Richard S. Goldstein focuses his practice on transactions pertaining to the financing and development of affordable rental housing and, in addition, he represents clients in legislative and regulatory matters before the United States Congress and federal agencies. Mr. Goldstein leads the firm’s Government Relations and Public Policy practice.
Mr. Goldstein served as legislative assistant to U.S. Congressman Barney Frank (D MA) and was counsel to the U.S. House of Representatives Government Operations Subcommittees on Employment and Housing, which was chaired by Mr. Frank. He also served as counsel to several Massachusetts state agencies prior to his positions in Washington. His experience in lobbying, regulatory matters, state government and on Capitol Hill has given Mr. Goldstein great insight and knowledge about the operations of both the Federal and state government and how they impact the firm’s clients.
Mr. Goldstein has handled numerous transactions utilizing the low-income housing tax credit, representing syndicators, investors, for-profit and nonprofit developers, and public agencies. His work involves structuring of offerings; acquisition of interests in housing tax credit projects; asset management and disposition matters and tax, housing, partnership, and real estate advice in connection with these transactions.
He has been involved with the housing tax credit program since its inception, having lobbied Congress on behalf of trade association clients prior to its enactment in 1986 and in subsequent legislative amendments to the program. In addition, he has worked extensively with the Internal Revenue Service in conjunction with the issuance of various regulations and other rulings and with the National Council of State Housing Agencies in connection with their advisory work with state housing credit agencies. A frequent speaker at national conferences concerning the housing credit, Mr. Goldstein is considered one of the foremost authorities on the credit program and transactions involving it.
Mr. Goldstein was formerly a member of the firm of Lane and Edson, P.C. and later, of Kelley Drye & Warren.