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Multifamily Matters

Frost Brown Toddโ€™s Multifamily Matters Blog provides relevant legal perspectives in several areas affecting multifamily housing, including acquisitions and dispositions, new development and construction, market trends, technology incorporation, affordable housing, tax credit financing, private equity, and lending. Our bloggers cover topics crucial to developers, investors, and lenders nationwide to keep you at the forefront of the multifamily industry in our footprint.

Featured Contributors

S. Bradford Butler Profile Image
S. Bradford Butler

Managing Associate

Louisville, KY

Amy F. Curry Profile Image
Amy F. Curry

Partner

Louisville, KY

Stephen Sparks Photo
Stephen M. Sparks

Counsel

Cincinnati, OH

Darnell McCoy Profile Image
Darnell McCoy

Partner

Louisville, KY

Geoffrey M. White Profile Image
Geoffrey M. White

Industry Team Leader

Louisville, KY

Trending Multifamily Updates

Wooden jigsaw puzzle pieces forming a house shape, on a desk with blank sheet of paper with copy space, calculator, folding ruler, drawing compass, Euro coins, pencil and a computer keyboard.
Legislative Roundup: Examining State Responses to the Affordable Housing Crisis

March 28, 2024 | Blogs

There is an unprecedented housing shortage in the United States. The Harvard Joint Center for Housin...

View of modern apartment building on a sunny day with warm lighting
Using the Master Lease to Tackle the Los Angeles Housing Crisis

March 20, 2024 | Blogs

The City of Los Angeles (the โ€œCityโ€) continues to implement new programs to tackle its ongoing h...

An illuminated neon "vacancy" sign.
Could Office Conversions Solve the Housing Shortage?

February 2, 2024 | Blogs

Itโ€™s no secret that the United States is suffering from a historic housing shortage and itโ€™s onl...

Townhomes in Abell, Baltimore. Maryland.
Proposed Tax Bill Could Be a Game-Changer for Affordable Housing Nationwide

January 22, 2024 | Blogs

Proposed Tax Bill Could Be a Game-Changer for Affordable Housing Nationwide by Increasing LIHTC Pool...

Rapidly Rising Rates Complicate Existing Floating Rate Loans

November 21, 2023 | Blogs

*This article was originally published in Reuters Legal News on November 20, 2023. The rapid rise in...

Considerations for Commercial Borrowers: Mitigating Uncertainty and Risk with Interest Rate Swaps

November 10, 2023 | Blogs

Commercial borrowers often use interest rate swaps to manage interest rate risk in loan transactions...

Seashore houses
Legislative Update: SB 423 and a New Era for Affordable Housing Development Along Californiaโ€™s Coa...

October 30, 2023 | Blogs

On October 11, California Governor Gavin Newsom signed California Senate Bill 423 (SB 423) into law....

Economics of alternative energy. Money in front of solar panels and wind turbunes. 3D rendered illustration.
Application Portal for the Low-Income Communities Energy Investment Bonus Program Opens Oct. 19

October 12, 2023 | Blogs

Applications for the low-income communities bonus credit program (the โ€œBonus Programโ€) under Int...

Palm trees and buildings under blue sky during daytime
SB 423: Streamlining Affordable Housing in Californiaโ€™s Coastal Zone

September 14, 2023 | Blogs

Update: California Gavin Newsome signed Senate Bill 423 into law. Click here to read the update.ย  S...

Construction crane. Architectural elements. Construction materials. Building house.
Texas Implements a State Low-Income Housing Tax Credit

August 18, 2023 | Blogs

The state of Texas recently joined the ranks of nearly 30 other states in establishing its own state...

business man Hand change wood cube block with percentage to UP and Down arrow symbol icon. Interest rate, stocks, financial, ranking, mortgage rates and Cut loss concept
Interest Rate Woes: A Snapshot of the Lending Landscape in Commercial Real Estate

August 4, 2023 | Blogs

This was originallyย published in Reuters Legal News (August 3, 2023). Over the past year, rising in...

engineering construction concept blurred background,glass curtain wall
Adjusting the Curriculum โ€“ Strategies for Mitigating Construction Delays in Student Housing

July 24, 2023 | Blogs

Universities and their students are demanding updated or new student housing. While this demand has ...

Miniature colorful house on stack coins using as property and financial concept
An Update on Indianaโ€™s Low-Income Housing Tax Credit

July 19, 2023 | Blogs

Indianaโ€™s recently enacted state low-income housing tax credit took effect on July 1, 2023. The Af...

Construction tower cranes on a building site
Kentucky Legislation Creates New Property Tax Valuation Method for Affordable Multifamily Properties

March 24, 2023 | Blogs

Kentucky Governor Andy Beshear recently signed a bill that will provide more certainty for annual pr...

Crucial Underwriting Considerations for LIHTC Investors in the Wake of Bank Failures

March 17, 2023 | Failed-Bank Response Team

The recent failures of Silicon Valley Bank and Signature Bank (the โ€œBank Failuresโ€) created much...

Solar panels on the gable roof of the rustic house
The Basics of Community Solar Projects and Their Application to Multifamily Projects

March 7, 2023 | Blogs

I. Introduction In recent years, the share of energy produced in the United States through solar pho...

Understanding the White House Blueprint for a Renters Bill of Rights

March 6, 2023 | Blogs

Earlier this year, the Biden administration (the โ€œAdministrationโ€) published The White House Blu...

Silhouette of engineer and construction team working at site over blurred background for industry background with Light fair.Create from multiple reference images together
New Radon Testing Requirements for Multifamily Properties Seeking Fannie Mae and Freddie Mac-Backed ...

February 21, 2023 | Blogs

The Federal Housing Finance Agency (FHFA) recently announced enhanced radon testing requirements for...

several construction tower cranes of different heights at a building site during the construction of blocks of flats, view against the sky
Ohio Affordable Housing 2023 Legislation Updates

February 20, 2023 | Blogs

On January 6, 2023, Ohio Governor Mike DeWine signed House Bill 45, which contains two provisions th...

Pharmacist and customer with medical marijuana
Donโ€™t Let the Reefer Blow the Roof Off: Challenges and Guidance Surrounding Medical Marijuana Pati...

October 3, 2022 | Blogs

*Lila Greiner contributed to this article while interning at Frost Brown Todd. Lila is a graduate of...

Commercial Leasing: Reexamining Force Majeure in the Post-COVID Landscape

May 26, 2022 | Failed-Bank Response Team

The impact of the COVID-19 pandemic on commercial leasing was immediate and severe. Landlords and te...

Beginning of construction project in industrial zone
Opportunity Zone Reform: The Opportunity Zones Transparency, Extension, and Improvement Act

April 20, 2022 | Blogs

The federal Opportunity Zone tax incentive program has facilitated substantial new investment in des...

Brown leaf tree near brown wall painting
Kentucky Historic Preservation Tax Credit Updates

April 15, 2022 | Blogs

A proposed expansion of Kentuckyโ€™s Historic Preservation Tax Credit that we summarized in a prior ...

Wood house model on computer laptop
New Indiana Low-Income Housing Tax Credit

March 29, 2022 | Blogs

Indiana recently enacted a state Affordable and Workforce Housing Tax Credit (the โ€œAffordable Hous...

A concrete building under construction
Change on the Horizon: Kentucky Historic Preservation Tax Credit Updates

March 17, 2022 | Blogs

An update to this post is available at Kentucky Historic Preservationย Tax Credit Updates. A major e...

New Operational Guidelines for Affordable Housing Projects

February 19, 2022 | Blogs

This article was originally published on February 18, 2022 in Westlaw Today, an imprint of Thomson R...

Affordable Housing and the Build Back Better Act

November 14, 2021 | Blogs

This article was originally published on November 12, 2021 in Westlaw Today, an imprint of Thomson R...

Continued Support for Low-Income Housing Tax Credits in Congress

October 8, 2021 | Blogs

In the multifamily industry, 4% low-income housing tax credits (โ€œ4% LIHTCsโ€) have long served as...

Multifamily Housing Units
Zoning Rules Create Affordability and Economic Benefits

August 28, 2021 | Blogs

This article was originallyย published on August 27, 2021 in Westlaw Today, an imprint of Thomson Re...

The American Jobs Plan: A Multifamily Perspective

April 27, 2021 | Blogs

Recent federal legislative efforts have the potential to produce a major boon for the multifamily in...

Historic Rehabilitation Tax Credits Update

April 14, 2021 | Blogs

With the help of legislators at the state and federal levels, the historic rehabilitation tax credit...

4% LIHTC Fix Helps Affordable Housing Industry

January 21, 2021 | Coronavirus Response Team

The affordable housing industry has used 4% Low-Income Housing Tax Credits (โ€œ4% Creditsโ€) to fin...

New Information Regarding the Eviction Prevention COVID-19 Relief Fund for Louisville Metro Tenants ...

August 11, 2020 | Coronavirus Response Team

The Louisville-Jefferson County Metro Government (โ€œLouisville Metroโ€) has recently provided a po...

Tools for Multifamily HUD Insured Loans in Light of COVID-19 โ€“ Part II

June 30, 2020 | Coronavirus Response Team

As the COVID-19 pandemic has continued throughout the United States, the U.S. Department of Housing ...

New Relief from COVID-19 for Louisville Metro Tenants & Landlords

June 29, 2020 | Coronavirus Response Team

Affordable housing property owners and landlords of certain low-income tenants in Louisville-Jeffers...

Technology, Data Privacy Concept
Opportunity Zone Rule Changes Due to COVID-19

June 22, 2020 | Blogs

In response to the ongoing COVID-19 pandemic, the Internal Revenue Service (โ€œIRSโ€) recently issu...

Property Assessed Clean Energy (PACE) Financing Projects

May 29, 2020 | Blogs

What is PACE financing? Property Assessed Clean Energy (PACE) financing, also called EPAD (Energy Pr...

LIHTC Compliance and the Material Impacts of COVID-19

May 15, 2020 | Coronavirus Response Team

COVID-19 and the related stay-at-home orders issued by most states have created unprecedented uncert...

Tools for Multifamily HUD Insured Loans in Light of COVID-19

April 20, 2020 | Coronavirus Response Team

Like other areas of commercial lending, loans insured by the Department of Housing and Urban Develop...

Impact of the CARES Act on Housing

March 27, 2020 | Coronavirus Response Team

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), a sweeping third-wave relief pac...

View of fire-escapes from below
Avoiding Landmines Under Non-Recourse Loan Carveouts in a Down Economy: Donโ€™t Let Covid-19 Make a ...

March 27, 2020 | Coronavirus Response Team

Many larger commercial real estate loans, including those financing logistics, distribution, manufac...

Family Financial Management, Mortgage And Payday Loan Or Cash Advance Concept : Loan Bags, Family In A House On Balance Scale, Depicts Short Term Borrowing, High Interest Rate Based On Credit Profile
Fannie Mae and Freddie Mac to Grant Forbearance to Multifamily Owners in Exchange for Suspension of ...

March 26, 2020 | Coronavirus Response Team

In addition to the actions taken by the Federal Housing Authority (FHA) and the Department of Housin...

Enforcement of New Metro Louisville Rental Property Ordinance Set to Begin March 1

February 15, 2017 | Blogs

Enforcement of a new ordinance requiring property owners to register rental housing in Metro Louis...

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Amy F. Curry Profile Image
Amy F. Curry

Partner

Louisville, KY

S. Bradford Butler Profile Image
S. Bradford Butler

Managing Associate

Louisville, KY

Stephen Sparks Photo
Stephen M. Sparks

Counsel

Cincinnati, OH

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