Richard Michael Price

What do you focus on?

I focus on real estate finance and regulation in four different settings.

Transactional

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.

Regulatory

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.

Litigation

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.

Advocacy

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.

What do you see on the horizon?

I expect Government Sponsored Enterprise (GSE) reform and federal income tax reform to continue as a topic through 2016. Federal policy makers will look for stability to find areas of agreement. I always say you can mortgage stability and expand business. I work on the forefront of many of those changes, advocating for new legislation as well as structuring transactions to adapt to changes.

Publications and Presentations

• “Overview of federal housing structure—HUD non-procurement government contracting,” Lawline CLE webinar, June 13, 2014
• “Fair Housing and Housing Accessibility—An Overview,” Lawline CLE webinar, June 13, 2014
• “Qui Tam,” Lawline CLE webinar, June 13, 2014