David Hornstein is an associate in Nixon Peabody’s Affordable Housing & Real Estate practice group. He works with a range of clients, from developers to public housing authorities, on affordable housing transactions.
I work with clients on a variety of affordable housing transactions, and I focus my practice on obtaining regulatory approvals from the Department of Housing and Urban Development (“HUD”), as well as other federal, state, and local agencies.
Rising interest rates will present a challenge for housing developers, so we must look for creative ways to generate affordable housing opportunities.
District of Columbia
University of Baltimore School of Law, J.D.
University of Maryland, B.A., Criminology and Criminal Justice
Washington, DC Affordable Housing & Real Estate partner Richard Price and associate David Hornstein contributed this article, which breaks down HUD’s new policy allowing multifamily owners to accept more frequent surplus cash distributions for certain projects.
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