HUD Financing
Our clients include virtually all of the participants in the housing process: developers, national and local nonprofit entities, public housing agencies, lenders, investors, conduits, mortgage and investment bankers, managers, contractors, underwriters, and mortgage insurance companies.
We are active in and familiar with all HUD housing, community development, public housing, FHA and GNMA programs, the multifamily programs of Fannie Mae and Freddie Mac, the Low Income Housing Tax Credit (LIHTC), the American Recovery and Reinvestment Act of 2009 (ARRA), the requirements of the Community Reinvestment Act (CRA), as well as state housing finance agency and public housing authority programs. We will help you navigate through the related regulations to take advantage of federal and state funding opportunities.
Our extensive experience with agency programs is particularly helpful in obtaining approval of business plans, defending against enforcement actions for alleged regulatory violations, resolving disputes over use of grant funds, negotiating the purchase of assets from government agencies, facilitating participation in financing programs, assisting clients in negotiating workout arrangements and claims regarding troubled properties, and keeping abreast of pending legislative and regulatory requirements and their impact on our clients and their businesses.
As professionals, we take pride in maintaining current knowledge of affordable housing initiatives. We will help you navigate through the regulations, including those established under the Internal Revenue Code and HUD local zoning and property tax ordinances.
