News & Analysis as of

Affordable Housing

Brownstein Hyatt Farber Schreck

CEQA Infill Exemptions and “Near Miss” Streamlining—A Concrete Fix for California’s Housing Crisis?

Note: This is the second update in our series covering AB 130 and SB 131, two bills that work substantive changes to the California Environmental Quality Act (CEQA) and California housing law....more

Morris, Manning & Martin, LLP

The One Big Beautiful Bill: What Every Commercial Real Estate Investor Needs to Know

The commercial real estate landscape is undergoing one of its most significant policy overhauls in years. The recently enacted “One Big Beautiful Bill” brings sweeping changes to tax incentives, financing rules, and...more

Miller Starr Regalia

State Budget Bill Includes Landmark CEQA and Housing Law Changes

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On June 30, 2025, Governor Newsom signed AB 130 and SB 131 into immediately effective law as budget trailer bills, marking a historic effort to accelerate housing production and to reform the CEQA review process that has been...more

Cole Schotz

H.R.1: Some Beautiful, Some Not – Implications for Commercial Real Estate

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H.R. 1 (President Trump’s so-called “One Big Beautiful Bill”) was officially signed into law Friday, July 4, and with it came sweeping changes to the real estate industry. Some of these changes are extensions of Trump’s Tax...more

Polsinelli

Texas HB 21 Reshapes the Requirements and Effects of Chapter 394 of the Texas Local Government Code

Polsinelli on

Texas House Bill 21 (HB 21), signed into law in May, has dramatically shifted affordable housing tax exemptions across the state. Specifically, HB 21’s primary impact is on a housing finance corporation’s area of operation...more

Ballard Spahr LLP

District of Columbia TOPA Reform Alert

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When District of Columbia Council Chairman Phil Mendelson introduced the Rebalancing Expectations for Neighbors, Tenants and Landlords (RENTAL) Act, there were high hopes that much needed reform to the Tenant Opportunity to...more

BakerHostetler

Analysis of Texas House Bill 21 - Property Tax Exemptions for Housing Finance Corporations Owning Affordable Housing

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In its 89th Regular Session, the Texas Legislature enacted House Bill 21 (HB 21), introducing significant reforms to the way housing finance corporations (HFCs) own and operate multifamily affordable housing developments....more

Husch Blackwell LLP

California Real Estate Developers Optimistic About CEQA Reform

Husch Blackwell LLP on

On June 30, 2025, California Governor Gavin Newsom signed into law Assembly Bill 130 (AB 130) and Senate Bill 131 (SB 131), legislation that contains significant changes to the California Environmental Quality Act (CEQA) that...more

Kohrman Jackson & Krantz LLP

Part One: One Big Beautiful Bill Act – Impact on Real Estate Developers & Investors

Signed into law on July 4, 2025, the One Big Beautiful Bill Act (“OBBBA”) delivers sweeping federal policy changes with wide-reaching implications for developers, investors, and property owners. Economic and cost-benefit...more

Best Best & Krieger LLP

AB 130 and SB 131 Include Updates to Major California Housing Laws

On June 30, 2025, two budget trailer bills — Assembly Bill 130 (AB 130) and Senate Bill 131 (SB 131) — were signed by Governor Newsom and went into effect immediately. In addition to significant modifications to the...more

Sheppard Mullin Richter & Hampton LLP

HUD Requests Public Input on Buy Now Pay Later Loans and FHA Mortgage Eligibility

On June 24, the Department of Housing and Urban Development (HUD) issued a Request for Information (RFI) to evaluate how Buy Now Pay Later (BNPL) loans may affect FHA-insured mortgage underwriting. The RFI seeks comment on...more

Williams Mullen

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

Williams Mullen on

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

Gould + Ratner LLP

10 Things a Real Estate Investor Should Know About the Big Beautiful Bill

Gould + Ratner LLP on

On July 4, 2025, the One Big Beautiful Bill Act (OBBBA) was passed into law and introduced many changes to the tax code and federal spending priorities. The OBBBA has wide-ranging implications for the real estate market. Here...more

Brownstein Hyatt Farber Schreck

Major Changes to CEQA and California Housing Law Approved by Gov. Newsom

On June 30, 2025, Gov. Gavin Newsom signed two budget trailer bills—AB 130 and SB 131—that together work major changes both to the California Environmental Quality Act (CEQA) and California housing law. Because these bills...more

DLA Piper

Major pro-housing CEQA reform legislation signed into California law

DLA Piper on

On June 30, 2025, California Governor Gavin Newsom signed into law Assembly Bill 130 (AB 130) and Senate Bill 131 (SB 131), both of which took effect immediately....more

Orrick, Herrington & Sutcliffe LLP

California et al. pen letter against proposed rule to market fair housing

On July 3, the attorney general of California announced his intent to lead a coalition of 21 attorneys general in sending a letter to HUD opposing a proposed rule that would roll back decades-old fair housing regulations...more

Cozen O'Connor

Cozen Cities - July 9, 2025

Cozen O'Connor on

PHILADELPHIA—Waymo to Begin Testing Driverless Cars This Summer -Waymo is launching manual test drives of its autonomous vehicles in Philadelphia to familiarize its technology with the city. While public rides are not yet...more

Sheppard Mullin Richter & Hampton LLP

New CEQA Exemptions in 2025: Streamlining Housing & Infrastructure Development in California

On Monday, June 30, 2025, Governor Gavin Newsom signed into law two bills, AB 130 and SB 131, which provide new exemptions from, and streamlines the process, under the California Environmental Quality Act (CEQA). AB 130...more

Venable LLP

From Red Tape to Green Light: CEQA Reforms Fast-Track Infill Development

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The California Environmental Quality Act (CEQA) has long shaped the state’s development landscape, often entangling projects in lengthy permitting and litigation processes. That landscape has now shifted dramatically. ...more

Clark Hill PLC

CEQA finally brought to its knees by California’s severe housing crisis

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Originally enacted in 1970, the objective of the California Environmental Quality Act (CEQA) was to review projects to assess potential impacts on the environment, disclose those impacts to the public, and mitigate those...more

Best Best & Krieger LLP

California Legislature Enacts Significant Revisions To CEQA

On June 30, 2025, Governor Newsom signed Assembly Bill 130 (AB 130) and Senate Bill 131 (SB 131), two budget trailer bills that significantly modify the California Environmental Quality Act (CEQA), effective immediately. The...more

Tonkon Torp LLP

Oregon Department of State Lands Selects New Director

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The Oregon State Land Board – comprised of the Governor, Secretary of State, and State Treasurer – recently appointed Kaitlin Lovell of Colton, Oregon as the new Director of the Oregon Department of State Lands (DSL). Lovell...more

Davis Wright Tremaine LLP

Seattle Upzoned To Allow "Middle Housing"

Single-family-only zoning has officially ended in the City of Seattle. On May 27, 2025, the Seattle City Council passed CB 120969 to comply with RCW 36.70A.635, which requires adoption of development regulations allowing for...more

Nossaman LLP

CEQA Reform is Here: California Prioritizes Common Sense Development Policies Over Paper-Pushing

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Part one of a three-part series - Governor Gavin Newsom signed two sweeping budget trailer bills, Assembly Bill 130 (AB 130) and Senate Bill 131 (SB 131), into law on June 30, 2025, enacting meaningful changes to the...more

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (7/7)

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State ends fiscal year with record revenue - “Despite uncertainty over the economy and federal funding during the second half of fiscal year 2025, the year closed on June 30 with the state setting a new record for annual...more

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