On July 12, 2024, a bipartisan bill was introduced in the U.S. House of Representatives titled the “Revitalizing Downtowns and Main Streets Act” (H.R. 9002) (the “Bill”), which, if enacted, will provide an investment tax...more
8/6/2024
/ Bipartisan Budget ,
Construction Project ,
Housing Developers ,
Housing Market ,
Investment Tax Credits ,
Proposed Legislation ,
Real Estate Development ,
Regulatory Agenda ,
Residential Property Owners ,
State and Local Government ,
Tax Credits ,
Urban Planning & Development
The District of Columbia’s office market, particularly Class B and C properties, is facing a calamity of epic proportions with occupancy, revenues, and valuations plummeting. Like other municipalities facing similar office...more
Seyfarth Synopsis: With the cooperation of federal agencies such as the Department of Housing and Urban Development (HUD) and the Department of Transportation (DOT), the White House has established plans to use grants and...more
12/12/2023
/ Affordable Housing ,
Community Development Block Grants ,
Consumer Financial Products ,
Department of Transportation (DOT) ,
Financing ,
HUD ,
Loans ,
Office Space ,
Real Estate Development ,
Redevelopment ,
Statutory Requirements ,
TIFIA ,
Urban Planning & Development