Multifamily housing is increasing, which leads to unique challenges for security. Smart-home innovations will help bridge this gap as urban living increases.
Co-Living Redefined by Denver City Council
Over the strong opposition from neighborhood groups, the Denver City Council has approved new regulations that allow up to five unrelated individuals to live in the same household. February 10, 2021, 9am PST | James Brasuell |
The vote raises the limit of unrelated people living in the same household from two to five. Denver Senior Planner Andrew Webb has argued in the past that the new law is unlikely to significantly increase the number of people in households in the city. Rather, this legalizes living situations for hundreds or thousands of households across the city, explains Swanson in the most recent article on the subject.
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Mortgage banking company Merchants Capital has established a tax credit syndication platform, a new business unit that infuses private equity from institutional investors into Low Income Housing Tax Credit multifamily housing projects. This launch reflects Merchants Capital's transformation into a full-service financing provider for affordable housing.
Massachusetts Makes Broad Changes to the Zoning Act Saturday, January 16, 2021
Year after year, the Massachusetts Legislature considers bills to change General Laws Chapter 40A, or the Massachusetts Zoning Act. Many prior changes were fairly minor, but on January 14, 2021, Governor Charlie Baker signed an act making some major changes to the Zoning Act. Several of the changes were taken from Governor Baker’s often-touted Housing Choice bill. Click here for the new legislation. Zoning Act changes start on page 35.
Some of the broadest changes are in the definitions section of the Zoning Act. For example, the term “as of right” is now a defined term identifying activity that does not need discretionary zoning approval. These changes are helpful both to avoid litigation about what terms such as “multi-family housing” and “accessory dwelling unit” mean, and because municipalities often adopt defined terms and other language from the Zoning Act into their zoni