Jul 23, 2014
On July 18, 2014, the Governor signed AB 1963, urgency legislation which immediately repeals the requirement for the State Controller’s audits of successor agency transfers made after June 30, 2012. Click here to read more.
Jun 9, 2014
On June 5, 2014, the United States Department of Treasury announced the awardees of New Markets Tax Credits for the 2013 NMTC round. The Treasury awarded a total $3.5 billion of NMTC to eighty-seven community development entities this round. Click here to read...
Jun 3, 2014
On May 28, 2014 the California State Senate approved SB 1129 (Steinberg) on a 27-8 vote. SB 1129 was drafted to address policy challenges and frustrations and is aimed at improving the redevelopment dissolution. Click here to read more.
Feb 20, 2014
AB 471, urgency legislation which took immediate effect upon signature by the Governor on February 18, 2014, provides some housing successors with temporary financial support, provides guidance for the preparation of Recognized Obligation Payment Schedules (ROPSs) and...
Feb 19, 2014
The 2014 Goldfarb & Lipman Annual Legislative Update provides a summary of recently enacted legislation that will impact areas of concern to our clients, including: real estate transactions, affordable housing, land use, municipal law, community economic...
Oct 23, 2013
In Sterling Park, L.P. v. City of Palo Alto (“Sterling Park”), the California Supreme Court held on October 17, 2013 that local affordable housing requirements are “other exactions” that may be challenged using the protest provisions of the...