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Jones Day Talks: Italy Embraces Foreign investment but Maintains Oversight
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The American Southwest is experiencing a notable shift in its approach to addressing affordable housing shortages. California, Nevada, and Arizona are exploring and debating various zoning relief measures to incentivize...more
The City of Rockville and Montgomery County are addressing affordable housing with differing approaches. Both jurisdictions took action on rent control this summer, with plans for future legislation or applicable regulations...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
As affordable housing has continued to be a topic of concern across the United States, states are evaluating ways to spur and support affordable housing development. In response to affordable housing needs, Alabama became the...more
Colorado’s General Assembly passed two bills this legislative session dedicated to improving the state of affordable housing in Colorado. HB24-1316 and HB24-1434 aim to supplement the State’s oversubscribed affordable housing...more
The Florida Housing Finance Corporation (“FHFC”) recently published their 2024 Income Limits and Rent Limits. These figures show up to a 10% increase in rent limits applicable to qualified Live Local Act projects throughout...more
In 2023, Providence had the largest year over year residential rent increase compared to every other major U.S. city. Rising rental rates are not isolated to the Ocean State. Median residential rent prices increased in cities...more
A roundup of news and multimedia from the Unfamiliar Terrain team: San Francisco - San Francisco’s Montgomery Street Could Signal a Downtown Revival (NY Times): Why a seven-block stretch of Montgomery Street, from the...more
Governor Maura Healey has called out housing as Massachusetts’ biggest challenge—both increasing the pace of production and lowering the cost of living. Given projections that the Commonwealth will absorb 610,000 new...more
On February 28, 2024, the Florida House of Representatives passed Senate Bill 328 (“SB 328”), previously unanimously approved by the Florida Senate by a vote of 112 to 1. SB 328, regarded as the Live Local Act 2024 (“LLA...more
Recognizing that Downtown San Francisco is “struggling” post-pandemic, State Senator Scott Wiener has announced new legislation to exempt certain projects in the area from California Environmental Quality Act (CEQA) review...more
Yesterday, the Florida Senate on the opening day of legislative session unanimously passed by a vote of 40 to 0, Senate Bill 328 also known as the “Live Local Act 2024”. SB328 is in response to a mix of reactions to the...more
As expected, within days of the opening day of the 2024 Legislative Session came two proposed “clarification glitch” bills containing several proposed amendments to the Live Local Act. Senate Bill 328, sponsored by Senator...more
Welcome to Construction & Claims, a periodic digest of the headlines, statutory and regulatory changes and court cases involving construction news, claims, bid protests, contract administration and payment-related disputes....more
A roundup of news and multimedia from the Unfamiliar Terrain team: San Francisco - San Francisco Office Market Shows Signs of Life (Wall Street Journal): Sales slowly materialize as some sellers accept lower prices,...more
A roundup of news and multimedia from the Unfamiliar Terrain team: San Francisco - These three new blocks of housing are among S.F.’s best. They’re for the formerly homeless (S.F. Chronicle): Exploring three recently...more
On September 5, the San Francisco Board of Supervisors finally passed on second reading two pieces of legislation, together referred to as the “Housing Fee Reform Plan.” The Plan, previously discussed on July 7, July 21, and...more
The “Housing Fee Reform Plan” legislation, which we reported on previously, is heading back to the Board of Supervisors next week. On Monday, July 24, the Board’s Land Use and Transportation Committee will consider the two...more
Background - On March 29, 2023, Governor Ron DeSantis signed Senate Bill 102, otherwise known as the Live Local Act (“LLA” or “Act”), into law, representing a large investment for housing efforts, one of the largest in...more
Texas Governor Greg Abbott (R) recently signed Texas House Bill (H.B.) 1058, making Texas at least the 28th state, plus the District of Columbia, to offer state low-income housing tax credits to bridge the growing affordable...more
Effective July 1, 2023, a new chapter in the California Government Code provides for qualifying multifamily housing developments of five or more units to be a “by right” use and subject only to a streamlined ministerial...more
On March 29, 2023, Governor Ron DeSantis signed Senate Bill 102 (the Act), otherwise known as the Live Local Act, into law. The Act becomes effective on July 1. This broad-ranging legislation is intended to incentivize the...more
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
The moniker “affordable” and “workforce” housing can mean different things to different stakeholders. Most will agree that localities and states have recognized a need to provide reasonably priced homes for our workforce and...more
On March 28, 2023, Governor Ron DeSantis signed into law Senate Bill 102 (“Live Local Act” or the “Act”). The Act is a multifaceted law that supports the development of affordable housing in Florida by expanding and creating...more