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. Richard is the editor-in-chief of Nixon Peabody’s Affordable Housing and Community Development blog.
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.
Continued periodic volatility in equity markets and upward pressure on interest rates will raise costs for affordable housing and community development. That will put more pressure to use more funding sources, increasing transaction complexity. At the same time, interest in Opportunity Zones will increase as 2019 progresses.
Law360 | August 02, 2017
Washington DC affordable housing partner Richard Price is quoted in this article about the Senate Finance Committee's hearing regarding the potential increased availability of affordable housing tax credits.
Journal of Tax Credits | July 07, 2016
Washington, DC, Affordable Housing partner Richard Price is quoted in this feature article that discusses results of a survey of investors and syndicators on the state of low-income housing tax credit (LIHTC) housing.
NP Affordable Housing Blog | 02.14.19
Affordable Housing Blog | 12.17.18
NP Affordable Housing Blog | 11.19.18
NP Affordable Housing Blog | 11.05.18
NP Affordable Housing Blog | 10.22.18
NP Affordable Housing Blog | 07.09.18
NP Affordable Housing Blog | 05.02.18
Affordable Housing Alert | 03.23.18
11.14.18 | Chicago, IL
11.29.16 | Webinar
George Washington University, J.D.
George Washington University, B.A.
District of Columbia
U.S. District Court, District of the 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.