On August 16, 2022, President Biden signed the Inflation Reduction Act of 2022 (Act) into law. The Act broadly addresses climate change, taxes, health care and inflation....more
8/19/2022
/ Biden Administration ,
Clean Energy ,
Climate Change ,
Defense Production Act ,
Energy Projects ,
Energy Tax Incentives ,
Environmental Protection Agency (EPA) ,
Federal Funding ,
Inflation Reduction Act (IRA) ,
Investment Tax Credits ,
Production Tax Credit ,
Renewable Energy ,
Renewable Energy Incentives ,
Tax Credits
On March 1, 2021, the Virginia General Assembly approved legislation creating the Virginia Opportunity Tax Credit Program (Program), a new state low-income housing tax credit (LIHTC) that contributes an amount to a qualified...more
On May 28, 2020, the Virginia Supreme Court issued its decision in the case of Rowland v. Town Council of Warrenton, 842 S.E. 398 (2020). The case provides useful insight and practical tools for those navigating the rezoning...more
On July 30, 2020, the IRS issued Notice 2020-58 (“Notice”) as part of the federal government’s emergency response to the COVID-19 pandemic and mandate “to provide relief from tax deadlines to Americans who have been adversely...more
On July 1, 2020, the IRS issued proposed regulations (REG-123027-19; RIN 1545-BP59) (Regulations) governing compliance-monitoring for low-income housing tax credit (LIHTC) projects and issued Notice 2020-53 (Notice) in...more
The 2020 Business Solutions Series.
Join us for a webinar on leasing considerations for developers, landlords, and business owners.
Topics include:
- What the market looks like right now.
- What can landlords do right...more
Multifamily landlords looking to enforce lease provisions during the COVID-19 pandemic face a complicated framework of quickly enacted emergency federal, state and local laws and uncertainty over a shifting regulatory...more
While it is clear that the current COVID-19 crisis has touched every part of society and the economy, the governmental response and protections have not been uniform. The federal, state and local guidance has largely focused...more
5/13/2020
/ CARES Act ,
Commercial Leases ,
Coronavirus/COVID-19 ,
Court Closures ,
Court Schedules ,
Default ,
Eviction ,
Fixtures ,
Paycheck Protection Program (PPP) ,
Perfected Security Interest ,
Repossess ,
Uniform Commercial Code (UCC) ,
VA Supreme Court
Goodbye LIBOR - Hello Operational Headache!
A sea of change is on the horizon for benchmark interest rates as financial regulators respond to the need to replace the London Interbank Offered Rate (“LIBOR”). LIBOR has lost...more
10/22/2019
/ ALTA ,
Bankruptcy Code ,
Benchmarks ,
Consumer Bankruptcy ,
Interest Rates ,
Land Preservation ,
Landlords ,
Libor ,
Marijuana ,
Pay if Paid ,
Stormwater Discharge Permits ,
Surety Bonds ,
Tax Credits ,
Tenants ,
Title Insurance
Although Virginia remains ones of the stricter states in the nation when it comes to marijuana use, the General Assembly has shown some movement toward loosening those restrictions. On March 9, 2018, a new law took effect...more
10/8/2019
/ Best Practices ,
Cannabidiol (CBD) oil ,
Cannabis Products ,
Contract Terms ,
Decriminalization of Marijuana ,
Landlords ,
Marijuana ,
Medical Marijuana ,
Proposed Legislation ,
Residential Leases ,
Tenants