News & Analysis as of

Community Development

New Opportunity: Make Sure Your Communities Are Included

by Butler Snow LLP on

The 2017 Tax Cuts and Jobs Act, enacted December 22, 2017, offers a new tax incentive for the benefit of low-income communities with the creation of qualified opportunity zones. It is anticipated that the qualified...more

Advocating for increased funding for affordable housing – MAHC’s 2018 Housing Day

by Ballard Spahr LLP on

The Maryland Affordable Housing Coalition (MAHC) held its annual Housing Day in Annapolis today.   The event brings together over 200 affordable rental housing advocates to inform legislators of the value of affordable...more

Nomination Portal for Opportunity Zone Designations Now Open

by Butler Snow LLP on

The Tax Cuts and Jobs Act of 2017 established Opportunity Zones as a new tool for community development which provides tax incentives to help unlock investor capital to fund businesses in underserved communities. Pursuant to...more

A Primer on the New Federal Qualified Opportunity Zone Provisions*

by Butler Snow LLP on

For many years, the Internal Revenue Code has provided various incentives aimed at encouraging economic development and investments in low-income and/or distressed communities by providing certain tax benefits to businesses...more

Trump Administration Releases FY 2019 Budget Proposing 18.3% Reduction in HUD Funding

by Ballard Spahr LLP on

This week, the Trump administration released its proposed budget for the 2019 fiscal year. Overall, the budget proposes an $8.8 billion (18.3%) reduction in the HUD budget from the 2017 enacted level, a more drastic cut than...more

Opportunity Zones: Tax Reform’s New Economic Development Tool

by Balch & Bingham LLP on

The Tax Cuts and Jobs Act (Pub. L. 115-97, referred to herein as the “Act”) provides new incentives for investing in certain low-income communities called “Opportunity Zones.” This briefing provides an overview of the new...more

States Must Act Now on Opportunity Zone Tax Incentives That Target Low-Income Communities

by Ballard Spahr LLP on

The IRS and the Community Development Financial Institutions Fund (CDFI Fund) simultaneously released guidance last week on the procedure for designating population census tracts as Qualified Opportunity Zones (QOZ)....more

No blues for the Blues on rights to light

by Hogan Lovells on

There was much fanfare when Chelsea Football Club secured planning permission for redevelopment of Stamford Bridge last year. However, one family’s fight against the new stadium’s impact on its right to light had the...more

A New Maryland Ruling on Development Rights and Responsibility Agreements- Score Another Round for the Developer

by Miles & Stockbridge P.C. on

The Maryland Court of Appeals recently heard and decided a case involving Development Rights and Responsibility Agreements. In my first blog post on this topic, “Development Rights and Responsibility Agreements: The Give and...more

Tax Reform Actualized and the Impact on Affordable Housing and Community Development

by Ballard Spahr LLP on

As we know, the President has signed what was originally titled Tax Cuts and Jobs Act, the most significant overhaul to the U.S. Tax Code since 1986. The President signed the Act into law after the first of the year in order...more

Year-End CEQA Legislative And Regulatory Roundup – December 2017

by Miller Starr Regalia on

As another year draws near its close, a number of notable recent CEQA developments in both the legislative and regulatory arenas have occurred that bear mention. SB 35 (Wiener), perhaps the “poster child” of the numerous...more

Proposed Changes to HVCRE Open for Comment

by Dechert LLP on

At long last (at least for those of us who have been checking the Federal Register daily), the proposed HVADC rule has been published in the Federal Register and is open for comment...more

Yakety Yak – Talk Back: Regulators Respond to HVCRE Complaints

by Dechert LLP on

On September 27, 2017, the Federal Reserve, FDIC and OCC released a Notice of Proposed Rulemaking (NPR) that they describe as simplifying compliance with certain aspects of the agencies’ risk based capital (RBC) rules to,...more

The OIG issues dozens of new audit reports

by Ballard Spahr LLP on

Just in time for the end of the federal fiscal year (September 30), the HUD Office of Inspector General (OIG) issued a flurry of internal and external audit reports over the last few weeks on a wide variety of topics....more

Fairfax County Accepting Site-Specific Plan Amendment Proposals for North County Properties

by McGuireWoods LLP on

Fairfax County recently announced it will accept site-specific Comprehensive Plan Amendments for the northern portion of the County. The deadline for such nominations is Dec. 5, 2017. This opportunity applies to property...more

Banking Agencies Address Disaster Relief for Hurricane Harvey Victims

by Ballard Spahr LLP on

Several federal agencies have issued reminders and requirements related to banking and credit services for borrowers affected by Hurricane Harvey.  We previously reported on mortgage-related guidance issued by Fannie Mae,...more

MassDevelopment’s “Commonwealth Places” Program Contributes to Successful Project in Downtown Ashland

by Bowditch & Dewey on

Last month, a new public space named “The Corner Spot” opened in downtown Ashland, Massachusetts, to considerable fanfare. Lauded as a “downtown destination“, the Corner Spot is essentially a community gathering space that...more

A Shadow Cast Over Boston’s Building Boom

There has been a law on the books in Massachusetts since 1990 restricting the construction of tall buildings that would cast what some might view as unsightly shadows over the Boston Common and Public Garden. With no open...more

Philadelphia Reorganizes Development-Related Agencies

by Fox Rothschild LLP on

Effective July 1, 2017, the City of Philadelphia established a single Department of Planning and Development. The Department will have three divisions. The Division of Planning and Zoning will include the Art Commission,...more

The Battle for LA: The Dueling Priorities of Density and Neighborhood Preservation

As Los Angeles continues to struggle with lagging development pace as compared to the national pace of housing creation, communities across the city grapple with the potential implications of permitting increased density. The...more

U.S. Supreme Court Declines to Review a Legal Challenge to Mello-Roos Special Taxes - Funding Mechanism for “Additional Services”...

by Best Best & Krieger LLP on

The U.S. Supreme Court this week declined to hear a development association’s petition for review of a California Court of Appeal’s decision that the Mello-Roos Act of 1972 allows the City of San Ramon to levy a special tax...more

Top Ten Takeaways From Combatting NIMBYism Breakfast Briefing - Understanding and Combatting Objections to Real Estate...

by Foley & Lardner LLP on

On April 25th, Foley hosted a Land Use Connection Breakfast Briefing on Combatting NIMBYism. Donna Pugh, Land Use Real Estate Partner, served as the moderator for the event. We had three featured presenters as well: Doug...more

Local Government in the Crosshairs

by Best Best & Krieger LLP on

While Washington’s promise of a trillion dollar infrastructure program is providing a distraction, a closer examination reveals localities and local infrastructure are under attack across the board. The assault on local...more

Housebuilding and planning news round-up, Spring 2017

by Dentons on

In the midst of a housing crisis, it is no surprise that housebuilding initiatives continue to dominate the UK headlines. The government's recent housing White Paper, with its array of proposals ranging from simplifying the...more

Appellate Group News: 2016 Year In Review

by Murtha Cullina on

The Appellate Practice Group of Murtha Cullina is regularly trusted to handle appeals by trial counsel within and outside the firm, as well as individuals and institutional clients. We are grateful for these opportunities and...more

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