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Rental Property Community Development

Jones Day

Bridging the Gap: Supply Shortfalls and Soaring Demand in the UK Build-to-Rent Sector

Jones Day on

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

Hahn Loeser & Parks LLP

Chicago’s Tenant Opportunity to Purchase Ordinance Takes Effect on Northwest Side

The city of Chicago’s recently established Tenant Opportunity to Purchase (“TOP”) program for rental buildings on the city’s northwest side is now being enforced as of March 1, 2025, by the Department of Housing. The program...more

Venable LLP

RENTAL Act Promises to Improve Confidence for Owners of Affordable and Market-Rate Housing in the District and Provides...

Venable LLP on

Washington, DC, Mayor Muriel Bowser unveiled legislation on February 12, 2025, aimed at protecting existing affordable housing units and improving the investment climate for newer multifamily housing in the District....more

Ballard Spahr LLP

Mayor Bowser Proposes Important TOPA and ERAP Reforms

Ballard Spahr LLP on

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

Harris Beach Murtha PLLC

Proposal to Remove Bond Cap Could Aid Affordable Housing Developers

Harris Beach Murtha PLLC on

The U.S. Congress is currently considering the “Accelerated Supply of Affordable Production [ASAP] Housing Act” (the “Act”), legislation to address the nationwide affordable housing shortage and surrounding real estate...more

Cole Schotz

Navigating the NYS 2024/2025 Executive Budget and Its Impact on NYC Multifamily Housing (Part 2 of 4)

Cole Schotz on

New York recently adopted the Affordable Neighborhoods for New Yorkers (ANNY) Tax Incentive and the Affordable Housing from Commercial Conversions (AHCC) Tax Incentive programs, as well as a host of other new and modified...more

Lowndes

Orange County's AMI Jumps to $90,400 in 2024: What It Means for Affordable Housing

Lowndes on

The Department of Housing and Urban Development (HUD) recently announced the 2024 Area Median Income (AMI) and Rent Limits for counties statewide. These numbers are impactful on a number of levels, but are extremely important...more

Allen Matkins

Sustainable Development and Land Use Update 9.20.23

Allen Matkins on

With the state facing a severe housing crisis, Governor Gavin Newsom signed a bill into law that will make it easier for universities and other housing developers to build housing and overcome lawsuits from local residents...more

Coblentz Patch Duffy & Bass

What We're Reading, Watching, and Listening to: May 2023

A roundup of news and multimedia from the Unfamiliar Terrain team: San Francisco - Housing Wonks on a Mission to Shorten S.F.’s Permitting Process (Fixing Our City Podcast): Assemblymember Matt Haney and YIMBY...more

Herbert Smith Freehills Kramer

Hotel and Office Conversions — an Update

Since January 2021, multiple proposals were introduced in the New York State legislature to permit underutilized hotel and/or office buildings, many of which have become financially distressed due to the COVID-19 pandemic, to...more

Allen Matkins

Sustainable Development and Land Use Update - November 2020 #3

Allen Matkins on

Back rent in California nearing $1.7 billion, Federal Reserve study finds - Orange County Register – November 12 - California’s back rent is projected to reach nearly $1.7 billion by the end of the year, or almost a...more

Allen Matkins

Sustainable Development and Land Use Update - April 2020 #2

Allen Matkins on

To cut carbon emissions, a movement grows to ‘electrify everything’ - Yale Environment 360 – April 14 - On March 24, just before the city council of Santa Cruz passed an emergency measure to prevent evictions of...more

Hogan Lovells

A beginners’ guide to affordable housing in London

Hogan Lovells on

It is estimated that the population of London will reach 10.8 million by 2041. According to the Mayor of London, around 43,500 affordable homes are required each year in order to meet London’s housing needs. Yet the issue as...more

Hogan Lovells

Commonhold: Dead duck or ugly duckling?

Hogan Lovells on

Tasked with reinvigorating commonhold, the Law Commission has published a consultation on its proposals to make commonhold a workable alternative to leasehold, for both existing and new homes....more

Holland & Knight LLP

DHCD Issues District Opportunity to Purchase Act Final Regulations

Holland & Knight LLP on

The District of Columbia Department of Housing and Community Development (DHCD) has issued its final rules for the implementation of the District Opportunity to Purchase Act (DOPA), which were published in the District of...more

Lowndes

$200M+ 'Green wall' downtown apartment project takes another step forward (RENDERINGS)

Lowndes on

A New York-based development group behind a trio of downtown apartment towers — which may feature a living green exterior with a sheath composed of plants — saw the final phases of its project move ahead in a city committee...more

Spilman Thomas & Battle, PLLC

Spilman Alert - Breaking Insights: Important West Virginia Supreme Court of Appeals Decision Affirms Law on Taxation and Leasehold...

The Supreme Court of Appeals of West Virginia's recent decision in Musick v. University Park at Evansdale marks an important affirmation of West Virginia law on taxation of leasehold interests. It has important and positive...more

Hogan Lovells

New Guidance paves the way for more Build to Rent

Hogan Lovells on

What’s happened? The Government has issued new guidance to help councils grant planning permission for Build to Rent schemes. This is great news for Build to Rent developers as it should mean that permissions are granted...more

Ballard Spahr LLP

The OIG issues dozens of new audit reports

Ballard Spahr LLP on

Just in time for the end of the federal fiscal year (September 30), the HUD Office of Inspector General (OIG) issued a flurry of internal and external audit reports over the last few weeks on a wide variety of topics....more

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