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Real Estate Development Affordable Housing Housing Market

Ballard Spahr LLP

Housing Industry Update 2025 - Mid-Year Report

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Across the United States, empty office buildings have become a common sight. According to Moody’s Analytics, office vacancies are at their highest since the 1990s. The COVID hangover has left us with an abundance of vacant or...more

Davis Wright Tremaine LLP

Cutting Through California's Housing Crisis: Are New CEQA Exemptions Enough?

As discussed in our earlier post, California's CEQA landscape has rapidly, and potentially seismically, evolved with the passage of AB 130 and SB 131. This post focuses on the immediate creation of a new statutory exemption,...more

Ballard Spahr LLP

Solving For The Middle-income Housing Gap

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Workforce housing (also referred to as middle-income or essential housing) is becoming a central focus for communities across the country. Whether you’re a city, town, village, housing authority, developer, or part of the...more

Ballard Spahr LLP

Case Study: Innovative Affordable Housing Financing in Fairfax County, Virginia

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A major affordable housing development underway in Fairfax County, Virginia, is setting a new precedent for large-scale, multi-phase transactions in high-cost suburban markets. Located adjacent to the County’s Government...more

Ballard Spahr LLP

Case Study: Fulcrum Communities Pilot Project – Parker, Colorado

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As part of Colorado’s broader efforts to close the middle-income housing gap, Fulcrum Communities, a Colorado nonprofit, launched a pilot project using an innovative financing model to deliver workforce housing more quickly...more

Cozen O'Connor

Cozen Cities - July 23, 2025

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BOSTON—City’s First Office-to-Residential Conversion Project Begins -Construction has officially begun on Boston’s first office-to-residential apartment conversions. This effort is a part of a City pilot program aimed at...more

Brownstein Hyatt Farber Schreck

CEQA Infill Exemptions and “Near Miss” Streamlining—A Concrete Fix for California’s Housing Crisis?

Note: This is the second update in our series covering AB 130 and SB 131, two bills that work substantive changes to the California Environmental Quality Act (CEQA) and California housing law....more

Polsinelli

Texas HB 21 Reshapes the Requirements and Effects of Chapter 394 of the Texas Local Government Code

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Texas House Bill 21 (HB 21), signed into law in May, has dramatically shifted affordable housing tax exemptions across the state. Specifically, HB 21’s primary impact is on a housing finance corporation’s area of operation...more

Ballard Spahr LLP

District of Columbia TOPA Reform Alert

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When District of Columbia Council Chairman Phil Mendelson introduced the Rebalancing Expectations for Neighbors, Tenants and Landlords (RENTAL) Act, there were high hopes that much needed reform to the Tenant Opportunity to...more

BakerHostetler

Analysis of Texas House Bill 21 - Property Tax Exemptions for Housing Finance Corporations Owning Affordable Housing

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In its 89th Regular Session, the Texas Legislature enacted House Bill 21 (HB 21), introducing significant reforms to the way housing finance corporations (HFCs) own and operate multifamily affordable housing developments....more

Clark Hill PLC

CEQA finally brought to its knees by California’s severe housing crisis

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Originally enacted in 1970, the objective of the California Environmental Quality Act (CEQA) was to review projects to assess potential impacts on the environment, disclose those impacts to the public, and mitigate those...more

McGuireWoods LLP

Congress Passes One Big Beautiful Bill Act With Impacts on Housing

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On July 3, 2025, the U.S. House of Representatives passed the Senate’s version of the One Big, Beautiful Bill Act, which contains provisions impacting the low-income housing tax credit (LIHTC), opportunity zones (OZs) and...more

Sheppard Mullin Richter & Hampton LLP

San Diego ADU Incentive Rollback Sheds Light on California Housing Woes

On June 16, 2025, the San Diego City Council voted 5-4 to cap the number of Accessory Dwelling Units (ADUs) that can be built on single-family lots. The decision reverses the City’s 2020 implementation of a program allowing...more

Coblentz Patch Duffy & Bass

What We're Reading, Watching, and Listening To: June 2025

A roundup of news and multimedia from the Unfamiliar Terrain team: San Francisco - Mayor Lurie names new S.F. planning director (SF Chronicle): Sarah Dennis Phillips has been named the City’s planning director,...more

Cozen O'Connor

Broad Street Brief: Club World Cup Offers Preview of 2026

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City Invests in Certifying CTE Teachers- Philadelphia City Council allocated $500,000 to help Career and Technical Education (CTE) teachers cover certification costs, addressing a teacher shortage and supporting growing...more

Cozen O'Connor

Cozen Cities - June 25, 2025

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NEW YORK—Waymo Applies for NYC Permit - Waymo, Alphabet’s self-driving car unit, plans to begin manually operating vehicles in Manhattan as a first step toward launching autonomous ride-hailing in New York City. The company...more

Jones Day

Bridging the Gap: Supply Shortfalls and Soaring Demand in the UK Build-to-Rent Sector

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The UK faces a significant housing crisis due to an acute shortage of homes caused by high capital costs, increasing construction and development expenses, regulatory and political uncertainty, and persistent delays in the...more

Cozen O'Connor

Public Engagement Begins on 'Manhattan Plan' to Increase Housing Production

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On June 20, 2025, the Adams Administration and the Department of City Planning (DCP) initiated public engagement for the 'Manhattan Plan,' a proposal to add 100,000 new homes in Manhattan over the next decade. The Plan aims...more

Jones Day

London Leads in Affordable PBSA: What's Next for the Rest of England?

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London boroughs are implementing the London Plan's requirements for affordable Purpose-Built Student Accommodation ("PBSA") in varied ways, with some setting stricter or additional criteria....more

Allen Matkins

2025 Land Use, Environmental & Natural Resources Update

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California stands at a pivotal juncture in 2025, confronting an array of environmental and housing challenges. As usual, the California State Legislature is considering numerous strategies to address these issues. This year’s...more

Allen Matkins

San Diego City Council Proposes to Limit Applicability of Successful ADU Bonus Program

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The San Diego City Council voted on March 4, 2025, to begin the process of revising its Accessory Dwelling Unit (ADU) Bonus Program (ADU Bonus Program or Program), which has served, to date, as one of the state’s most...more

Cozen O'Connor

Broad Street Brief: Parker-Johnson Partnership Modeled After Rendell-Street

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Mayor Parker, Council President Johnson Reviving 90s-Era Collaboration -Over the first year in their respective positions, Mayor Cherelle Parker and City Council President Kenyatta Johnson have intentionally worked to build a...more

Downey Brand LLP

Senate Bill 607 and Potential Sweeping Changes to CEQA

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This year, over fifty bills were introduced in the Legislature that directly addressed a CEQA issue. Many died in committee, or failed to make it out of their respective houses. The vast majority of those that advanced sought...more

Ballard Spahr LLP

Multifamily June 2025 Alert

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As spring begins to give way to summer, legislative activity shows no signs of cooling off. Our May TOPA Alert generated many questions and comments and a further update on the pending TOPA reform legislation is included...more

Pullman & Comley - For What It May Be Worth

Connecticut Focuses on Streamlining/Incentivizing Commercial to Residential Building Conversions

As part of an ongoing effort to address the affordable housing shortage, the Connecticut General Assembly has passed Senate Bill No. 1444 which is designed to facilitate the conversion of certain buildings to residential use....more

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