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Community Development Economic Development Municipalities

Farrell Fritz, P.C.

From Vacancy to Vibrancy: Empire State Development’s Vision for Long Island Housing

Farrell Fritz, P.C. on

On March 27, 2025, Empire State Development, New York State’s chief economic development agency, announced the launch of the Long Island Forward Housing Program (LIFHP), a $10 million initiative designed to promote and...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

Best Best & Krieger LLP

Surplus Land Act Requirements Expand for Local Agencies

Best Best & Krieger LLP on

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

McDermott Will & Emery

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

McDermott Will & Emery on

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

Pullman & Comley, LLC on

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

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