Meghan C. Altidor

My focus

Bond/Tax Credit Transactions

I focus on complex financings of affordable housing developments that include tax-exempt bonds, low-income housing tax credits and often other federal, state and local government subsidies. My typical deal is representing the purchaser and borrower to finance a development with multiple interconnected layers of financing, but I also represent lenders, investors, housing authorities and clients disposing of affordable housing assets. My practice covers all aspects of development from dirt real estate to securing regulatory approvals such as HUD RAD conversion approvals and nonprofit asset transfer approvals. Recognizing that the planning of complex transactions often involves significant time commitments and financial risks, I enjoy working with clients to mitigate or reduce the risk of unpredictable legal costs and budgeting inaccuracies.

Joint Ventures

Affordable housing deals often involve partnerships, and I help my clients navigate public-private partnerships and joint ventures between nonprofit and for-profit firms. Some examples of this practice include structuring tax exemption eligibility and negotiating tax credit and debt guaranty obligations among partners in affordable housing transactions.

Community Involvement

From my training as an urban planner to my first legal work representing a tenant association to secure its rights under the DC Tenant Opportunity to Purchase Act, I have committed my career to thinking about how affordable housing can transform the lives of those who live in it. I am particularly interested in legal issues nonprofits face, supportive housing models and various efforts to rethink public housing, such as the RAD program. I am active with several affordable housing boards and advisory groups and am an adjunct professor at Georgetown University Law Center.

Hotel Conversion and Shelters

Since the start of the pandemic, I am focusing more and more on the conversion of hotels to affordable housing and shelter development and financing. Many states and cities are creating innovative financing programs to capitalize on opportunities to transform distressed hotel assets into affordable housing resources. Likewise, the demand for transitional housing solutions means that we are joining our clients in increasing our focus on developing shelters for individuals and families experiencing homelessness.

Insights

• “NYCHA Public Housing & PACT Transactions,” Annual New York State Affordable Housing Conference, May 17, 2023 (Speaker)
• “Preservation Transactions: Getting Your Deal Closed!” IRHP NYC Affordable Housing Preservation Symposium 2023, New York, NY, March 1, 2023
• “Track B | Rental Assistance Demonstration (RAD) Program Basics,” 2022 Forum on Affordable Housing Fall Boot Camp, October 13, 2022
• “Public Housing in Year 15,” IPED’s 2022 Tax Credit Property Dispositions Conference, Philadelphia, PA, July 29, 2022
• “Financing Public Housing Redevelopment with Historic Tax Credits,” IPED’s Historic Tax Credit Summit, Washington, DC, June 17, 2022
• “NYCHA PACT Transactions,” NYSAFAH's 2022 Annual New York State Affordable Housing Conference, May 18, 2022 (Speaker)
• “Connecting Public + Private for Affordable Housing Event,” JPMorgan Chase & Co. Headquarters, New York, NY, 4/14/2022 (Speaker)
• “Making Development Work for the Community and the House of Worship,” Enterprise Faith-Based Development Initiative Summit, 11/18/2021 (Speaker)
• “Hotel Conversion Opportunities,” Affordable Housing Webinar, 8/19/2021 (Speaker)
• “Affordable Housing Industry Update,” Pennsylvania Housing Finance Agency (PHFA) and Nixon Peabody, 11/5/2020 (Speaker)
• “Preservation Transactions: Getting Your Deal Closed!” Institute for Responsible Housing Preservation: Affordable Housing Preservation Symposium, New York, NY, 1/22/20 (Moderator)
• “Preservation of 202 Properties Through HUD Rental Assistance Demonstration (RAD) Program Webinar,” Catholic Charities USA, 12/19/19 (Speaker)
• “Tax and Zoning Policies Around New York,” NYSAFAH, Rochester, NY, 9/25/2019 (Speaker)
• “Joint Venture Training for CBOs and CDCs at NYCHA PACT Sites,” Enterprise Community Partners, Inc., New York, NY, 7/11/2019 (Speaker)
• “Holistic Development in Overlooked Areas,” Bisnow DC Metro Affordable Housing Summit, Washington, DC, 3/20/2019 (Speaker)
• “A Closer Look at RAD,” Housing Issues in Focus, New York, NY, 2/6/19 (Speaker)
• “Portfolio Assessment and Strategies: Developer Perspective,” IPED Conference: Tax Credit Property Dispositions, Los Angeles, CA, 11/1/18 (Moderator)
• “Let’s Talk about RAD: CHAP to RCC,” Albany, NY, 9/26/18 (Moderator)
• “Creatives Resources for Affordable Housing: RAD for PRACs,” Catholic Charities USA Annual Gathering, Buffalo, New York, 9/12/18 (Speaker)
• “Faith-Based Development Panel,” Enterprise Faith-Based Development Initiative, Washington, DC, 6/28/2018 (Panel member)
• “HUD PRACs, RAD and more Webinar,” Catholic Charities USA, Webinar, 6/14/2018 (Panel member)
• “The Federal Overlay: New York City Transactions,” New York State Association of Affordable Housing, New York, NY, 5/15/2018 (Panel member)
• “Spotlight on New York City and State Supportive Housing Financing,” Housing Issues in Focus, New York, NY, 4/5/2018 (Moderator)
• “Rental Assistance Demonstration (RAD) Strategies,” NH&RA Annual Meeting, Palm Beach, FL, 2/22/2018 (Panel member)
• “Mixed Use Development: Rethinking Our Commitment to Community Development,” Hand Mixed-Use Forum, Washington, DC, 2/8/2018 (Moderator)
• “NY Supportive Housing Updates: the ESSHI Program,” Housing Issues in Focus, New York, NY, 11/8/2017 (Speaker)
• “Assess Your Rights and Duties at Year 15,” IPED Conference: Tax Credit Property Dispositions, Boston, MA, 10/12/2017 (Speaker)
• “Building Housing with Big Impact,” Upstate New York State Association for Affordable Housing Conference, Buffalo, NY, 9/27/2017 (Moderator)
• “Closing Basics: Handling a Closing with Skill and Efficiency,” American Bar Association Affordable Housing Forum, Washington, DC, 5/25/2017 (Speaker)
• “Preservation Case Study Panel on RAD,” Institute for Responsible Housing Preservation, Chicago, IL, 5/16/2017 (Moderator)
• “Navigating City Approvals: Tax Exemptions and Deed Restrictions,” New York State Association for Affordable Housing, New York, NY, 5/9/2017 (Moderator)
• “RAD: A New Strategy for Public Housing,” New York City Bar Association, New York, NY, 5/4/2017 (Moderator)
• “Affordable Housing Development in DC,” Bisnow DC Region Affordable Housing Conference, Washington, DC, 2/9/2017 (Speaker)
• “New York Update,” Institute for Responsible Housing Preservation, New York, NY, 1/18/2017 (Speaker)
• “Affordable Housing Panel,” Bisnow Multifamily Annual Conference, Washington, DC, 10/20/2016 (Speaker)
• “RAD Update,” CohnReznick Affordable Housing Forum, Philadelphia, PA, 9/21/2016 (Speaker)
• “Portfolio Assessment and Strategies: Evaluating the Market for Property Dispositions at Year 15 and Earlier -Developer Perspective,” IPED Conference: Tax Credit Property Dispositions, Chicago, IL, 9/15/2016 (Moderator)
• “Assess Your Rights and Duties at Year 15,” IPED Conference: Tax Credit Property Dispositions, Chicago, IL, 9/15/2016 (Speaker)
• “The Emerging Landscape: The Rental Assistance Demonstration (RAD) Program,” HAND Affordable Housing Opportunities at the Federal Level, Washington, DC, 9/8/2016 (Moderator)
• “The Emerging Preservation Landscape: The Rental Assistance Demonstration (RAD) Program,” IPED Conference: Transforming Communities with Affordable Housing, Cleveland, OH, 6/30/2016 (Speaker)
• “Winning an RFP,” New York State Association for Affordable Housing, New York, NY, 5/10/2016 (Moderator)
• “The Future of Affordable Housing in NYC,” New York City Bar Association, New York, NY, 5/5/2016 (Speaker)
• “RAD for PRACs,” Leading Age, Syracuse, NY, 4/13/2016 (Speaker)
• “Non-Profit Issues,” Nixon Peabody, Rochester, NY, 4/6/2016 (Speaker)
• “RAD Seminar,” New York Housing Conference, New York, NY, 7/14/2015 (Moderator)