Jeremy Busch

/My focus

The heart of my practice is transaction management and helping clients get to closing with minimal friction. In particular, my work proposing solutions and achieving success with regard to complicated title issues is notable and includes: gore parcels, gaps in chain-of-title, discrepancies in property descriptions and other competing possessory interests. I work closely with my clients to identify organizational structures to make their deals financeable. In particular, I’ve closed deals with sources including low-income housing tax credits, federal and state historic tax credits, FHA-insured loans, equity bridge financing, taxable and tax-exempt bonds, among others. Currently, a substantial portion of my practice encompasses public housing repositioning under the New York City Housing Authority’s Permanent Affordability Commitment Together initiative, an implementation of HUD’s Rental Assistance Demonstration (RAD) program, and with the New York City Public Housing Preservation Trust.

/Looking ahead

As the country contends with deteriorating post-war affordable housing stock, state and local governments will develop new programs to incentivize preservation of existing units and low-income unit scarcity will precipitate new government-backed tax credit and subsidy regimes to promote new construction in neighborhoods not historically zoned for residential properties. Renewed focus on increased street homelessness and an aging U.S. population will inspire new initiatives to provide a full array of social services to accompany low-income housing, creating new multi-modal partnerships between developers and nonprofits. Additionally, as our politics become increasingly focused on affordability at all incomes, I expect federal, state, and local governments will identify new financing sources and create programs that propagate new units on government-owned land and near transit-hubs, considering adaptive reuse of existing structures.

/Insights

• “Affordable Housing Title Issues,” The Annual New York State Affordable Housing Conference, May 14, 2025