News & Analysis as of

Economic Development Municipalities

Holland & Knight LLP

Nannie Helen Burroughs NE Corridor: Draft Small Area Plan Released for Public Comment

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The Office of Planning (OP) has been working with residents, community stakeholders and Washington, D.C., government agencies to develop the Draft Nannie Helen Burroughs Corridor Small Area Plan (NHBCSAP). This plan is...more

Bricker Graydon LLP

Langford Named Delaware’s New Economic Development Director

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The City of Delaware has appointed Topeka, Kansas native Nic Langford as its new economic development director, replacing Sean Hughes, who left the position in December to become Powell’s first economic development...more

Bilzin Sumberg

A Brief Introduction to Tax Increment Financing

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Tax Increment Financing (TIF) is a financing tool used by local governments to fund economic development projects. In Florida, TIF is most commonly associated with Community Redevelopment Agencies (CRAs), which have statutory...more

McNees Wallace & Nurick LLC

Municipalities Help to Breathe New Life into Vacant or Underutilized Shopping Mall Sites

In recent months, several media outlets have reported on potential redevelopment concepts and initiatives for the Colonial Park Mall site in Lower Paxton Township and the Harrisburg Mall site in Swatara Township, both located...more

Kohrman Jackson & Krantz LLP

City of Cleveland Property Tax Abatement: The Study, Key Findings and Recommendations

THE STUDY - In the summer of 2019, Cleveland’s Office of Community Development and the Equitable Community Development Working Group commissioned a study (the “Study”) to identify the historic usage of the City’s Tax...more

Bricker Graydon LLP

ODOD releases rules and program guidelines for Brownfield Remediation Program and Building Demolition and Site Revitalization...

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The Ohio Department of Development (ODOD) released rules and associated program guideline documents (Brownfield Remediation and Building Demolition and Site Revitalization) to govern the disbursement of $500 million in total...more

Dentons

Iowa Reinvestment Act Rejuvenated

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Under the Iowa Reinvestment Act, municipalities may apply to the Iowa Economic Development Authority to establish a reinvestment district and receive tax-generated funds for large-scale development projects. The act...more

Robinson & Cole LLP

An Act to Address Challenges Faced by Municipalities and State Authorities Resulting from COVID-19

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On April 3, 2020, Massachusetts Governor Charlie Baker signed into law “An Act to Address Challenges Faced by Municipalities and State Authorities Resulting from COVID-19” as Chapter 53 of the Acts of 2020 (the Act). A copy...more

Pierce Atwood LLP

Massachusetts Passes Local Permitting Relief For COVID-19 Emergency

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On April 3, 2020, Massachusetts Governor Charlie Baker signed into law Chapter 53 of the Acts of 2020, an Act To Address Challenges Faced by Municipalities and State Authorities Resulting from COVID-19. ...more

Lathrop GPM

Local Kansas City Funding for Small Businesses and Nonprofit Organizations

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In response to the global COVID-19 pandemic, Kansas City area economic development organizations, corporations, foundations and municipalities are offering financial assistance in the form of loans and grants to small...more

Bricker Graydon LLP

Calling all economic developers: Large TIFs may be eligible for a one-time extension opportunity

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In the fall of 2019, the Ohio General Assembly significantly changed state law governing tax increment financing (TIF) exemptions. For certain TIF projects, local communities can extend the exemptions – and, therefore,...more

Harris Beach PLLC

New Year Brings New Opportunities for Opportunity Zones

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The dawn of 2020 brings a spirit of fresh opportunities for municipalities to address challenges, develop (or re-develop), and pursue growth by aligning with investors and government programs. The new year also offers a...more

WilmerHale

In Case You Missed It: Launch Links - October 2019 #3

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Some interesting links we found across the web this week: How a VC Wants to be Pitched - Raising capital can be a daunting task for many startup founders who are unsure about how to best pitch their product or business...more

Best Best & Krieger LLP

New Economic Development Subsidy Requirements

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AB 485 to Promote Greater Oversight and Transparency - Local agencies must now provide specific information to the public before approving economic development subsidies for warehouse distribution centers in its...more

Best Best & Krieger LLP

Surplus Land Act Requirements Expand for Local Agencies

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Part 2: New California Housing Laws - Agencies will have expanded roles under the Surplus Land Act, and will have to satisfy new housing element requirements under Assembly Bill 1486, signed by Gov. Gavin Newsom on...more

Harris Beach PLLC

Appeal Court: City’s Funding of Neighboring Property Restoration Did Not 'Condemn' Restaurant

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In an August 2019 decision, the Fourth Department of the Appellate Division of the Supreme Court of the State of New York ruled that property owners cannot assert a lawsuit alleging inverse condemnation and other damages...more

Akin Gump Strauss Hauer & Feld LLP

ADGM Entities May Now Own Property in Abu Dhabi

Qualifying Abu Dhabi Global Market (ADGM) entities, including special purpose vehicles, foundations and real estate investment funds, may now hold title to property in Abu Dhabi (onshore and in the free zone) thanks to an...more

McDermott Will & Emery

Tax Court Rules State Corporate Incentives Are NOT Taxable Income Under Federal Law

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Many states and localities give incentives for business to move or transact in their locations. There has always been a question of whether these incentives are taxable income under federal income tax law. Internal Revenue...more

Pullman & Comley, LLC

ALERT: Lamont Forms Economic Development Partnership

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The Lamont Administration announced that David Lehman, Global Head of Real Estate Finance for the Investment Banking Division of Goldman Sachs, will be the new Commissioner of the Department of Economic and Community...more

Bowditch & Dewey

Appurtenant Railroad Land No Longer Impedes Development

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MGL c. 40, section 54A provides that a municipality cannot issue a building permit to build a structure on land formerly used as a railroad right-of-way or any property appurtenant thereto formerly used by any railroad...more

Harris Beach PLLC

Governor Cuomo Announces Consolidated Funding Application Round

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Governor Cuomo has announced the 2018 funding round for the Consolidated Funding Application (CFA). Round VIII winners are expected to share in $750 million in state economic development funds. Eligible applicants include...more

Downs Rachlin Martin PLLC

News from the Vermont State House - An analysis from DRM's Government & Public Affairs Team - February 2017 #3

Act 188 Plans On Hold as New Chemical Bill is Introduced - Nearly three years after the legislature passed a law to regulate children’s products containing chemicals of high concern, a web site intended to inform the...more

Downs Rachlin Martin PLLC

News from the Vermont State House - An analysis from DRM's Government & Public Affairs Team - February 2017

The Agency of Transportation has submitted a proposal to the House Transportation Committee that would allow the agency to seek damages from a utility that fails to move or adjust a utility line that is in a state or local...more

Mintz - ML Strategies

2015-2016 Massachusetts Legislative Session Ends

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After a mad scramble to take action before their midnight deadline, Massachusetts lawmakers closed the 20152016 legislative session by passing five of the “Big Six” bills on their agenda. Beacon Hill saw a flurry of activity...more

Miller Starr Regalia

“No Build” Condition On Shopping Center Property Is Compensable Regulatory Taking

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The Court of Appeal has squarely held that a prohibition on development of a portion of a shopping center project site, in order to “bank” that property for possible future acquisition, was a temporary taking. (Jefferson...more

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