A recent decision by the New York Supreme Court Appellate Division - Second Department has cleared the way for industrial development agencies (IDAs) to provide financial assistance to affordable senior housing projects....more
The Pennsylvania Office of the Budget is now accepting applications for the state’s Redevelopment Assistance Capital Program (RACP), with a rapidly approaching deadline of September 23, 2025 at 11:59 PM. Those with eligible...more
Amidst the holidays and end-of-year scramble, New York State Governor Kathy Hochul vetoed legislation that would have required Industrial Development Agencies to have school district and labor union representatives on their...more
New York Gov. Kathy Hochul recently approved legislation requiring industrial development agencies (IDAs) to consider the extent to which a project provides onsite child care facilities as a criteria in their Uniform Tax...more
Partners Niall Esler and Shane Martin, along with senior associate Conor Daly and trainee solicitor Coleen Wegmann, have authored the Ireland chapter for Global Legal Insights Fintech 2023. They provide an up-to-date summary...more
New York Governor Kathy Hochul recently signed three bills into law that impact administration and operation of New York’s industrial development agencies and authorities (“IDAs”). The new laws are intended to, and will,...more
This article continues our series of content on Blue Sky laws. With subtle but important differences in each state, and sharply divided opinions on interpretation, the nuances of blue sky laws are as varied and unique as...more
Businesses grappling with the economic impact of the ongoing COVID-19 crisis have the opportunity to apply for financial assistance through a variety of Federal, State and Local programs. ...more
This month, the Authorities Budget Office issued regulations to increase the accountability, and to improve the efficiency and transparency, of the operations of Industrial Development Agencies (“IDAs”) within New York state....more