was introduced in the United States House of Representatives seeking to create the Rent and Mortgage Cancellation Act of 2020. The primary feature of the bill is it would suspend all rent and mortgage...more

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