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.
2020 seems to be a year of change, already. Housing production demand remains high, and a good interest rate environment continues. Market conditions are favorable for more affordable housing, but regulatory barriers and changes are creating a drag on production. Opportunity Zones have been helpful, but more for commercial development than for housing.
Politico | May 14, 2020
This roundup of lobby hires mentions that apartment industry advocacy group National Multifamily Housing Council has hired Washington, DC, Affordable Housing and Real Estate partner Richard Price to lobby on amendments to the CARES Act.
Affordable Housing Finance | March 31, 2020
Washington, D.C. Affordable Housing and Real Estate partner Richard Price shares his perspective on the early impact of COVID-19 on the affordable housing industry, including how the federal government should respond.
Affordable Housing & Real Estate Alert | 08.14.20
Affordable Housing Alert | 07.27.20
Coronavirus Stimulus & Relief Alert | 06.04.20
Coronavirus Stimulus and Relief Alert | 05.28.20
Webinar Recording | 05.26.20
Coronavirus Stimulus & Relief Alert | 05.14.20
Coronavirus Stimulus & Relief Alert | 05.13.20
Coronavirus Stimulus & Relief Alert | 05.06.20
Coronavirus Stimulus and Relief Alert | 04.24.20
06.11.20 | Webinar
03.31.20 | Webinar
10.07.19 | Webinar
03.04.19 | Washington, DC
11.14.18 | Chicago, IL
George Washington University, J.D.
George Washington University, B.A.
District of Columbia
U.S. District Court, District of the 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
Richard was recognized in the 2014 edition of Washington, DC, and Baltimore's Top Rated Lawyers, a joint publication by ALM and Martindale-Hubbell. In 2003, he received the outstanding Leadership Award from the Apartment and Office Building Association of Metropolitan Washington (AOBA). In 2002, Richard received a Pro Bono recognition award from the Neighborhood Housing Services of New York City, Inc. He is AV Peer Review Rated by Martindale-Hubbell.