With our robust and extensive network, we help shape housing industry policy so we can anticipate issues, cut through complex regulations and keep affordable housing investments moving forward.
Affordable housing and community development raise intricate legal challenges that can be difficult to unravel. Today’s economic and public funding climate present even further complexity so it’s critical to work with attorneys who understand the business of affordable housing and have the creativity to get deals closed.
With one of the largest affordable housing groups in the country, Nixon Peabody offers unparalleled knowledge in this field.
Our attorneys and advisors have worked in legal and policy positions at HUD and the IRS and state housing agencies—and have been involved with every major federal affordable housing initiative in the last 40 years. This experience, coupled with the key strategic relationships we continue to forge gives our clients a special advantage as we bring dynamic deals and parties together.
From Section 8 contract expiration, renewal and opt-out, to mortgage restructuring, Mark-to-Market, prepayment and preservation transactions, Section 236 decouplings (and re-decouplings), as well as development and construction of new affordable housing, we keep your investments moving forward. We also provide help on financing mechanisms such as tax-exempt bonds and low-income housing, new markets, historic and solar tax credits.
Who we work with
- Developers, owners and operators in local markets and nationally. We’ve worked with every kind of housing from communities designed for the elderly and those needing supportive services to housing for veterans, using every type of financing resource.
- Nonprofit or municipal developers or housing operators, from housing authorities to community groups to churches and synagogues.
- Government entities including local and state housing authorities and finance agencies.
- National housing trade organizations. We assist in their efforts to promote and preserve the integrity of affordable housing nationwide and its financing mechanisms.
- We’ve even assisted non-governmental organizations (NGOs) with affordable housing finance and programs outside of the United States.
- On Day One, the New Mayor Should Invest in Affordable Housing
Crain's New York Business | November 3, 2013
This op-ed, co-authored by New York City Affordable Housing strategic policy advisor Deborah VanAmerongen and the president and CEO of the Community Preservation Corp., calls for NYC Mayor-Elect de Blasio to make affordable housing a priority of his administration.
- The Case for GLBT Seniors Housing
Affordable Housing Finance | September 24, 2013
Washington, DC, Affordable Housing partner Randy Kelly discusses the need for seniors housing for the gay, lesbian, bisexual and transgender community.
- What Will Tax Reform Mean for the Future of the Low-Income Housing Tax Credit (LIHTC)?
Affordable Housing Finance | March 1, 2013
Affordable housing strategic policy advisor Deborah VanAmerongen discusses how tax reform will impact the low-income housing tax credit.