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ROAD wins House nod, carving BTR out from institutional investor ban
House passed the ROAD to Housing Act 396-13, removing a 7-year BTR selloff rule while keeping a 350-home investor ban with carve-outs.
Maryland overrides municipal zoning on transit development
Maryland’s legislative and executive branches are about to tell cities and counties what they can – and cannot – do with parcels of land sitting next to their rail stations. Gov. Wes Moore is expected to sign the Maryland Transit and Housing Opportunity Act, a bill that overrides local zoning rules near rail transit. It […]
Fault lines surface as projects tap California’s CEQA exemption law
Last July, California Gov. Gavin Newsom signed a landmark law shielding apartment and residential projects from lengthy environmental review processes to boost the state’s housing supply and improve affordability. It’s working – but not without a fight. Developers wasted no time seizing the opportunity. A growing list of housing developments are securing exemptions from reviews […]
Missouri housing incentives bill hits Gov. Kehoe’s desk for sign-off
Missouri lawmakers have passed legislation to spur housing development statewide – from downtown commercial corridors to rural communities – by establishing a new class of development zones, offering tax incentives to convert vacant buildings into housing and directing new revenue to underserved areas. The bill cleared its final hurdle on Wednesday and now awaits Gov. […]
Chattanooga creates unit-level PILOT for mixed-income apartments
For more than two decades, Chattanooga has used payment-in-lieu-of-taxes agreements to reshape its downtown. But the tax-break tool that evvel helped fill the Tennessee River city with market-rate apartments has been retooled for a different purpose: mixing affordable and market-rate units. City officials say seven of every 10 renters are either rent-burdened or severely rent-burdened. […]
With a permit shot clock, Georgia builders gain leverage
Georgia home builders are set to see faster, more predictable permitting timelines after Gov. Brian Kemp signed legislation into law this week, marking one of the state’s most significant efforts to shred regulatory barriers that choke housing supply. The measure, effective July 1, imposes firm deadlines on local governments reviewing residential development permits and creates […]
