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Hogan Lovells

Opportunity Zones 2.0 – Back to the Land of OZ

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Once the dust settled after the marathon legislative efforts resulting in the passage of the One Big Beautiful Bill Act of 2025 (“OBBBA”), the real estate community collectively exhaled and began to parse through and unpack...more

Vorys, Sater, Seymour and Pease LLP

Ohio Budget Bill Brings Significant Changes and Economic Development Focus

On June 30, 2025, Governor Mike DeWine signed Amended Substitute House Bill 96 (H.B. 96), establishing Ohio's biennial budget for State fiscal years 2026-2027 (July 1, 2025 through June 30, 2027). This comprehensive budget...more

Vorys, Sater, Seymour and Pease LLP

Material Changes Transform the Ohio TMUD Tax Credit

The new Ohio budget signed June 30, 2025 (the Budget Bill or HB 96) enacts substantial changes to Ohio Revised Code Section 122.09, the Transformational Mixed-Use Development Tax Credit (TMUD Tax Credit). The TMUD Tax...more

Seyfarth Shaw LLP

A New Chapter for Opportunity Zones

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The Opportunity Zone program (the “OZ Incentive Program”), launched under the 2017 Tax Cuts and Jobs Act, was designed to spur economic development in distressed communities by offering tax incentives to investors. As part of...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

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

City Council Approves Atlantic Avenue Mixed Use Plan

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On May 28, 2025, the New York City Council approved the city-led Atlantic Avenue Mixed Use Plan (AAMUP, pronounced "aim up"), rezoning a low-density industrial stretch of Atlantic Avenue and surrounding blocks in Brooklyn’s...more

Farrell Fritz, P.C.

From Vacancy to Vibrancy: Empire State Development’s Vision for Long Island Housing

Farrell Fritz, P.C. on

On March 27, 2025, Empire State Development, New York State’s chief economic development agency, announced the launch of the Long Island Forward Housing Program (LIFHP), a $10 million initiative designed to promote and...more

Cozen O'Connor

Major Long Island City Rezoning Enters Public Review

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On April 21, 2025, the New York City Planning Commission (CPC) certified the city-led Long Island City Neighborhood Plan, known as OneLIC, into public review. OneLIC seeks to build on Long Island City’s status as one of...more

Bilzin Sumberg

Proposed Bill Would Impact Economic Development Efforts within CRAs

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The Community Redevelopment Act of 1969 authorizes counties and municipalities to create CRAs as a means for redeveloping slums and blighted areas in the community. Once created, CRAs adopt a Community Redevelopment Plan...more

Bricker Graydon LLP

[Hybrid Event] Hot Topics for Ohio Political Subdivisions in 2025: Housing Development - April 2nd, Cleveland, OH

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Bricker Graydon is pleased to present a series of hybrid events covering hot topics impacting Ohio's political subdivisions throughout 2025. Join us in person in our Cleveland office or virtually via Zoom for the next event...more

Spilman Thomas & Battle, PLLC

The Rural Historic Tax Credit Improvement Act Will Expand Access To Smaller Projects | Spilman Thomas & Battle

Last week, U.S. Senators Shelley Moore Capito, R-West Virginia, and Mark Warner, D-Virginia, introduced S. 631, which focuses on rural historic tax credit (HTC) use and also includes transferability for small projects (those...more

Offit Kurman

Will 2025 Bring Greater Equity Investment and Debt Financing in NJ? NJ Aspire 3.0 aspires to do just that.

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On January 23, 2025, Governor Phil Murphy enacted significant amendments to the New Jersey Aspire Program by signing Senate Bill 1323/Assembly Bill 2076 into law. The amendments, collectively referred to as “NJ Aspire 3.0”...more

Kohrman Jackson & Krantz LLP

Another Step in Cleveland’s Lakefront Revitalization

Cleveland City Council recently commenced the process to create a new nonprofit development agency, known as a New Community Authority (NCA), to administer land and community facility acquisition and development, as well as...more

Bricker Graydon LLP

[Event] Uniting for Action: A Discussion About Collaborative Solutions for Northeast Ohio’s Housing Future - November 1st,...

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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

Dinsmore & Shohl LLP

Dinsmore's Sam Hargitt on working with some of Indianapolis' top developers and investors

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In this Spotlight on Real Estate and Development, Samantha (Sam) Hargitt explains the thrill of working with clients on significant projects that shape communities and drive economic growth. As a partner in the Firm’s...more

Goulston & Storrs PC

“You are a New Yorker the first time you say, ‘'That used to be…’”

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According to one of my favorite novelists, Colson Whitehead, “No matter how long you have been here, you are a New Yorker the first time you say, 'That used to be Munsey's' or ‘That used to be the Tic Toc Lounge.’”  I have a...more

Carlton Fields

[Event] The Heartbeat of Innovation: Tampa's Medical District Initiative - June 4th, Tampa, FL

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Inspired by renowned medical districts in the nation’s greatest cities, Tampa General Hospital and USF Health Morsani College of Medicine have partnered with the Tampa Bay Economic Development Council to create a life...more

Farrell Fritz, P.C.

Tax Incentives Aim to Drive Real Estate Development Forward

Farrell Fritz, P.C. on

It has long been an accepted reality that very little real estate development gets done in New York State without the help of a myriad of tax incentive packages handed out by state and local governments—and the entities that...more

K&L Gates LLP

Washington, D.C.'s Office of the Deputy Mayor for Planning and Economic Development Proposes Rules to Implement Downtown Real...

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On 26 January 2024, Washington, D.C.’s Office of the Deputy Mayor for Planning and Economic Development (DMPED) published a Notice of Proposed Rulemaking to implement tax abatements to be made available to developers of...more

Herbert Smith Freehills Kramer

NYCEDC and NYCIDA Announce ‘M-CORE’ Tax Benefits for Commercial Renovations

The New York City Economic Development Corp. (EDC) and Industrial Development Agency (IDA) have announced the Manhattan Commercial Revitalization tax incentive program, dubbed “M-CORE,” to support the renovation of commercial...more

Kohrman Jackson & Krantz LLP

City of Cleveland Property Tax Abatement: The Study, Key Findings and Recommendations

THE STUDY - In the summer of 2019, Cleveland’s Office of Community Development and the Equitable Community Development Working Group commissioned a study (the “Study”) to identify the historic usage of the City’s Tax...more

Kohrman Jackson & Krantz LLP

UPDATE: Ohio General Assembly Passes Increased Historic and Opportunity Zone Incentives in SB 225

Ohio’s General Assembly recently voted to temporarily double its Ohio Historic Preservation Tax Credit (OHPTC) award cap and increase, then reduce Ohio’s Opportunity Zone (OZ) Tax Credit cap. For state fiscal years 2023 and...more

Lowndes

Renewed Opportunities: Recent Bipartisan Proposal Seeks to Refine Opportunity Zone Development and Tax Incentives

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In 2017, the Tax Cuts and Jobs Acts (TCJA) created a capital gains investing program aimed at revitalizing impoverished neighborhoods in the United States, known as “Qualified Opportunity Zones.” The purpose of this program...more

Carlton Fields

[Webinar] Looking Forward to the Future of the Tampa Bay Region - December 15th, 12:00 pm - 1:00 pm ET

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Tech. Restaurants. Real Estate. Sports. Tourism. The Tampa Bay region is booming all around. Our population, workforce growth, infrastructure, economy, and leisure options have all led to Tampa and its surrounding cities...more

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