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Housing Market Low Income Housing

Ballard Spahr LLP

Innovative Zoning Strategies: Addressing Affordable Housing Shortages

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The American Southwest is experiencing a notable shift in its approach to addressing affordable housing shortages. California, Nevada, and Arizona are exploring and debating various zoning relief measures to incentivize...more

Pullman & Comley - For What It May Be Worth

New Bill Requires Municipalities to Assess Affordable Housing Properties Based on Net Rental Income

The Connecticut General Assembly recently passed a bill requiring municipalities to assess properties used solely for low and moderate-income housing based on the capitalized value of their net rental income....more

Brownstein Hyatt Farber Schreck

Denver City Council Approves Extension to Exemption Deadlines Under EHA

The City of Denver adopted changes to its Expanding Housing Affordability (EHA) ordinances that extend the deadlines to receive final site development plan (SDP) approval in order to qualify for exemption from the EHA...more

Brownstein Hyatt Farber Schreck

Denver’s Affordable Housing Prioritization Policy: What Is It and Where Does It Apply?

Following the City and County of Denver’s (“City”) establishment of the Expanding Housing Affordability Ordinance (“EHA”), the City’s Department of Housing Stability (“HOST”) proposed a new policy focused on challenging...more

Allen Matkins

Sustainable Development and Land Use Update 4.04.24

Allen Matkins on

Two bills proposed to modify the Builder’s Remedy are currently making their way through the State Legislature. As currently proposed, AB 1893 (Wicks) would (i) reduce the required percentage of (lower income) affordable...more

Allen Matkins

Pending State Legislation Would Qualify 10% Projects For the Builder's Remedy and Close Existing Loopholes

Allen Matkins on

Two bills proposed to modify the Builder's Remedy under the Housing Accountability Act (HAA) (Gov. Code § 65589.5(d)(5)) are currently making their way through the State Legislature. Assembly Bill (AB) 1893, proposed by...more

Coblentz Patch Duffy & Bass

What We're Reading, Watching, and Listening To: March 2024

A roundup of news and multimedia from the Unfamiliar Terrain team: San Francisco - San Francisco’s Montgomery Street Could Signal a Downtown Revival (NY Times): Why a seven-block stretch of Montgomery Street, from the...more

Bilzin Sumberg

Live Local Act 2024 Passed by the Florida Legislature

Bilzin Sumberg on

On February 28, 2024, the Florida House of Representatives passed Senate Bill 328 (“SB 328”), previously unanimously approved by the Florida Senate by a vote of 112 to 1. SB 328, regarded as the Live Local Act 2024 (“LLA...more

Lowndes

Live Local Act: Proposed New Language Protects Early Applicants

Lowndes on

The Florida Legislature continues to modify the proposed changes to the Live Local Act (Act) through the latest version of Senate Bill 328 (SB 328), passed on February 7, 2024. For background on the original Act, see “Live...more

Bilzin Sumberg

Live Local Act Glitch Bill

Bilzin Sumberg on

As expected, within days of the opening day of the 2024 Legislative Session came two proposed “clarification glitch” bills containing several proposed amendments to the Live Local Act.  Senate Bill 328, sponsored by Senator...more

Allen Matkins

Sustainable Development and Land Use Update 11.15.23

Allen Matkins on

Los Angeles Mayor Karen Bass last Wednesday announced a new executive order to reduce permitting time for housing by 25-30%, a move that could significantly expand housing production....more

Ballard Spahr LLP

November Multifamily Alert

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As a follow-up to our recent alert, here are some updates on regional and national legislative activity impacting real estate...more

Holland & Knight LLP

California's 2024 Housing Laws: What You Need to Know

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The 2023 California Legislative session, like the last several, saw the enactment of a large number of significant new housing production laws. (See Holland & Knight's previous annual recaps of California Housing Laws in the...more

Brownstein Hyatt Farber Schreck

Missing Middle: Governor Signs Bill to Bolster Middle-Income Housing

On Oct. 11, 2023, Gov. Gavin Newsom signed this year’s slate of housing bills to “incentivize and reduce barriers to housing and support the development of more affordable homes.” Among the 56 bills signed is AB 1287, the...more

ArentFox Schiff

Multifamily – A Real Financing Opportunity?

ArentFox Schiff on

Prior to 2022, multifamily operators acquired properties throughout the United States at record low interest rates, creating a unique buying opportunity for owners and investors....more

Coblentz Patch Duffy & Bass

What We're Reading, Watching, and Listening To: September 2023

A roundup of news and multimedia from the Unfamiliar Terrain team: San Francisco - These three new blocks of housing are among S.F.’s best. They’re for the formerly homeless (S.F. Chronicle): Exploring three recently...more

Coblentz Patch Duffy & Bass

San Francisco’s “Housing Fee Reform Plan” Passes at Board of Supervisors, Awaits Mayor’s Signature

On September 5, the San Francisco Board of Supervisors finally passed on second reading two pieces of legislation, together referred to as the “Housing Fee Reform Plan.” The Plan, previously discussed on July 7, July 21, and...more

Burr & Forman

Live Local Act Makes It Easier to Develop Affordable Housing in FL

Burr & Forman on

Background - On March 29, 2023, Governor Ron DeSantis signed Senate Bill 102, otherwise known as the Live Local Act (“LLA” or “Act”), into law, representing a large investment for housing efforts, one of the largest in...more

Sheppard Mullin Richter & Hampton LLP

Los Angeles Mayor Signs New Legislation Exempting Affordable Housing Projects from Site Plan Review

On July 6, 2023, Los Angeles Mayor Karen Bass signed into law a provision to exempt certain affordable housing projects from the city’s Site Plan Review Process. The exemption was made as an amendment to Site Plan Review...more

Brownstein Hyatt Farber Schreck

Takeaways from the Bisnow Affordable Housing Summit

Last month, leaders from various backgrounds in affordable housing—financiers, developers, architects, lawyers and designers—convened in Los Angeles for Bisnow’s Affordable Housing Summit to share insights and unique...more

Burr & Forman

How You Can Bring Meaningful Affordable Housing Tax Incentives to Your Community

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The moniker “affordable” and “workforce” housing can mean different things to different stakeholders. Most will agree that localities and states have recognized a need to provide reasonably priced homes for our workforce and...more

Coblentz Patch Duffy & Bass

What We're Reading, Watching, and Listening to: April 2023

A roundup of news and multimedia from the Unfamiliar Terrain team: San Francisco - S.F. housing production slows to crawl as state goals loom (San Francisco Chronicle): The Planning Department’s annual housing...more

Lowndes

Live Local Act Provides Affordable Housing Incentives, Bans Rent Control

Lowndes on

On March 29, 2023, Governor Ron DeSantis signed into law Senate Bill 102 (Live Local Act) that becomes effective July 1, 2023. The Live Local Act, among other things, seeks to provide available and affordable housing to the...more

Bilzin Sumberg

Live Local Act: Top 3 Zoning and Land Use Benefits

Bilzin Sumberg on

More Density, More Height and Less Bureaucracy - The Live Local Act (“Live Local” or the “Act”) makes unprecedented changes to zoning law that impact and limit local government power....more

Nelson Mullins Riley & Scarborough LLP

Florida 'Live Local Act' Provides Incentives to Build Affordable and Workforce Housing

On March 29, 2023, Governor Ron DeSantis signed Senate Bill 102, otherwise known as the Live Local Act, into law, representing the largest investment for housing efforts in Florida history. For your convenience we have...more

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