Coming out of summer recess, California lawmakers will tackle condominium construction defect legislation that has cleared committees and passed one chamber.
The 21st Century ROAD to Housing Act includes provisions to streamline NEPA reviews, expand factory-built housing and incentivize local pro-supply reforms. Builders say federal action helps, but local zoning and permitting remain the main constraint on new housing.
Greystone raised $137 million for a second multi-investor LIHTC fund in less than a year and now exceeds $240 million in total equity. The fund targets 1,960 units across 20 properties in nine states.