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Multifamily Matters

Frost Brown Todd’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

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S. Bradford Butler


Louisville, KY

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Amy F. Curry


Louisville, KY

Stephen Sparks Photo
Stephen M. Sparks


Cincinnati, OH

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Darnell McCoy


Louisville, KY

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Geoffrey M. White

Industry Team Leader

Louisville, KY

Trending Multifamily Updates

Frontal view of double-story townhouses characterized by their distinctive weatherboard wall cladding and corrugated metal roofs
Need Help Navigating a Premises Liability Claim? Here’s Some Practical Advice for Multifamily ...

July 2, 2024 | Blogs

As we enter the peak summer months, multifamily housing owners are sure to face the usual wave of in...

New housing development in Colorado with the Flatiron Mountains in the background.
Colorado Creates New Middle-Income Housing Tax Credit

June 18, 2024 | Blogs

Colorado continues to expand on recent legislative efforts to address the state’s housing shortage...

Findlay Market in Cincinnati, Ohio
Legislative Roundup Part III: Examining Cincinnati’s Connected Communities Zoning Ordinance and It...

June 12, 2024 | Blogs

Recent posts on our Multifamily Matters Blog examined several states’ responses to address the unp...

The real estate or residential concrete and wooden frame construction 3d model on blueprints and house the keys to the apartment a stack of coins.
Tennessee’s New Rural and Workforce Housing Tax Credit

June 7, 2024 | Blogs

Tennessee is the next state to follow a national trend and enact its own state low-income housing ta...

Tornado damage in downtown, Bridgeport, Connecticut
Important Considerations for Multifamily Owners When Reviewing Certain Project Documents Following a...

June 4, 2024 | Blogs

Tornado season is again upon us, bringing with it the threat of catastrophic property damage, upende...

Amazing dark stormy tornado clouds over the apartment building in the city
Five Helpful Tips for Multifamily Property Owners in Addressing Casualty Claims During This Tornado ...

May 23, 2024 | Blogs

Tornado season is again upon us, bringing with it the threat of catastrophic property damage, upende...

A Scientist analyze the water of a river.
PFOA and PFOS Are ‘Hazardous Substances’ Under CERCLA: Key Takeaways and Questions for Real Esta...

May 21, 2024 | Blogs

The United States Environmental Protection Agency (U.S. EPA) recently designated “forever chemical...

Old railcar (Pacific railways 1950) at the new Denver Union rail station.
Legislative Roundup Part II: Examining Colorado’s Response to the Affordable Housing Crisis

May 17, 2024 | Blogs

A recent Multifamily Matters blog post examined several state’s legislative efforts to address the...

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Does the FTC Non-Compete Rule Apply to Your Multifamily Housing Business?

May 16, 2024 | Blogs

Businesses across all industries routinely have key employees leave and start competing businesses. ...

home investment
Is Your Multifamily Housing Project Subject to an Impact-Fees Schedule? If So, the Fee Might Be Unco...

May 14, 2024 | Blogs

Pre-development costs on multifamily housing projects can be expensive, and many projects in today...

New residential neighbourhood on the background of old architecture in Berlin in summer at sunset
The 2024 Presidential Economic Report’s Plan to Boost the Housing Supply

April 15, 2024 | Blogs

The United States is currently facing an unprecedented housing shortage. On March 21, 2024, the Bide...

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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...

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Using the Master Lease to Tackle the Los Angeles Housing Crisis

March 20, 2024 | Blogs

The City of Los Angeles (the “City”) 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

It’s no secret that the United States is suffering from a historic housing shortage and it’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...

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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...

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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 California’s Coa...

October 30, 2023 | Blogs

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

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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 “Bonus Program”) under Int...

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SB 423: Streamlining Affordable Housing in California’s Coastal Zone

September 14, 2023 | Blogs

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

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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...

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Interest Rate Woes: A Snapshot of the Lending Landscape in Commercial Real Estate

August 4, 2023 | Blogs

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

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Adjusting the Curriculum – 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 ...

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An Update on Indiana’s Low-Income Housing Tax Credit

July 19, 2023 | Blogs

Indiana’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...

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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 “Bank Failures”) created much...

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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...

House keys with a keychain shaped like a house lie on a rustic wooden surface.
Understanding the White House Blueprint for a Renters Bill of Rights

March 6, 2023 | Blogs

Earlier this year, the Biden administration (the “Administration”) published The White House Blu...

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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
Don’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...

An open notebook with graphs is lying next to a calculator and a pen on a desk, indicative of an office or study environment.
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...

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Kentucky Historic Preservation Tax Credit Updates

April 15, 2022 | Blogs

A proposed expansion of Kentucky’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 “Affordable 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 Preservation Tax Credit Updates. A major e...

A construction site with scaffolding, cranes, and tall buildings under a blue sky.
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...

House keys with a keychain shaped like a house lie on a rustic wooden surface.
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...

A calculator rests on top of a notebook against a blue background.
Continued Support for Low-Income Housing Tax Credits in Congress

October 8, 2021 | Blogs

In the multifamily industry, 4% low-income housing tax credits (“4% LIHTCs”) have long served as...

Multifamily Housing Units
Zoning Rules Create Affordability and Economic Benefits

August 28, 2021 | Blogs

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

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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...

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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...

House keys with a keychain shaped like a house lie on a rustic wooden surface.
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 (“4% Credits”) to fin...

A modern mid-rise apartment building is surrounded by greenery and trees, with a curved road in the foreground.
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 (“Louisville Metro”) has recently provided a po...

A modern mid-rise apartment building is surrounded by greenery and trees, with a curved road in the foreground.
Tools for Multifamily HUD Insured Loans in Light of COVID-19 – 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 ...

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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 (“IRS”) recently issu...

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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...

A row of colorful suburban townhouses with front porches and a landscaped pathway under a partly cloudy sky.
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...

House keys with a keychain shaped like a house lie on a rustic wooden surface.
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...

An aerial view showcases a suburban neighborhood with a mix of houses and trees under a partly cloudy sky.
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...

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Avoiding Landmines Under Non-Recourse Loan Carveouts in a Down Economy: Don’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...

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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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A smiling woman with long blonde hair wearing a gray blazer and a purple blouse.
Amy F. Curry


Louisville, KY

A smiling individual wearing a dark suit with a white shirt and red tie poses against a plain background.
S. Bradford Butler


Louisville, KY

Stephen Sparks Photo
Stephen M. Sparks


Cincinnati, OH

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