CHICAGO—City Begins Converting Loop Office Buildings to Housing -Chicago’s La Salle Corridor Revitalization Initiative kicked off last week, beginning with the transformation of a historic 14-story Loop office building into...more
With very active legislative sessions in the DMV region, we're providing these updates on proposed legislation and several ongoing efforts impacting the multifamily industry. ...more
CHICAGO — Data Shows City’s Labor Market Stabilizing - Federal Reserve Bank of Chicago President Austan Goolsbee said the latest jobs report suggests the labor market is stabilizing at full employment and is not a sign of an...more
The Connecticut General Assembly recently passed a bill requiring municipalities to assess properties used solely for low and moderate-income housing based on the capitalized value of their net rental income....more
The Florida Legislature continues to modify the proposed changes to the Live Local Act (Act) through the latest version of Senate Bill 328 (SB 328), passed on February 7, 2024. For background on the original Act, see “Live...more
In response to multiple news and industry reports that many urban areas in the United States are suffering a crisis in affordable housing, many states and cities are actively considering rent control as an ameliorative...more
A handful of important state laws related to housing have been passed by the California legislature, including the Housing Crisis Act of 2019 (SB 330), which provides a set of limited reforms to the Housing Accountability Act...more
As California's housing supply and homelessness crisis continues, the State Legislature has for the past several years passed numerous pieces of housing legislation in each legislative session. This year was no exception,...more
As the U.S. economy enters its tenth year of continuous growth, cities are responding with ways to harness development pressure for affordable housing and for job creation and training. Boston’s elected officials are...more