Publications
LAW ALERT – Hold Harmless Policies – Help or Hindrance?
HUD, the IRS and HCD have all adopted (and sometimes abandoned) "hold harmless" policies that are meant to insulate owners and lenders from lowering rents due to HUD’s calculations that median...
Xochitl Carrion Featured in Spring 2013 UC Hastings Alumni Magazine
Xochitl Carrion, Associate, is featured in the Spring 2013 UC Hastings Alumni Magazine. Read Xochitl’s inspiring story here: ...
LAW ALERT – BOE CLARIFIES ITS POSITION ON PILOT AGREEMENTS ENTERED INTO BY LOW INCOME HOUSING DEVELOPERS
The State Board of Equalization (the “BOE”) issued a memo on March 20, 2013 (the “BOE Memo”) which clarifies its position on eligibility for the "welfare" property tax exemption when low income...
Ethical Considerations in Joint Representation, by Dianne Jackson McLean, Partner
Ethical Considerations in Joint Representation, by Dianne Jackson McLean, Partner
A New Era for Housing Elements? By Barbara Kautz, Partner, and Pete Parkinson
A New Era for Housing Elements? by Barbara Kautz, Partner, and Pete Parkinson
LAW ALERT – 2013 Annual Legislative Update
In 2013, various laws unrelated to the on-going dissolution of redevelopment agencies have been signed into law that will have an impact on real estate, affordable housing, land use, municipal law,...
LAW ALERT – Round 4: Preparing, Documenting and Defending ROPS 13-14A
As successor agencies complete their due diligence review (the "DDR") procedures for determining unobligated assets of their former redevelopment agencies available for distribution to taxing...
LAW ALERT – HCD Proposes New California Hold Harmless Policy for Affordable Housing Income Limits and Rent
On December 20, 2012, the California Department of Housing and Community Development (HCD) published a proposed Hold Harmless policy that would protect affordable housing operators from having to...
LAW ALERT – A.B. 2674 – Employees’ Right to Inspect Personnel Records; Wage Statement Retention (Effective January 1, 2013)
A.B. 2674 significantly changes the obligations of California employers, and the rights of current and former employees, regarding employees' personnel files. Previously, Labor Code section...
LAW ALERT – Extension of the New Markets Tax Credit Program
On January 1, 2013, Congress voted to extend the New Markets Tax Credit (“NMTC”) Program for two additional years. The NMTC Program had expired on December 31, 2011. The extension of the NMTC...
LAW ALERT – Disillusioned with Dissolution: A Look Ahead to Upcoming Elements and Milestones in the Redevelopment Dissolution Process
AB 1x 26 (enacted on June 28, 2011) and AB 1484 (enacted on June 27, 2012) provide the administrative and procedural requirements for winding-down the affairs of a dissolved redevelopment agency...
LAW ALERT – Homeowners Bill of Rights Changes the Foreclosure Process
Pursuant to SB 900 and AB 278, commonly referred to as the Homeowners Bill of Rights (the "Bill"), lenders and servicers of first lien mortgages on owner-occupied residential homes (with 4 or fewer...
Law Alert – August 1st Deadline to Submit the Housing Assets List to the State Department of Finance
Under AB 1484, the successor to the housing assets and functions ("Housing Successor") of a dissolved redevelopment agency ("Dissolved RDA") must submit a list of housing assets to the State...
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...