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.
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.
As we move into 2022 and year 3 of COVID issues, housing will reflect the societal and economic changes of the last two years. We have begun to “live with COVID” to a degree. The federal funding infusions, as well as the otherwise-brisk economy, have led more people to seek more and new housing accommodations. Affordable housing preservation and expansion continues to be a top-level issue, more so than for the past generation, and the demand for housing in general and need for affordable housing in particular are likely to continue through 2022. Government programs have taken on even greater importance in the current economy as people seek healthful housing choices.
District of Columbia
U.S. District Court, 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
George Washington University, B.A.
George Washington University, J.D.
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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