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Affordable Housing: Finance and Development, How to Maximize the Available Resources

 

Learn how to navigate affordable housing funding, structure deals, ensure compliance, and adapt to evolving funding challenges.

Structuring affordable housing deals with the myriad funding programs involved is a complex undertaking. Often it requires pairing a range of both capital and rental assistance programs together and ensuring compliance with a range of federal requirements. Deal structuring and regulatory compliance can be very challenging. Further, the current funding climate is complicating the picture with looming funding cuts to a range of affordable housing programs. This presentation will help those in the affordable housing industry to understand the core funding programs, their key requirements and how to structure deals involving a range of sources. This seminar will also review likely funding cuts and current litigation in the affordable housing industry. This workshop will leave participants with a current picture of affordable housing funding opportunities and deal structuring possibilities.

Agenda

Faculty

Martin Walsh

Martin Walsh

Reno & Cavanaugh, PLLC

  • Member at Reno & Cavanaugh PLLC
  • Specializes in providing legal assistance structuring, financing and closing multifamily affordable housing developments for range of clients across the country including nonprofit and for-profit developers, public housing authorities, other public agencies, and lenders
  • Provide legal assistance structuring, financing and closing multifamily affordable housing developments for range of clients across the country including public housing authorities, nonprofit and for-profit developers, public agencies, and lenders.
  • Represent major national bank as lender’s counsel on affordable housing transactions involving federal low income housing tax credits, tax-exempt bonds, HUD assistance and other state and local funding sources.
  • Possess expertise with all major affordable housing funding programs including Rental Assistance Demonstration program, Faircloth-to-RAD, FHA mortgage insurance, project based vouchers, Section 8 project based rental assistance, HUD 202/811, HOPE VI, Choice Neighborhoods, Public Housing Capital and Operating funds, Moving-to-Work funding, federal low income housing tax credits, tax exempt bonds, HOME funds, CDBG funds, Federal Home Loan Bank Affordable Housing Program funds, Neighborhood Stabilization Program funds, ARPA funding and other public and private sources.
  • Wharton School of Business, M.B.A. Degree in real estate, Wharton School of Business; Real Estate; J.D. Degree, University of Pennsylvania Law School, J.D.; B.A. Degree in philosophy Pennsylvania State University
  • Can be contacted at [email protected] or 202-349-2670
Matt Greeson

Matt Greeson

Reno & Cavanaugh, PLLC

  • Member at Reno & Cavanaugh PLLC
  • Practice focuses on complex real estate transactions
  • Representation developers in the District of Columbia, Maryland, Virginia and across the country in mixed-use projects that include market-rate and affordable residential components as well as retail and other uses, including projects subject to ground leases from local governments and other public entities, and utilizing low-income housing tax credits, tax-exempt and conventional debt, and other private and public capital sources, and assisted by project-based HAP contracts and other similar rental assistance
  • Representation of the purchasers and sellers of various apartment projects subsidized by various housing agencies including USDA Rural Development, HUD, and state tax credit agencies.
  • Representation of public housing authorities in major redevelopment initiatives including new construction, public housing conversions, and financing under HUD’s Rental Assistance Demonstration (RAD) program.
  • J.D. Degree, University of Virginia School of Law; B.A. Degree in history, magna cum laude, Colgate University
  • Can be contacted at [email protected] or 202-349-2448
Iyen A. Acosta

Iyen A. Acosta

Reno & Cavanaugh, PLLC

  • Member at Reno & Cavanaugh PLLC
  • Practice focuses on representing public housing authorities, development entities, and management companies, as well as statewide and local organizations, in complex federal and state litigation and administrative proceedings as part of the firm’s Litigation and Dispute Resolution practice
  • Extensive experience advising clients on fair housing and accessibility issues
  • Represents public housing authorities and developers engaged in affordable housing development using mixed-finance resources, and management companies whose portfolios include HUD and USDA Rural Development-assisted units
  • J.D. Degree, cum laude, Catholic University Columbus School of Law; B.A. Degree in government and politics, cum laude, University of Maryland
  • Can be contacted at [email protected] or 202-349-2470

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