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    1. Home
    2. People
    3. Anthony D. RuvoloPeople
    1. Home
    2. People
    3. Anthony D. RuvoloPeople

    Anthony D. Ruvolo

    Counsel


    • Washington, DC
    • Office202.585.8820
    • aruvolo@nixonpeabody.com
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    Introduction

    Anthony Ruvolo draws upon more than 20 years of experience with HUD to navigate owners and developers through the regulatory maze of affordable multifamily rental housing. His experience and creativity are integral to the Affordable Housing group’s ability to generate solutions and maximize value for our clients.

    Practice Areas

    Affordable HousingAffordable Housing RegulatoryReal Estate

    Industries

    Real Estate

    My focus

    I primarily advise owners and buyers of multifamily rental properties regarding their options, obligations and opportunities under government programs for rental assistance, mortgage subsidies, tax credits, grants and loans. I aim to distill the complex rules, arcane program distinctions, and unwritten practices and policies into practical guidance and clear proposals that take advantage of the most recent developments.

    Preservation Transactions

    I focus in obtaining approvals and waivers for complicated preservation transactions that involve a variety of HUD programs and novel issues. I recently helped a developer to obtain HUD approvals for a five-phase redevelopment, which included deferring a flexible subsidy loan, releasing the flexible subsidy mortgage by phase, splitting the HAP contract by phase and decoupling the interest subsidy.

    Due Diligence and Regulatory Review

    I analyze projects to determine restrictions and opportunities concerning Section 8 rent increases and renewals, affordability, distributions, prepayments and vouchers. I’m assisting an owner’s efforts to overturn a liability judgment on a $4.8 million claim where neither the owner’s trial counsel nor the court realized that the claim is based upon an inapplicable HUD regulation.

    Transfers and Compliance

    I’ve helped numerous buyers and sellers, including REITs, to obtain regulatory approvals to transfer portfolios, projects and ownership interests. I also assist owners with eligibility and compliance issues such as previous participation review, audits and REAC inspections.

    Looking ahead

    Budget cuts likely will force HUD to develop preservation tools using existing resources. This presents an opportunity to apply our detailed knowledge to propose and support policies promoting preservation.

    Insights

    • “HUD Multifamily Update” IRHP NYC Affordable Housing Preservation Symposium 2023, New York, NY, March 1, 2023
    • “Section 8 Renewals,” Institute for Responsible Housing Preservation Virtual Seminar, September 21, 2021

    Admitted to practice

    District of Columbia

    Education

    Georgetown University, J.D.
    University of Pennsylvania, B.A.

    In the News

    • Affordable Housing Finance

      New life for Section 8 mark-to-market properties

      Washington, DC Affordable Housing & Real Estate partner Steve Wallace and counsel Anthony Ruvolo co-wrote this article discussing a provision of the Consolidated Appropriations Act of 2023 that provides relief for Section 8 mark-to-market property owners.

      Jan 11, 2023
    • Seniors Housing Business

      Nixon Peabody Arranges $48.8M in Financing to Upgrade Two Wollaston Affordable Communities Near Boston

      The following article cover NP’s role in securing financing deals for client Wollaston Lutheran Housing, allowing the affordable-housing provider to substantially upgrade two properties in Quincy, MA. Boston Affordable Housing & Real Estate partner Jeff Sacks led the deal team, which also included Boston associates Ali Walendziak and Alexander Rosso, and Washington, DC counsel Anthony Ruvolo, all of the Affordable Housing & Real Estate group.
      Oct 6, 2020
    • REBusinessOnline

      MassHousing Provides $28.9M Loan for Refinancing of Multifamily Asset in Metro Boston

      The following article cover NP’s role in securing financing deals for client Wollaston Lutheran Housing, allowing the affordable-housing provider to substantially upgrade two properties in Quincy, MA. Boston Affordable Housing & Real Estate partner Jeff Sacks led the deal team, which also included Boston associates Ali Walendziak and Alexander Rosso, and Washington, DC counsel Anthony Ruvolo, all of the Affordable Housing & Real Estate group.
      Oct 5, 2020
    • Connect Media CRE

      Nixon Peabody Secures $29M Refinancing for Affordable Housing Development in Quincy

      The following article cover NP’s role in securing financing deals for client Wollaston Lutheran Housing, allowing the affordable-housing provider to substantially upgrade two properties in Quincy, MA. Boston Affordable Housing & Real Estate partner Jeff Sacks led the deal team, which also included Boston associates Ali Walendziak and Alexander Rosso, and Washington, DC counsel Anthony Ruvolo, all of the Affordable Housing & Real Estate group.
      Oct 5, 2020

    Insights And Happenings

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    • Alert

      Omnibus funding bill includes major change for Mark-to-Market properties

      Dec 22, 2022
    • Alert

      HUD addresses HOME-American Rescue Plan Program in Notice CPD-21-10

      Sep 16, 2021
    • Article

      HUD Issues New HOTMA Regulations

      Sep 26, 2019
    View All

    Professionals in the Practice Area

    View All
    • Deborah VanAmerongen

      Strategic Policy Advisor / Deputy Practice Group Leader, Affordable Housing & Real Estate
      • New York
      • Office:212.940.3054
      • dvanamerongen@nixonpeabody.com
      Deborah VanAmerongen
    • Joseph J. Lynch

      Partner
      • New York
      • Office:212.940.3717
      • jjlynch@nixonpeabody.com
      Joseph J. Lynch
    • Susanna Mitchell

      Partner
      • Washington DC
      • Office:202.585.8150
      • smitchell@nixonpeabody.com
      Susanna Mitchell
    • Meghan C. Altidor

      Partner
      • New York
      • Office:212.940.3021
      • maltidor@nixonpeabody.com
      Meghan C. Altidor
    • Aaron J. Yowell

      Partner
      Chief Innovation Officer
      • New York
      • Office:212.940.3161
      • ayowell@nixonpeabody.com
      Aaron J. Yowell
    View All

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