Affordable Housing
Longwell Riess attorneys are recognized experts in affordable and public housing acquisition, development, and financing transactions.
With over 50 years of combined experience, our Affordable Housing practice group has the transactional, regulatory and policy expertise to handle a wide range of client needs in this complex area of law. We work with developers (for-profit and nonprofit), investors, lenders, public housing authorities, underwriters, housing finance agencies and redevelopment authorities. Using a practical and collaborative approach, we advise clients on all aspects of their affordable housing projects–acquisition, development, tax, financing incentives, and public housing programs at the federal, state and local level. The firm’s comprehensive range of development-focused practice areas – real estate, tax, finance, government incentives, corporate structuring, lending and construction – provides a one-stop solution for clients operating in the affordable housing market.Areas of expertise include:
Low Income Housing Tax CreditsTax Exempt Bond FinancingHUD Insured Multifamily FinancingHUD 202 and 811 FinancingRental Assistance Demonstration (RAD)Fannie Mae and Freddie Mac multifamily loan and investment programsPublic/Private Partnerships with Housing Authorities and For-Profit DevelopersHOME FundingCDBG FundingPublic Supportive Housing (PSH) programs and Project-based voucher (PBV) programsNeighborhood Stabilization Program fundingNational Housing Trust FundsCommunity Housing Development Organizations (CHDO)Workforce HousingTax Increment FinancingTax AbatementsPACE FinancingGovernmental and Community Relations
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