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Tax Incentives Housing Developers Real Estate Development

Williams Mullen

Low-Income Housing Tax Credit Reform: The One Big Beautiful Bill Act’s Effect on Affordable Housing

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On July 3, 2025, the United States House of Representatives passed the final version of the One Big Beautiful Bill Act (the “Act”), which was subsequently signed into law by the President on July 4, 2025. ...more

Herbert Smith Freehills Kramer

Tax Reform Update: Senate Bill Includes Key Win for Condominium Developers

On July 1, the Senate’s version of the “One Big Beautiful Bill” passed the Senate. Such bill included a new provision (not in the House bill) that would provide significant tax relief to condominium developers. The bill...more

Keating Muething & Klekamp PLL

Ohio Revised Code § 5709.56

In 1972, the average home price in the United States was approximately $30,000. Fifty years later, that number broke $500,000, an increase that is, no doubt, aggravated by a 4.5 million-unit deficit in supply. State and local...more

Venable LLP

Looming Deadline for Developers - File By December 2024 Or Lose Tax Incentives

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There is a new tax incentive program in New York that in essence renews the now-expired 421-a program, but developers must file right away—by December 14, 2024—to gain these benefits....more

Mandelbaum Barrett PC

New Jersey Introduces Accelerated Depreciation for Affordable Housing

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In a bid to incentivize the development of affordable housing, New Jersey has implemented a significant policy change. Effective from the tax year beginning on January 1, 2025, the state now offers accelerated depreciation...more

Akerman LLP

New York’s 421-a (16) Program Extension

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To address the ongoing need for affordable housing in New York, Governor Hochul and the state legislature have passed additional incentives to spur affordable housing development....more

Holland & Knight LLP

New Programs Designed to Assist Production of Housing in New York City

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The adopted 2024-2025 budget for New York state includes the enactment of two programs intended to assist the production of housing in New York City: the Affordable Neighborhoods for New Yorkers Program (ANNYP) to replace the...more

Holland & Knight LLP

Changes to New York's Housing Laws: What You Need to Know

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New York state has enacted changes in the housing laws that will have a significant impact on the development and operation of multifamily housing in New York City and the state, and will also ameliorate the effects of...more

Pullman & Comley - For What It May Be Worth

Connecticut Bill Aims to Incentivize Commercial to Residential Building Conversions

National and local news has been replete with stories discussing the challenges and benefits of converting underutilized commercial properties such as office buildings into needed housing.  A recently introduced bill pending...more

Williams Mullen

Meet the Affordable Housing Performance Grant - the City of Richmond’s Newest Affordable Housing Development Incentive

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The “toolbox” of incentives for increasing the supply of affordable housing in the City of Richmond now features a new tool that is attracting considerable attention from both for-profit and non-profit developers. This tool...more

Holland & Hart LLP

The Opportunity in Opportunity Zones (Infographic)

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Offering significant tax breaks for investors, the federal Qualified Opportunity Zone (QOZ) program is an intriguing prospect for real estate developers and investors. However, the Treasury Department is still formalizing the...more

Farella Braun + Martel LLP

Opportunity Zone Program Drives Investments to Low-Income Communities

A new economic development tool created to stimulate investment in low-income communities known as “Opportunity Zones” has been attracting attention of investors, developers and business owners. This tool extends tax...more

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