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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

K&L Gates LLP

Victoria's New Developer Bond Scheme: Implications for Developers

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Introduction - In a significant move aimed to enhance consumer protections in the housing sector, the Victorian Government has enacted the Building Legislation Amendment (Buyer Protections) Act 2025 (Vic) (Act). A key feature...more

DLA Piper

Major pro-housing CEQA reform legislation signed into California law

DLA Piper on

On June 30, 2025, California Governor Gavin Newsom signed into law Assembly Bill 130 (AB 130) and Senate Bill 131 (SB 131), both of which took effect immediately....more

Adams & Reese

Florida Enacts New Mandatory Builder Warranty

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Effective July 1, 2025, Florida requires builders to provide a mandatory, transferable one-year warranty for newly constructed residential homes. The warranty covers construction defects in equipment, materials, or...more

DarrowEverett LLP

Aging Florida Condos Provide Developers With Strategic Opportunities

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In the wake of the 2021 Surfside condominium collapse, Florida enacted sweeping changes that affect condominium governance, structural maintenance requirements, and reserve funding obligations. These changes have not only...more

Lowndes

Florida Condo Reform Bill Moves to Governor’s Desk

Lowndes on

On Wednesday, June 18, 2025, at 1:20 PM, CS/CS/HB 913 – a major piece of legislation addressing condominium association governance, management, and structural safety – was signed by legislative officers and formally presented...more

Allen Matkins

Recent Amendments to the Starter Home Revitalization Act

Allen Matkins on

SB 684 and SB 1123 (Caballero) expand the Starter Home Revitalization Act to further facilitate the construction of “starter” home projects consisting of up to 10 dwelling units (not exceeding an average of 1,750 net...more

BakerHostetler

Texas Legislative Update: HB 21 Changes Property Tax Exemption For Housing Finance Corporations

BakerHostetler on

On May 28, Gov. Greg Abbott signed House Bill 21 (HB 21), which becomes effective immediately. A brief summary of HB 21 can be found below. This summary reflects our current interpretation of HB 21. A more detailed analysis...more

Adams & Reese

Colorado's New Construction Bill: What Developers Need to Know

Adams & Reese on

On May 12, 2025, Governor Jared Polis signed HOUSE BILL 25-1272, a significant piece of legislation aimed at reforming the construction defect process, particularly for middle market housing (multifamily, attached housing of...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

Miles & Stockbridge P.C.

Key Takeaways from Build-to-Rent East

“Build-to-rent” means what it sounds like: A builder constructs single-family homes specifically designed for renters. Also known as “build-for-rent,” these communities began in Phoenix during the Great Recession and have...more

Best Best & Krieger LLP

Well-Informed Start to 2025: BBK’s Guidance for New Laws in California – Housing Part Five

In part five of the Housing New Law series from Best Best & Krieger LLP (BBK), important new housing legislation for 2025 related to tribal housing, housing authorities and other bills impacting city housing programs. Below...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

Best Best & Krieger LLP

2025 California Legal Updates: What You Need to Know – Part One

In Part One of the New Laws series from Best Best & Krieger LLP (BBK), new legislation for 2025 focusing on public infrastructure, transportation, housing and property regulations includes key takeaways and analyses of AB...more

Sullivan & Worcester

Housing Bill Becomes Law, But It’s Not Just About Housing

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On Tuesday, August 6th, Governor Healey signed into law House Bill 4977, “An Act relative to the Affordable Homes Act.” The 181-page Bill provides for $5.1 billion in capital funding to support housing production and...more

Sheppard Mullin Richter & Hampton LLP

Big Streamlining for Small Subdivision Developers

To address the housing crisis in California, Senate Bill 684 (SB 684), passed in 2023 but effective as of July 1, 2024, aims to simplify the approval process for small-scale for-sale housing projects, facilitate a quicker...more

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