Joseph Lynch is a member of the firm’s Affordable Housing group. Mr. Lynch has extensive experience in representing both for profit and nonprofit developers, owners, and managers in complex affordable housing transactions involving federal, state, and local regulations. Many of these transactions involve financing through the issuance of tax-exempt bonds and low-income housing tax credits. Mr. Lynch’s practice includes assisting clients in Section 236 decoupling transactions, Section 202 financings, and restructurings, and he possesses in-depth knowledge of the New York State Mitchell Lama Housing Program, New York State Housing Finance Agency and New York City Housing Development Corporation programs.
Prior to joining Nixon Peabody, Mr. Lynch worked as vice president and deputy general manager for a major nonprofit housing developer and owner, where he was responsible for operating 10,000 units of low, moderate, and institutional housing. He assisted with the privatization of public housing developments, utilizing Section 236 mortgage decoupling, Mitchell Lama deregulation, and the Mark-to-Market process pertaining to Section 8 housing.