Developing Affordable Housing Ecosystems World Wide
Three weeks ago, by an astonishingly wide margin (60% for, 40% against), Oregon voters enacted a referendum Measure 37 that will upset dramatically the economic dynamics of land regulation in the state of Oregon – and potentially throughout the US. As the New York Times reports it,
property owners who can [...]
Last week, Governor Schwarzenegger signed into law AB 2846 , which specifically excludes the economic value of Low Income Housing Tax Credits when valuing property for ad valorem real estate tax assessment. The statute’s key language couldn’t be plainer:
SECTION 1. Section 402.95 is added to the Revenue [...]
The Boston Globe reports, in tones almost sympathetic, that:
A prominent Boston-based real estate company has agreed to test for and remove any hazardous lead paint from nearly 10,400 apartments nationwide, including more than 7,000 in Massachusetts, under a consent agreement that federal and state officials plan to announce today.
All this arises from a series of [...]
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