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Hurdles to Development in San Francisco ( October 2004 )
What a difference a year makes. The reclassification of dot-coms from "business service" to office use, combined with the economic downturn affecting the Bay Area, has had a huge impact on commercial space in San Francisco. Hundreds of thousands of square feet previously classified as 'business service" by the Planning Department now lay vacant because there are few, if any, dot-coms to occupy space, and only a limited number of other types of "business service" users willing and/or able to do so. -
SB 975: Is it Bad News for California Real Estate Development? ( October 2004 )
The implications of this new law are significant because paying prevailing wages is likely to increase the average cost of a development project. This article discusses the prevailing wage law both before and after SB 975, and analyzes possible exemptions both within and outside of the statute. It also surveys current legislative and constituent responses to SB 975 and presents potential strategies for coping with the new law, from a Developer's perspective. -
FFY 2004 Section 8 Notice Promises Funding Shortfalls,Leading to Slashed Rents and Possible Evictions ( April 2004 )
On April 22, 2004, HUD's Office of Public and Indian Housing released new Section 8 voucher funding rules in Notice PIH 2004-7. The Notice has sparked alarm and controversy in the Section 8 community and the situation seems to be changing on an almost daily basis. This article identifies some of the most significant provisions of the Notice and identifies steps that national housing groups, public housing authorities, owners, and others are taking to clarify the Notice and change its most draconian provisions. -
HUD Issues New Proposed Regulations forElectronic 2530 Filing ( April 2004 )
On April 19, 2004, HUD issued proposed regulations for the conversion of the 2530 process to electronic submissions. This rule, once implemented, would require participants in HUD-insured mortgage programs, Section 8 programs, and other programs to file 2530s electronically and to disclose participants on all levels of their organizational structure (beyond the three tiers currently required). -
Baby boomers want more from senior housing ( September 2003 )
The 77 million baby boomers born between 1946 and 1964 will double the demand for senior housing over the next 20 years. This fact has fueled rapid growth in the industry over the last four to five years. -
HUD Issues 202 Mixed-finance Rule ( December 2003 )
On December 1, 2003, HUD issued an Interim Rule on mixed-finance development for the section 202 Supportive Housing for the Elderly program and the section 811 program for Persons with Disabilities with an effective date of December 31, 2003 and with comments due on January 30, 2004. The Interim Rule implements changes made by Congress in the American Homeownership and Economic Opportunity Act of 2000 to the section 202 elderly housing program and the section 811 program for persons with disabilities. The changes provide for the participation of for-profit entities in these programs, and the use of mixed-finance development, including low-income housing tax credits. -
Pillsbury Winthrop on Affordable Housing 2003 Issue ( August 2003 )
The Affordable Housing Newsletter, featuring: Federal and State Politicians Inadvertently Squeeze Affordable Housing by Gary P. Downs As Federal and State Subsidies to Older Projects Expire, Developers and Public Entities Focus on Affordable Housing Preservation by Gary P. Downs and Jason A. Hobson No End in Sight to Toxic Mold Uncertainty by John S. Poulos and Pual R. Schrecongost New Markets Tax Credit Update by Jason A. Hobson The Hidden Costs of Preprinted Form Purchase Agreements by Monique L.C. Wright and Rachel B. Horsch New Revisions of California Prevailing Wage Law Create Further Uncertainty by Matthew Africa Age Restrictions on Senior Housing in California by Michael Ouimette CDLAC Adjusts 2003 Allocation Process for Qulified Residential Rental Projects by Tuan A. Pham -
California's Budget Solution: An Affordable Housing Problem? ( August 2003 )
It has been said that as California goes, so goes the nation. Unfortunately, this seems to be holding true for the fiscal affairs of many states throughout the country. Like California, many states are facing unprecedented budget deficits. The numbers are staggering and, not unexpectedly, so too are the solutions being proposed to overcome the crises. With radical proposals come devastating unintended consequences. -
Got Water ( August 2003 )
Early California settlers knew that a stable water supply was one of the most important components of any new settlement. They also found that water was often a scarce commodity in the West. Battles over available water resources were not uncommon among competing users, and, as a result, water law in California is one of the most detailed and complex bodies of jurisprudence in the United States. Recent legislation marks the beginning of yet another chapter of water law in California. The new legislation reflects the historical tension between two competing forces: the need for new housing as California's population grows, and the scarcity of adequate water supplies in many of the places where new communities are springing up (no pun intended). -
Building in Affordability ( May 2003 )
In the age of megacities and sprawling suburban regions, the model advanced by the smart growth trend promotes the building of master-planned communities that bring people together around access to basic needs, such as education, safety, and municipal services. These communities are built on the philosophy of conserving resources in a manner that is sustainable both for current populations as well as for generations to come.
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