In this article, Louis Dolan and Juan García with Nixon Peabody describe the implications of a recent decision out of the Eastern District of New York concerning rights of first refusal (ROFR). The decision provides a very effective roadmap for litigating these disputes in federal court and suggests some arguments that property developers and investors […]
Enterprise opened its public comment period on the 2020 Green Communities Criteria. Maintaining the same eight categories, the 2020 Green Communities Criteria is looking at new ways to explore how the criteria can contribute to: improving resident health; strengthening homes’ resilience; managing developers’ upfront costs while improving building performance; and promoting equitable outcomes.
The Tidwell Group, LLC announced Patty Azallion, William Brookshire, Damien Cassell, Andy Gantzer, Chris Ofat and Jeanne-Marie Smith as its newest partners.
The 2019 Pennsylvania Tax Act signed by Pennsylvania Governor Tom Wolf on June 28, 2019— made several changes to Pennsylvania tax laws. The Act adds Opportunity Zone conformity for personal income tax, adopts new sales tax provisions and amends other tax and credit provisions. Read more in this analysis from Ballard Spahr.
Pennrose was recognized as a Healthiest Employer by the Philadelphia Business Journal. This was the fifth time that Pennrose has received this recognition. The award recognizes the company for its commitment to employee health and for achieving exceptional and sustainable success through a broad range of company and employee wellness initiatives.
Howard Cohen, who founded of Beacon Communities, will be honored with the Outstanding Impact award at Citizens’ Housing and Planning Association’s (CHAPA) 52nd Annual Dinner. Mr. Cohen is a leader in affordable housing, having led the production and preservation of more than 8,000 affordable homes and previously serving with Massachusetts Law Reform Institute, Cambridge Housing Authority, Boston Housing Authority, MassHousing, and Mintz, Levin.
Bellwether Enterprise Real Estate Capital LLC (Bellwether Enterprise), the commercial and multifamily mortgage banking subsidiary of Enterprise Community Investment Inc. (Enterprise), hired Jeff Bradley as a senior vice president to work with its Affordable Housing Group in the Dallas office. Jeff is responsible for originating commercial real estate loans with a specialization in affordable and market rate multifamily housing, and he also serves industry, hospitality and single tenant net lease sectors nationwide.
The Michaels Organization announced that it has significantly expanded its presence in the Caribbean, with the opening of a new regional office in Puerto Rico. The office will be headed by Michaels’ newly named Regional Vice President, Larry Padilla, who will focus on the redevelopment of Michaels affordable portfolio in St. Croix and St. Thomas in the Virgin Islands, as well as on new affordable and mixed-income development opportunities in Puerto Rico.
Conifer Realty announced today that it has appointed Joan Hoover as its President. Ms. Hoover has over 25 years of experience in the financial management and development of affordable housing. Ms. Hoover has a great passion for personal and professional growth, both her own and others, and is interested in intrinsic motivation, self-deception in leadership […]
Robinson Cole has published its updated “Green Tax Incentive Compendium.” This volume presents federal and state tax incentives promoting the renewable energy and energy efficiency industries. Each section outlines the basic features and regulatory requirements for a tax program which provides financial incentives for clean technology development through renewable energy and energy efficiency projects. For […]
Enterprise and NeighborWorks America released a new report, On the Path to Health Equity: Building Capacity to Measure Health Outcomes in Community Development. The report shows how the Health Outcomes Demonstration Project equipped 20 affordable housing and community development organizations to evaluate health outcomes for communities across a range of programs.
NH&RA board member & past board chair, John Kelly, will be honored at the New York City Housing Partnership Biennial Cocktail Reception. John Kelly, Esq. is a partner at Nixon Peabody LLP and a member of the NHC Housing Partnership board of directors.