Latest News
Law Alert – Treasury Announces 2012 New Markets Tax Credit Round
07/18/2012On July 13, 2012, the Community Development Financial Institutions Fund (“CDFI Fund”) announced the opening of the 2012 round for the New Markets Tax Credit (“NMTC”) program. This 2012 round is...
Law Alert – Summary of AB 1484: Redevelopment Dissolution / Unwind Trailer Bill
On June 27, 2012, the Legislature passed and the Governor signed AB 1484, an FY 2012-13 budget trailer bill. AB 1484 makes technical and substantive amendments to ABx1 26, the bill enacted in late...
Partner Amy DeVaudreuil Awarded Doctor of Laws From Alma Mater URI
The University of Rhode Island conferred upon Amy DeVaudreuil an honorary degree of Doctor of Laws at the University’s 126th commencement exercises on Sunday, May 20, 2012. Please read the press...
Tools for Economic Development After Redevelopment
Local government entities have always needed tools for community economic development work, and with the demise of redevelopment agencies and the ongoing employment and public budget shortfalls,...
Housing California 2012 Presentation – Redevelopment: What’s Been Lost, What’s Been Gained?
04/12/2012Goldfarb & Lipman attorneys Josh Mukhopadhyay and Dave Kroot participated in a panel presentation at Housing California 2012 (along with Libby Seifel of Seifel Consulting and Nancy Conk, CEO of...
Law Alert – Documenting Asset/Obligation Transfers of Former RDAs: Exit Memos and Joint MOUs
Goldfarb and Lipman’s January 19, 2012 law alert (“The Final Actions of Redevelopment Agencies and the Set-Up of Successor Agencies,” available at this link, recommended that, by the end of January...
Law Alert – Redevelopment Dissolution: Successor Agency Next Steps for March – May 2012
By now, the successor agency ("Successor Agency") for each former redevelopment agency ("Former RDA") has likely prepared, obtained its governing board's (typically the city council or board of...
Law Alert – FHFA Begins First Phase of REO-To-Rental Program
On Monday February 27th the Federal Housing Finance Agency (FHFA) issued a notice inviting interested parties to submit applications to demonstrate financial capacity, experience, and specific plans...
Law Alert – Treasury Announces 2011 New Markets Tax Credit Awards
On February 23, 2012, the United States Department of Treasury ("Treasury") announced the awardees of New Markets Tax Credits ("NMTC") for the 2011 NMTC round. Seventy community development...
Law Alert – 2012 Annual Legislative Update – New Laws Affecting Real Estate and Community Economic Development
On February 1, 2012, all California redevelopment agencies were dissolved. Goldfarb & Lipman invites you to visit our website for the most up-to-date information related to this historic...
Law Alert – What’s New With The New Markets Tax Credit Program
On February 13, 2012, President Obama introduced his 2013 budget, which proposes to extend the New Markets Tax Credit (“NMTC”) program until December 31, 2013. Under the President’s proposal there...
Law Alert – The New Era: Successor Agencies and Next Steps
On February 1, 2012, every California redevelopment agency was dissolved and its assets and functions transferred to a successor agency and a successor to the redevelopment agency’s housing...
Law Alert – HOME is Being Remodeled – New Requirements For 2012
HUD has published significant proposed regulations for the HOME Investment Partnerships Program (HOME) affecting both rental and homeownership projects. In addition, Congress has added a number of...
Law Alert – The Final Actions of Redevelopment Agencies and the Set-Up Of Successor Agencies
As of February 1, 2012, all California redevelopment agencies will dissolve and their assets and functions will transfer to a successor agency and a successor to the agency’s housing functions. ...
Law Alert – Detailed Analysis of Supreme Court Decision in CRA v. Matosantos and Related Implementation Actions
This analysis summarizes the California Supreme Court’s (the “Court”) decision announced on December 29, 2011, in theCalifornia Redevelopment Association v. Matosantos case (Part A), outlines the...