Developing innovative pricing structures and alternative fee agreement models that deliver additional value for our clients.
Advancing professional knowledge and offering credits for attorneys, staff and other professionals.
Helping clients respond correctly when a crisis occurs.
Providing our clients with legal, strategic, and practical advice to make transformational changes in their organizations.
Leveraging law and technology to deliver sound solutions.
Delivering seamless service through partnerships across the globe.
Leveraging leading-edge technology to guide change and create seamless, collaborative experiences for clients and attorneys.
Industry-leading conferences focused on affordable housing, tax credits, and more.
Providing actionable information to support strategic decision-making.
Teaming with clients to advance sustainable projects, mitigate the effects of climate change, and protect our planet.
Offering a range of investment management and fiduciary services.
Bringing together companies and investors for tomorrow’s new deals.
Offering fresh insights on cases that are delayed, over budget, or off-target from the desired resolution.
Courtroom-ready lawyers who can resolve disputes early on clients’ terms or prevail at trial before a judge or jury.
Creating positive impact in our communities through increasing equity, access, and opportunity.
Rick Goldstein has been deeply involved in the low-income housing tax credit since its enactment in 1986 and is a national authority on that program.
Rick represents syndicators, investors, developers and other participants in transactions involving the housing tax credit. His leadership in the affordable housing industry was recognized by Affordable Housing Finance Magazine, which named Rick to its Affordable Housing Hall of Fame in 2014.
I focus my practice in two areas: transactions and public policy, both with the low-income housing tax credit in common. This unique combination has direct benefits to the firm’s clients—I can counsel clients on detailed and complex transactional matters, and can also advise them on how public policy affects current and future business matters.
On the transactional side, I have been representing syndicators, investors and developers in housing tax credit deals since 1987, including acquisitions of project partnerships, dispositions and “upper tier work.” With my breadth of experience, I generally focus on more complex transactions. For example, I recently closed two master lease transactions allowing for separate ownership of market rate and low-income units on behalf of PNC Bank. Representing CREA LLC, I recently closed an urban new construction transaction and a rural rehabilitation deal, each of which involved complex business and tax issues.
My lobbying involved, for almost 30 years, representing the Affordable Housing Tax Credit Coalition, a major Washington DC trade association in the housing credit industry. My transactional experience gives me exceptional credibility in advocating for the housing tax credit from the perspective of a professional in the field. I have developed deep relationships with a number of members of Congress, including those in leadership positions.
Congress recently passed comprehensive tax reform, the effects of which are still being analyzed, but it did continue the housing credit and housing bonds without any change. Congress is considering legislation that, if enacted, would expand and improve upon the housing credit. Despite the industry’s success in maintaining the housing credit and housing bonds, no one should be complacent about continued support for these critical programs. Industry participants need to continue to educate members of Congress on the importance and success of these affordable housing tools.
District of Columbia
Boston College Law School, J.D.
State University of New York at Buffalo, B.A.
Richard was selected, through a peer-review survey, for inclusion in The Best Lawyers in America® 2023 in the field of Real Estate Law. Richard has been listed in Best Lawyers since 2018.
Subscribe to stay informed of the latest legal news, alerts, and business trends.Subscribe