Mayor Breed and Supervisor Dorsey recently introduced legislation to waive development impact fees and inclusionary housing requirements for downtown office-to-housing conversion projects. For the Mayor it is the latest in a series of new policies she has dubbed the “30 x 30” initiative, designed to bring at least 30,000 residents and students downtown by 2030. The city’s impact fees and inclusionary housing requirements are the largest source of city-imposed costs on conversion projects. According to some estimates they add between $70,000 to $90,000 per unit in project development cost. The legislation would waive these fees for all commercial-to-residential conversion projects
Starting in 2024, many business entities will be required to comply with the Corporate Transparency Act (the “FCTA” or the “Act”). Enacted in 2021 to enhance corporate transparency and combat tax fraud, the FCTA requires all “reporting companies” to submit Beneficial Ownership Information (“BOI”) reports to the Department of the Treasury’s Financial Crimes Enforcement Network (“FinCEN”) by December 31, 2024. (31 U.S.C. § 5336(a)(11)(A).) I. What are reporting companies? For the purposes of the FCTA, a “reporting company” is defined as any corporation, limited liability company (“LLC”), or other similar entity that is (a) created either domestically by filing with
What is a “person” in the context of a 3 day notice to pay or quit? Is it a natural person, like an individual, or could it also include an entity? A recent case, City of Alameda v. Sheehan (2024 WL 4195486, Filed September 13, 2024), just explored this question. In City of Alameda (“City”), the City served a 3-day notice on Shelby Sheehan (“Sheehan”) who had not paid rent for 17 months pursuant to a lease with the City. Upon a successfully delivered notice to pay or quit and non-payment by the tenant within the 3-day period, the landlord
During its 2024 legislative session, the California State Legislature again passed a variety of laws aimed at increasing housing production. As this new housing legislation heads to Governor Newsom’s desk to be either vetoed or signed into law, here is a preview of nine housing bills which could soon become law: Streamlining Laws AB 2243 (Wicks): AB 2011 amendments. This bill would update the Affordable Housing and High Road Jobs Act of 2022 (AB 2011), which allowed for streamlined residential development on parcels abutting commercial corridors where office, retail, or parking are principally permitted uses. If enacted, this bill would
Back in May, we wrote about a March 28, 2024, Department of Housing and Community Development (“HCD”) Letter of Technical Assistance to the City of Compton, which determined that the Builder’s Remedy does not prohibit a city or county from requiring Builder’s Remedy projects to obtain zoning or general plan amendment approvals.[1] Since then, HCD has issued a Letter of Technical Assistance and a subsequent Notice of Violation[2] to the City of Beverly Hills, walking back that March determination and confirming that a Builder’s Remedy project cannot be denied based on inconsistency with a jurisdiction’s zoning ordinance or general plan
As the summer winds down and with most of the San Francisco’s boards and commissions on break, there is not much activity happening in the local land-use world. Below are a handful of ordinances that were introduced on July 30th, the last hearing before the Board of Supervisors’ legislative recess and currently winding their way through the review process. Crackdown on Unauthorized Dwelling Units Legislation proposed by Supervisor Melgar (BOS File No. 24-0803) would implement a new, multi-pronged approach to San Francisco’s (the “City’s”) handling of unauthorized dwelling units (“UDUs”). Under the legislation, the Planning Department’s development application process would
