Hogan Lovells helps Hawaiʻi tenants keep affordable housing
On July 5, the Ninth Circuit dismissed with prejudice an appeal by Front Street Affordable Housing Partners, confirming that the developer may not unilaterally end rent restrictions.
Front Street Apartments to remain affordable
The dismissal confirms that FSA may not end unilaterally the rent restrictions that prevent it and subsequent buyers from raising rents or selling the project unencumbered by the rent restrictions.