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State and Local Government › Property Tax › Housing Market

Polsinelli

Texas HB 21 Reshapes the Requirements and Effects of Chapter 394 of the Texas Local Government Code

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Texas House Bill 21 (HB 21), signed into law in May, has dramatically shifted affordable housing tax exemptions across the state. Specifically, HB 21’s primary impact is on a housing finance corporation’s area of operation...more

Cozen O'Connor

Cozen Cities - June 25, 2025

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NEW YORK—Waymo Applies for NYC Permit - Waymo, Alphabet’s self-driving car unit, plans to begin manually operating vehicles in Manhattan as a first step toward launching autonomous ride-hailing in New York City. The company...more

Pullman & Comley - For What It May Be Worth

Connecticut Focuses on Streamlining/Incentivizing Commercial to Residential Building Conversions

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As part of an ongoing effort to address the affordable housing shortage, the Connecticut General Assembly has passed Senate Bill No. 1444 which is designed to facilitate the conversion of certain buildings to residential use....more

Cozen O'Connor

Cozen Cities - May 14, 2025

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BALTIMORE—Bill Introduced to Address Housing Shortage- On Monday, Mayor Brandon Scott (D) introduced his Housing Options & Opportunity Act, which aims to expand zoning laws for multi-family homes and provide more housing...more

Frost Brown Todd

Large Kentucky Multifamily Housing Projects Are Now IRB-Eligible

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Kentucky local governments now have an additional tool to help address their housing shortages thanks to legislation enacted during the 2025 Kentucky General Assembly. A provision of Senate Bill (SB) 25 authorizes local...more

Cozen O'Connor

Broad Street Brief: Mayor Parker Unveils “Mission 30,000” Housing Plan

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Mayor Parker Unveils “Mission 30,000” Housing Plan - Mayor Cherelle Parker outlined her “Mission 30,000” plan to build, preserve, and repair 30,000 housing units in Philadelphia during the Chamber of Commerce for Greater...more

Hogan Lovells

U.S.: Post City of Yes - What to Expect in 2025

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With landmark housing policy changes and tax incentives for developers in 2024, we forecast a positive outlook for investment in New York City real estate in 2025. NYC Development 2025: The beginning of the next boom?...more

Pullman & Comley - For What It May Be Worth

New Bill Requires Municipalities to Assess Affordable Housing Properties Based on Net Rental Income

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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

Holland & Knight LLP

District of Columbia Releases Regulations for the Housing in Downtown Tax Abatement

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The Office of the Deputy Mayor for Planning and Economic Development (DMPED) for the District of Columbia issued regulations effectuating the Housing in Downtown Tax Abatement (Abatement) on March 22, 2024. The regulations...more

Akerman LLP

D.C. Government Publishes Proposed Rules on Tax Abatements for Residential Conversions

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Washington D.C.’s Office of the Deputy Mayor for Planning and Economic Development (DMPED) released its proposed rules establishing how the D.C. government will implement the Housing in Downtown Tax Abatement program. A...more

Winstead PC

Texas Legislature Approves HB 2071 Which Revises Public Facility Corporation Exemption for Affordable Housing

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The 88th Regular Session (2023) of the Texas Legislature approved HB 2071 (the "Bill"), which revises the way public facility corporations ("PFCs") can be utilized to own and operate affordable housing. Affordable housing is...more

Bilzin Sumberg

New Florida Law to Turbocharge Affordable Housing Development

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Governor Ron DeSantis signed into law Senate Bill 102 (“Live Local Act” or the “Act”) on March 28, 2023. The majority of the Live Local Act will go into effect on July 1, 2023, with certain provisions pertaining to tax...more

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