Richard Price focuses on real estate finance and regulation, affordable and rural housing and community development, government contracts, administrative law and legislation. He assists for-profit and nonprofit businesses and government agencies.
I focus on real estate finance and regulation in four different settings.
As a transactional attorney, I close transactions financed through complex commercial financing and federal and state financing programs including multifamily mortgage loans, tax credit equity and tax-exempt bond proceeds.
As a regulatory attorney, I assist clients with a broad array of approvals including mortgage assignments and property transfers. I also represent parties in fair housing, lead-based paint and RESPA compliance.
As a litigator I defend clients before HUD, USDA and federal courts concerning suspensions, civil money penalties, debarments and nonprocurement and procurement contracts. I build on my experience as a trial attorney in the Office of General Counsel at the U.S. Department of Housing and Urban Development for this work.
I am often involved with advocacy on new housing legislation. I’ve even advised non-governmental organizations about increasing housing opportunities in other countries. I have served on several housing industry boards and represent industry organizations. I enjoy writing and speaking about new issues affecting housing, administrative law, finance and real estate.
2020 has lived up to my initial assessment as a year of change. When I posted that, it was pre-COVID. Between the election year, current political and social trends seeking to address historical narrative, and then add to that the first major global pandemic since 1918 to infect and effect a significant portion of the domestic and world population, along with an economic shift not seen since before the 1930s, then “year of change” is an understatement. Affordable housing preservation and expansion is now an “above the fold” issue. Government programs have taken on even greater importance in the current economy. My thought is to respect the new economic patterns that help housing and commerce, giving people choices to stay healthy and avoid COVID.
Journal of Affordable Housing | July 26, 2021
Washington, DC Affordable Housing & Real Estate partner and Housing Regulatory team leader Richard Price and associate Rebecca Simon contributed this article discussing recent developments in the U.S. Department of Agriculture’s Rental Housing Service programs, funding issues that have created challenges to preservation, and preservation strategies that have been used to overcome, in part, the funding challenges.
CoStar News | December 23, 2020
Boston Community Development Finance partner Forrest Milder and Washington, D.C. Affordable Housing & Real Estate partner Richard Price comment on the low-income housing tax credit rate being fixed at 4% in Congress’ recently passed spending bill, and what that could mean in practical terms.
Affordable Housing Finance | September 10, 2020
Washington, D.C. Affordable Housing & Real Estate partner Richard Price contributed this article which breaks down some of the complexities of managing the Department of Housing and Urban Development’s multifamily programs.
Politico | May 14, 2020
This roundup of lobby hires mentions that apartment industry advocacy group National Multifamily Housing Council has hired Washington, DC, Affordable Housing and Real Estate partner Richard Price to lobby on amendments to the CARES Act.
Affordable Housing Finance | March 31, 2020
Washington, D.C. Affordable Housing and Real Estate partner Richard Price shares his perspective on the early impact of COVID-19 on the affordable housing industry, including how the federal government should respond.
Affordable Housing | 07.23.21
Affordable Housing Alert | 06.25.21
Affordable Housing | 06.03.21
Affordable Housing Alert | 05.17.21
Affordable Housing Alert | 05.14.21
Affordable Housing Alert | 04.20.21
Coronavirus Stimulus & Relief Alert | 03.10.21
Affordable Housing | 02.16.21
Real Estate Alert | 12.22.20
02.09.21 | Virtual Presentation
12.03.20 | ZOOM Presentation
06.11.20 | Webinar
03.31.20 | Webinar
10.07.19 | Webinar
03.04.19 | Washington, DC
George Washington University, J.D.
George Washington University, B.A.
District of Columbia
U.S. District Court, District of Columbia
U.S. District Court, District of Maryland
U.S. Court of Federal Claims
U.S. Court of Appeals, Fourth Circuit
U.S. Court of Appeals, Tenth Circuit
U.S. Supreme Court
U.S. Court of Appeals, Federal Circuit
Richard was recognized in the 2014 edition of Washington, DC, and Baltimore's Top Rated Lawyers, a joint publication by ALM and Martindale-Hubbell. In 2003, he received the outstanding Leadership Award from the Apartment and Office Building Association of Metropolitan Washington (AOBA). In 2002, Richard received a Pro Bono recognition award from the Neighborhood Housing Services of New York City, Inc. He is AV Peer Review Rated by Martindale-Hubbell.