Stroock Presents: GOAT Town, Episode 4: Office-to-Residential Conversions in NYC – Magic Bullet or Merely One Piece of the Puzzle?
Business Better Podcast Episode: Affordable Housing in Chinatown, Los Angeles: How To Better Serve Your Community
California CRE to Expand in 2022
How To Be A Project Advocate By Diffusing Adjacent Neighbor Tensions
Homebuilder Series Webinar: Joint Ventures Solutions, Steve Lear
Governor Gavin Newsom issued an executive order Tuesday safeguarding victims of the Los Angeles-area fires from predatory real estate investors. The executive order is designed to protect residents in fire-ravaged zip codes...more
We do not often highlight specific projects on this blog, but with the anniversary of 9/11 approaching, it seemed fitting to recognize two development projects in the area that will support our veterans....more
As detailed in our previous Legal Alert, six conservation groups filed a petition with the California Fish and Game Commission (Commission) on March 5, 2024 to request the implementation of legal protections for five...more
The Department of Housing and Urban Development (HUD) recently announced the 2024 Area Median Income (AMI) and Rent Limits for counties statewide. These numbers are impactful on a number of levels, but are extremely important...more
The Biden administration is launching a multi-agency effort to encourage states and cities to convert more empty office buildings into housing units, with billions of federal dollars available to help spur such transitions....more
Developers in the State of California are well aware of the Subdivision Map Act, the Subdivided Lands Act, and the Davis-Stirling Common Interest Development Act, all of which govern the subdivision and sale of real property...more
As we reported in our prior legal alert, these important new state housing laws will allow for the streamlined approval of qualifying housing development projects on properties where retail, office and/or parking are...more
Summary - The U.S. Department of Housing and Urban Development (HUD) has released a Federal Register notice that provides updated operating cost adjustment factors (OCAFs) for 2023. OCAFs are used to adjust the rent to...more
Summary - Hoping that faster construction methods can be combined with increased subsidies to undertake billions of dollars of desperately needed affordable housing renovations, New York’s Legislature has authorized the...more
Summary - The U.S. House of Representatives passed an omnibus spending package on March 9, 2022, that contains all 12 fiscal year 2022 appropriations bills. Also included is supplemental funding to support Ukraine and...more
CITY HALL - Councilmembers Quiñones-Sánchez and Gauthier Look to Reform Affordable Housing Requirements - New legislation proposed by Councilmembers Maria Quiñones-Sánchez and Jamie Gauthier is taking aim at how the city...more
Signed into law by California Gov. Gavin Newsom on May 20, 2021, and taking immediate effect as an "urgency statute," Senate Bill (SB) 7 revives and expands the previously enacted Environmental Leadership Development Project...more
Biden administration to reinstate fair-housing policies, including one designed to combat residential segregation - MarketWatch – April 13 - The Biden administration commenced efforts to roll back changes to two key...more
State lawmakers passed over 1,200 bills this year, the most in more than a decade according to sources. Governor Brown signed 1,016 into law as of September 30th. Below is a summary of the bills signed into law regulating the...more
A real world example of developing a community without knowledge of or procedures to comply with the Fair Housing Act (FHA) is on display in Maryland right now. A developer started work on a community (with just under 60...more
The U.S. Department of Housing and Urban Development (HUD) recently issued a memo outlining its processing schedule for mixed-finance projects targeted to close by the end of 2016. According to HUD’s Office of Public Housing...more
Two of the most troublesome aspects of selecting project-based voucher proposals have been selection based on previous competition and selection of public housing agency-owned units. Originally published in the...more
On May 23, the U.S. Department of Housing and Urban Development (HUD) announced its adoption of an alternative accessibility standard for construction and alteration of housing and other facilities subject to Section 504 of...more
On May 15th, Ballard Spahr hosted the webinar, “HUD’s RAD Program: Lessons Learned So Far”. The panel included HUD representatives Greg Byrne and Kathie Soroka, Ivy Dench-Carter from Pennrose Properties, a private developer...more
Last week, the U.S. Department of Housing and Urban Development and the U.S. Census Bureau released figures showing that in January 2014, housing starts fell 16 percent to a seasonally adjusted annual rate of 880,000 units....more