RAD Conversions for MOD Rehab/MOD Rehab SRO Projects
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
Finally, some potential good news for multifamily property owners and developers in DC. It appears that the discussions on reforming the Tenant Opportunity to Purchase Act (TOPA), as well as the Emergency Rental Assistance...more
Last week, the U.S. Department of Housing and Urban Development (HUD) issued a Notice of Proposed Rulemaking, seeking public comment on its proposal to amend existing regulations that govern admission to public housing and...more
On March 11, 2021, President Joe Biden signed H.R. 1319, the American Rescue Plan Act of 2021, into law. The $1.9 trillion COVID-19 relief bill, which passed in the U.S. Senate by a narrow 50-49 vote on March 6 and in the...more
Effective February 1, 2021, the California Legislature and Governor Gavin Newsom approved Senate Bill (“SB”) 91 – Eviction Protection and Relief Act in further response to the ongoing COVID-19 pandemic. In essence, SB 91...more
RAD Conversions for MOD Rehab/MOD Rehab SRO Projects Owners and managers of units subsidized through HUD's Moderate Rehabilitation (Mod Rehab) program, including Mod Rehab Single Room Occupancy (SRO) units, should be...more
Owners and managers of units subsidized through HUD's Moderate Rehabilitation (Mod Rehab) program, including Mod Rehab Single Room Occupancy (SRO) units, should be considering converting their existing Mod Rehab and Mod Rehab...more