Last Tuesday, New York City Council held a hearing for the nomination of Randy Mastro to Corporation Counsel. Mayor Adams nominated Mastro to the position, and he must be confirmed by the Council in order to serve as the...more
On Tuesday, August 6th, Governor Healey signed into law House Bill 4977, “An Act relative to the Affordable Homes Act.” The 181-page Bill provides for $5.1 billion in capital funding to support housing production and...more
Mayor Eric Adams has nominated Randy Mastro as Corporation Counsel, the Administration’s top lawyer who presides over the Law Department. Adams’ previous Corporation Counsel, Sylvia Hinds-Radix, departed in May. Mastro is a...more
City Council Passes FY25 Budget, Nonprofit Contracting Bill- During its last regular meeting before summer recess, City Council unanimously passed the FY25 City Budget. Council also approved a bill requiring competitive...more
On March 29, 2023, Governor Ron DeSantis signed Senate Bill 102 (the Act), otherwise known as the Live Local Act, into law. The Act becomes effective on July 1. This broad-ranging legislation is intended to incentivize the...more
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
CHICAGO — Chicago Biotech Startup Unveils AI to Speed Up Breakthrough Drugs- In the wake of Evozyne's hiring of a seasoned tech-company executive as CEO, the Chicago-based biotech company announced it has developed an AI...more
Since January 2021, multiple proposals were introduced in the New York State legislature to permit underutilized hotel and/or office buildings, many of which have become financially distressed due to the COVID-19 pandemic, to...more
As New York City prepares to elect its new mayor, we are turning our attention to the top Democratic candidates and their positions on how to address affordable housing. While all of the candidates agree that affordable...more
Last week, Mayor Kenney formally introduced his budget to City Council. His proposed budget includes: Public Strategies provides more detailed analysis of the budget proposal here. ...more
On March 1, 2021, the Virginia General Assembly approved legislation creating the Virginia Opportunity Tax Credit Program (Program), a new state low-income housing tax credit (LIHTC) that contributes an amount to a qualified...more
Indisputably, 2019 was an important year for housing in California. As we noted in our prior blog post, Governor Newsom signed legislation creating statewide rent control, preventing discrimination against people paying rent...more
The General Assembly took the week off, but there was no shortage of news in the state capital during this week that began with a national holiday and ended with a hurricane. A major decision on redistricting will likely...more
Housing and Land Use and Environmental Laws Saw Changes in 2019 - The California Legislature passed a number of laws last year that will have a significant impact on how public agencies — including cities and counties,...more
Ever since the demise of redevelopment agencies in 2012, there have been a variety of legislative efforts to revive, incrementally or in whole, some form of redevelopment in California....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
Fall is officially here. It’s time to start thinking about mid-term elections and how to vote on various California ballot measures November 6, 2018. Since many of these may become law and affect both our business and...more
Assemblyman David Chiu has unveiled his long-promised legislation to establish a modified version of the state’s former redevelopment program, aimed at creating major state funding for affordable housing, transit, and other...more
The Maryland Affordable Housing Coalition (MAHC) held its annual Housing Day in Annapolis today. The event brings together over 200 affordable rental housing advocates to inform legislators of the value of affordable...more
California Assembly Bill 1598 (Mullin) (“AB 1598”), signed into law by the Governor on October 13, 2017, authorizes cities and counties to create new affordable housing authorities for the purpose of financing low- and...more
Governor Brown has signed 15 bills designed to address the State’s severe shortage of affordable housing. Among its other effects, the legislation will (1) generate funds for affordable housing developments; (2) require...more
On the final day of the legislative session, California’s legislature approved 15 separate housing bills, taking a big step toward addressing California’s ongoing housing crisis. The collection of bills comes after months of...more
Under the Dome: Inside the Maine State House provides a high-level overview of recent activity at the Maine State House. Maine State Legislature Considers Supplemental Budget - The Maine State Legislature held late...more
Recently, a bipartisan group of Pennsylvania State Senators sponsored a bill to expand the Pennsylvania Housing Affordability and Rehabilitation Enhancement Fund, commonly known as the State Housing Trust Fund. If passed,...more