News & Analysis as of

Housing Developers

Greenbaum, Rowe, Smith & Davis LLP

New Jersey Releases Fourth Round Affordable Housing Calculations; Identifies Present and Future Need for 150,000 New Units...

As required by legislation adopted earlier this year, which formally abolished the Council on Affordable Housing (COAH), the New Jersey Department of Community Affairs (DCA) has released its highly anticipated calculations of...more

Bilzin Sumberg

Leveraging Public Land to House Government Employees

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Leveraging Public Land to House Government Employees - I previously wrote about the use of government-owned land as one potential approach to help address South Florida’s housing affordability crisis. The lack of...more

Clark Hill PLC

Chicago’s So-Called “Anti-Gentrification” Ordinance Has Potential Impacts on Apartment Owners and Lenders on Chicago’s Northwest...

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Chicago enacted the “Northwest Side Housing Preservation Ordinance,” an ordinance that many are referring to as the “anti-gentrification” ordinance. Despite the grandiose moniker, the ordinance breaks down to two specific...more

Bricker Graydon LLP

[Event] Uniting for Action: A Discussion About Collaborative Solutions for Northeast Ohio’s Housing Future - November 1st,...

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Local and state elected officials, community stakeholders, private developers, and employers are grappling with Ohio’s recognized lack of high-quality, workforce-attainable housing options. While Ohio has been successful in...more

K&L Gates LLP

Lay of the Land: Has Washington State Resolved the Condo Liability Problem?

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Major residential condominium construction has seen a decade-plus lull, due in part to an onerous warranty statute applicable only to condos. The Washington State Legislature significantly changed that statute in 2019, and...more

Hogan Lovells

US: City of Yes for Housing Opportunity (October 2024 update)

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We have previously written about proposed changes to zoning regulations in New York City that are intended to spur the production of affordable housing; these changes are officially known as the "City of Yes for Housing...more

Katten Muchin Rosenman LLP

Chicago City Council Authorizes Housing Department Loan Restructurings

On September 19, the Chicago City Council amended the city's municipal code to give the housing commissioner new wide-ranging authority to restructure affordable housing loans and grants. The commissioner is now empowered to:...more

Robinson & Cole LLP

Legal Update: Effective October 1: New Laws Benefit CT Affordable Housing Market

Robinson & Cole LLP on

This past legislative session brought a suite of changes to Connecticut’s laws that benefit the development and rehabilitation of affordable housing throughout the State. Several of these changes, set out in Public Act No....more

Mayer Brown

Legal Developments in Construction Law: September 2024

Mayer Brown on

1. SUPREME COURT PUTS COLLATERAL WARRANTIES IN THEIR THEIR PLACE - Can a collateral warranty be a "construction contract" under the Construction Act, an agreement for the carrying out of construction operations?...more

Best Best & Krieger LLP

AB 2243: Significant Expansion of SB 6 & AB 2011

The Governor has signed Assembly Bill 2243, which makes it easier for developers to build housing and constrains local review of housing proposals. AB 2243 amends certain provisions of both Senate Bill 6, also known as the...more

Venable LLP

Looming Deadline for Developers - File By December 2024 Or Lose Tax Incentives

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There is a new tax incentive program in New York that in essence renews the now-expired 421-a program, but developers must file right away—by December 14, 2024—to gain these benefits....more

Hogan Lovells

Reimagining Real Estate: Repurposing in the U.S.

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We consider how legislative reform, tax incentives, relaxing zoning restrictions and repurposing to mixed use are all being deployed. Affordable housing in the U.S. - how do we solve the problem? In the United States,...more

Rosenberg Martin Greenberg LLP

The Renters’ Rights and Stabilization Act of 2024: Key Changes and Implications for Maryland Landlords and Developers

On April 25, 2024, Governor Wes Moore signed into law House Bill 693, known as the Renters’ Rights Stabilization Act of 2024, to protect Maryland renters who are experiencing housing instability. While the Act aims to...more

Nelson Mullins Riley & Scarborough LLP

Housing Shortage Presents Opportunity for Residential Developers in West Virginia

With the influx of business investment into West Virginia, there is both excitement and a recognized need for housing to meet current and future demand. A renewed focus on economic development by the state of West Virginia...more

Brownstein Hyatt Farber Schreck

Another Year, Another Full Slate of Housing Bills in California

On Thursday, Sept. 19, Gov. Newsom signed a package of housing bills designed to address the housing crisis affecting California. Below is a brief summary of key bills....more

Tonkon Torp LLP

Portland Multifamily Construction Continues to Slump

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From the campaign trail to the kitchen table, it’s hard to avoid the fact that Oregon has a housing shortage. That crunch is perhaps most severe when it comes to the construction of affordable, multifamily units. Across the...more

Allen Matkins

“Builder's Remedy" Reform Bill Approved by Governor Newsom

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On September 19, 2024, Governor Gavin Newsom approved Assembly Bill (AB) 1893 (Wicks), which significantly modifies the “Builder’s Remedy” under the Housing Accountability Act (Government Code section 65589.5 et seq.) (HAA),...more

Allen Matkins

Governor Newsom Approves Key Housing Bill: AB 2243

Allen Matkins on

On September 19, 2024, Governor Gavin Newsom approved Assembly Bill (AB) 2243 (Wicks), which amends AB 2011 (Affordable Housing and High Road Jobs Act of 2022), effective January 1, 2025. As explained in our prior legal...more

Bricker Graydon LLP

[Event] Uniting for Action: A Discussion on Collaborating Solutions for Central Ohio’s Housing Future - October 18th,...

Bricker Graydon LLP on

Local and state elected officials, community stakeholders, private developers, and employers are grappling with Ohio’s recognized lack of high-quality, workforce-attainable housing options. While Ohio has been successful in...more

ASKramer Law

Energy Tax Credits for a New World Part VII: Low-Income Communities Bonus Credits

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What is the Low-Income Communities Bonus Credit? The Low-Income Communities Bonus Credit available through the Inflation Reduction Act of 2022 (IRA) is designed to increase the siting of, and access to renewable energy...more

Bennett Jones LLP

B.C. Court of Appeal Decides Strata Corporations Lack Standing to Bring REDMA Claims Against Developers

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Whether a strata corporation has the standing to bring representative Real Estate Development Marketing Act, SBC 2004, c 41 (REDMA) claims on behalf of owners has been a long-standing issue in strata property law. The B.C....more

Holland & Knight LLP

California Legislature Passes Major Reforms for "Builder's Remedy" Projects

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California law requires cities and counties to regularly plan for new housing development and to prepare and adopt housing elements that formalize these plans. For those cities and counties that fail to adopt housing elements...more

Cozen O'Connor

Cozen Cities - September 11, 2024

Cozen O'Connor on

CHICAGO — CTA Launches AI Surveillance to Stop Gun Violence at Transit Stations- The Chicago Transit Authority (CTA) recently rolled out an artificial intelligence (AI) surveillance tool to detect guns at stations, a move...more

Allen Matkins

Sustainable Development and Land Use Update

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Elk Grove has settled a lawsuit with the state over a 67-unit supportive housing project the city denied, despite the fact that the city had recently approved a similar market-rate project. The lawsuit filed by Attorney...more

Robinson+Cole Construction Law Zone

Massachusetts Affordable Homes Act Provides New Opportunities for Owners, Developers, and Contractors

On August 6, 2024, Massachusetts Governor Maura Healey signed the Affordable Homes Act (the Act) into law. The Act aims to counter the rising cost of housing in the commonwealth by implementing new policies and providing...more

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