News & Analysis as of

Multi-Family Development Housing Developers

Cole Schotz

Navigating the NYS 2024/2025 Executive Budget and Its Impact on NYC Multifamily Housing (Part 4 of 4)

Cole Schotz on

New York recently adopted the Affordable Neighborhoods for New Yorkers (ANNY) Tax Incentive and the Affordable Housing from Commercial Conversions (AHCC) Tax Incentive programs, as well as a host of other new and modified...more

Cole Schotz

Navigating the NYS 2024/2025 Executive Budget and Its Impact on NYC Multifamily Housing (Part 3 of 4)

Cole Schotz on

New York recently adopted the Affordable Neighborhoods for New Yorkers (ANNY) Tax Incentive and the Affordable Housing from Commercial Conversions (AHCC) Tax Incentive programs, as well as a host of other new and modified...more

Cole Schotz

Navigating the NYS 2024/2025 Executive Budget and Its Impact on NYC Multifamily Housing (Part 1 of 4)

Cole Schotz on

New York recently adopted the Affordable Neighborhoods for New Yorkers (ANNY) Tax Incentive and the Affordable Housing from Commercial Conversions (AHCC) Tax Incentive programs, as well as a host of other new and modified...more

Verrill

Massachusetts’ Mandated Multi-Family Zoning Moves Forward, But Some Towns Resist

Verrill on

Town Meetings across Massachusetts are voting on zoning bylaws that would encourage multi-family housing. According to Section 3A of the Zoning Act, passed in 2021, 177 cities and towns near MBTA transit must ensure that...more

Holland & Knight LLP

Changes to New York's Housing Laws: What You Need to Know

Holland & Knight LLP on

New York state has enacted changes in the housing laws that will have a significant impact on the development and operation of multifamily housing in New York City and the state, and will also ameliorate the effects of...more

Allen Matkins

Sustainable Development and Land Use Update 4.18.24

Allen Matkins on

On April 12, 2024, the Supreme Court of the United States issued its much-anticipated ruling in Sheetz v. County of El Dorado. The case concerned the legality of a local jurisdiction’s imposition of a traffic impact...more

Holland & Knight LLP

Florida Legislature Amends Live Local Act's Land Use Provisions

Holland & Knight LLP on

The Florida Legislature on Feb. 28, 2024, passed Senate Bill 328, which amends the Live Local Act (Amended Act). It becomes effective upon becoming law (except as otherwise provided). While most of the 2023 Live Local Act...more

Bowditch & Dewey

What Does the Town of Milton’s Noncompliance Mean for Future Compliance with MBTA Communities Law?

Bowditch & Dewey on

On October 21, 2022, the Commonwealth of Massachusetts Executive Office of Housing and Economic Development (“EOHED”) issued final guidelines to the Commonwealth’s 177 MBTA communities for compliance with M.G.L. c. 40A, § 3A...more

Goulston & Storrs PC

Will apartments solve housing scarcity?

Goulston & Storrs PC on

Governor Maura Healey has called out housing as Massachusetts’ biggest challenge—both increasing the pace of production and lowering the cost of living. Given projections that the Commonwealth will absorb 610,000 new...more

Holland & Knight LLP

Florida's Live Local Act Tax Exemption Deadline Looms

Holland & Knight LLP on

Florida's 2023 Live Local Act provides significant land use, zoning and tax benefits. (See Holland & Knight's previous alerts, "Florida's New Live Local Act Offers Land Use and Tax Benefits," Aug. 8, 2023, and "Florida's Live...more

Procopio, Cory, Hargreaves & Savitch LLP

San Diego City Council Takes Action to Support Housing Development

In response to San Diego’s current housing shortfall and related socio-economic conditions, the City Council has approved several changes to the city’s existing Complete Communities infill development initiative. These...more

Bowditch & Dewey

MBTA Communities Must Submit a Request for a Determination to EOHLC for District Compliance

Bowditch & Dewey on

On October 21, 2022, the Commonwealth of Massachusetts Executive Office of Housing and Economic Development (“EOHED”) issued final guidelines to the Commonwealth’s 175 MBTA communities for compliance with M.G.L. c. 40A, § 3A...more

Holland & Knight LLP

Florida's Live Local Act and Important Tax Exemption Deadlines

Holland & Knight LLP on

Florida Senate Bill 102, commonly referred to as the Live Local Act (the Act), provides that certain developments will be eligible for a 75 percent or 100 percent ad valorem tax exemption (also known as the "Missing Middle"...more

Nossaman LLP

California Releases Annual Report of Localities Subject to SB 35’s Housing Streamlining Provisions

Nossaman LLP on

During the summer of 2023, the California Department of Housing and Community Development (HCD) released its updated Statewide Determination Summary for Senate Bill (SB) 35. In its report, HCD determined only 7% of California...more

Nossaman LLP

Housing Bill to Allow Multifamily Development on Commercially-Zoned Sites Now in Effect

Nossaman LLP on

On July 1, 2023, Senate Bill (SB) 6 (Caballero) – also known as the Middle Class Housing Act of 2022 – went into effect. Under the bill, if a project site is currently zoned for commercial retail or parking use, a developer...more

Ballard Spahr LLP

National Housing Conference 2023 – 5 Takeaways

Ballard Spahr LLP on

We were thrilled to be back—live and in-person—for Ballard Spahr’s 18th annual National Housing Conference last month. Not surprisingly, overcoming challenges in development and preservation of multifamily housing emerged as...more

Coblentz Patch Duffy & Bass

City of Lafayette, Represented by Coblentz Patch Duffy & Bass, Prevails in Litigation Clarifying Relationship Between Housing...

In a decision partially published on November 30, 2022, Save Lafayette v. City of Lafayette, the First Appellate District Court of Appeal upheld the City of Lafayette’s approval of the Terraces of Lafayette (the “Project”), a...more

Allen Matkins

What California CRE Market Sectors Should Anticipate in 2023 and Beyond

Allen Matkins on

The Winter 2023 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey revealed some interesting trends in California CRE markets. Most notably, some of the optimism expressed in recent surveys has...more

Sheppard Mullin Richter & Hampton LLP

Multifamily Building Owners: Are you Prepared to Meet Balcony Inspection Requirements by the January 1, 2025 Deadline?

In response to the tragic balcony collapse that killed seven students in Berkeley in 2015, Governor Jerry Brown approved Senate Bill No. 721 on September 17, 2018. The bill, commonly referred to as the “Balcony Inspection...more

Weintraub Tobin

New California Legislation Impacting Commercial Real Estate in 2023

Weintraub Tobin on

With the turn of the year comes ill-fated resolutions, needed but annoying rain, and a slew of new legislative enactments coming into effect. While commercial real estate is not typically a hotbed for legislative activity,...more

Bowditch & Dewey

Critical Deadline for Action Plans Approaches for Certain MBTA Communities

Bowditch & Dewey on

On October 21, 2022, the Commonwealth of Massachusetts Executive Office of Housing and Economic Development (“EOHED”) issued final guidelines to the Commonwealth’s 175 MBTA communities for compliance with M.G.L. c. 40A, § 3A...more

Ballard Spahr LLP

Significant Increases to 2023 Operating Cost Adjustment Factors

Ballard Spahr LLP on

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

Bowditch & Dewey

Inclusionary Zoning Ordinance Aims to Improve Affordable Housing in Worcester

Bowditch & Dewey on

The City of Worcester has proposed an Inclusionary Zoning Ordinance (the “IZ Ordinance”) aimed at improving the affordability of housing units within the city without stifling the level of housing production. The Worcester...more

Holland & Knight LLP

California Legislature Creates Pathways for Residential Development on Commercially Zoned Land

Holland & Knight LLP on

The California Legislature passed Assembly Bill (AB) 2011 (Wicks), the Affordable Housing and High Road Jobs Act of 2022, and Senate Bill (SB) 6 (Caballero), the Middle Class Housing Act of 2022, on Aug. 29, 2022. Both pieces...more

Holland & Knight LLP

Anti-Housing CEQA Lawsuits Filed in 2020 Challenge Nearly 50% of California’s Annual Housing Production

Holland & Knight LLP on

Holland & Knight Partner Jennifer L. Hernandez, leader of the firm's West Coast Land Use and Environmental Group, recently authored an industry report for the Center for Jobs & The Economy, whose mission is to identify and...more

47 Results
 / 
View per page
Page: of 2

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide