News & Analysis as of

Real Estate Development Affordable Housing Residential Property Owners

Barnea Jaffa Lande & Co.

Significant tax benefits for owners of long-term rental buildings

Owners of buildings designated for long-term rentals are entitled to significant tax benefits that are being granted in order to encourage the construction of buildings that include residential apartments earmarked for...more

Holland & Knight LLP

Zoning Change Allows Conversion of Ground Floor Nonresidential Uses to Residential Uses

Holland & Knight LLP on

As discussed in previous Holland & Knight alerts on Dec. 10 and Dec. 18, 2024, New York City recently made comprehensive changes to its Zoning Resolution, known collectively as City of Yes for Zoning for Housing Opportunity...more

Sheppard Mullin Richter & Hampton LLP

San Francisco Further Incentivizes Residential Conversion Projects by Waiving Development Impact Fees

In a further effort to revitalize and reimagine its downtown core, San Francisco’s Board of Supervisors has passed and the Mayor has signed legislation exempting certain residential conversion projects from development impact...more

Adler Pollock & Sheehan P.C.

Historic Housing Bill Changes Residential Zoning Law in Massachusetts

On August 6, 2024, Governor Maura Healey signed into law, the Affordable Homes Act, (H.4977) authorizing nearly $5.16 billion in spending over the next five years with approximately 49 policy initiatives to counter rising...more

Bricker Graydon LLP

[Event] Uniting for Action: A Discussion on Collaborating Solutions for Central Ohio’s Housing Future - October 18th,...

Bricker Graydon LLP on

Local and state elected officials, community stakeholders, private developers, and employers are grappling with Ohio’s recognized lack of high-quality, workforce-attainable housing options. While Ohio has been successful in...more

Nutter McClennen & Fish LLP

2024 Massachusetts Affordable Housing Bill Includes Provisions Intended to Promote Residential Housing Construction: What You Need...

The Massachusetts Affordable Homes Act (H. 4977), signed into law on August 6, 2024, includes provisions intended to promote residential housing construction. These provisions: (1) require municipalities to permit accessory...more

Goulston & Storrs PC

City of Boston Office to Residential Conversion Program Extension

Goulston & Storrs PC on

In June, Mayor Wu announced the extension of the City of Boston's Office to Residential Conversion Program with $15 million in additional funding from the state. The program, which formally launched in October of 2023, aims...more

Brownstein Hyatt Farber Schreck

Colorado Enacts Local Right of First Refusal Housing Policy

Legislature Gives Local Governments Right of First Refusal on Affordable Housing and Right of First Offer on Certain Market Rate Multifamily Properties - On the final day of the legislative session, the state legislature...more

Holland & Knight LLP

Changes to New York's Housing Laws: What You Need to Know

Holland & Knight LLP on

New York state has enacted changes in the housing laws that will have a significant impact on the development and operation of multifamily housing in New York City and the state, and will also ameliorate the effects of...more

Partridge Snow & Hahn LLP

New Slate of 15 Bills Introduced in 2024 Intended to Further Encourage Residential Development

As covered in prior PSH Client Alerts on June 26, 2023, August 22, 2023, and November 27, 2023, this past year included numerous major reforms to the Rhode Island zoning and land development statutes, all aimed at spurring...more

Carlton Fields

[Webinar] Can You Live Local? Benefits and Challenges of Developing Affordable Housing in Florida - January 23rd, 2:30 pm - 3:30...

Carlton Fields on

It's been just a few months since Florida enacted the Live Local Act to boost affordable housing, and developers are already proposing new projects under the new law. In this webinar, our panelists will discuss the...more

Bowditch & Dewey

Massachusetts Communities Use ARPA Funds to Develop Novel Affordable Housing Programs

Bowditch & Dewey on

MassHousing, Boston, Salem and Worcester have introduced novel programs using American Rescue Plan Act (ARPA) funds to create and preserve affordable housing following the U.S. Treasury’s Final Rule on Coronavirus State and...more

Sheppard Mullin Richter & Hampton LLP

Court of Appeal Rules HERO Cannot Save Previously Vacated Rental Units

Recent Cases - Land Use and Entitlements The Second District Court of Appeal rejected a California Environmental Quality Act challenge to a mitigated negative declaration for a 24-room boutique hotel (the “Project”) in...more

Fisher Phillips

Beware Of The One-Two Punch Expected In The Fair Housing Law Arena

Fisher Phillips on

The combination of a recent unfavorable Supreme Court decision along with dramatically increased federal funding for fair housing enforcement could spell bad news. Businesses that operate in the housing industry and those...more

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