Our firm has a longstanding commitment to the representation of public, private, and nonprofit lenders in financing the acquisition, construction, rehabilitation, development, and preservation of affordable, middle income, mixed income housing properties and mixed-use properties across the county.
Our Affordable Housing + Finance practice group works alongside your team as trusted advisors and dependable partners to leverage our collective experience in helping you strategize, structure, and execute on your transactions. Our dedicated team of over 40 lawyers and paraprofessionals is focused and committed to empowering you with an awareness of not only the latest developments and trends, but also the historical context of many of the technicalities and nuances that impact these transactions. We understand the dynamics of the transactions and the meaning of deadlines and strive to keep you one step ahead. Our national reputation is built on the quality of our work, our systematic efficiency, and our willingness to innovate and collaborate. We work tirelessly to help you achieve your closing objectives while looking out for your financial, legal, institutional, and reputational interests.
Our Services
Our lawyers close several hundred transactions, representing several billions of dollars of debt financings annually on behalf of:
- Commercial banks
- Investment banks
- Freddie Mac
- Freddie Mac Optigo lenders
- Fannie Mae DUS lenders and servicers
- Mortgage banks
- Nonprofit lenders
- Letter of Credit issuers
- Private funds
We navigate federal, state, and local subsidy and incentive programs to integrate the myriad of requirements as they relate to programmatic and proprietary lending structures for:
- Acquisition and bridge financing
- Construction and rehabilitation loans
- Tax exempt private placement bond financings
- Tax exempt back-to back loans
- Freddie Mac tax exempt loans (TEL)
- Fannie Mae and Freddie Mac credit enhancements
- Fannie Mae and Freddie Mac taxable loans
- Forward commitment transactions
- 9% LIHTC financings
We also support our clients’ portfolio needs in areas such as:
- Loan participations and syndications
- Individual and portfolio loan purchases and sales
- Asset management issues
- Loan workouts and restructuring
Public Finance
We have provided bond counsel services for securities offerings by states, municipalities, public authorities, and agencies for more than 60 years. As one of the first recognized bond counsel firms in the country, we have been listed in The Bond Buyer's Municipal Marketplace (Red Book) since the early 1940s.
Today, our attorneys rank among national and regional leaders as bond counsel and underwriter’s counsel. Using multiple sources of funding, we serve as bond counsel to housing authorities throughout the country on many financings, including capital funds revenue bonds, private placements, and credit-enhanced transactions.
Our Team
Our team of 22 partners, 15 counsel and associates, and 10 paraprofessionals situated across the R+C offices constitutes one of the largest Affordable Housing Finance practices in the nation.
To provide our clients complete support on all aspects of their finance transactions, our Affordable Housing Finance team regularly collaborates with lawyers throughout our firm’s other practice groups, including:
- Business Transactions
- Construction
- Environmental, Energy + Telecommunications
- Land Use
- Real Estate + Development
- Tax + Exempt Organizations
- Real Estate Litigation
- Bankruptcy
Our strong working relationships with government housing authorities and housing finance agencies across the country are instrumental in facilitating complex transactions. We are also committed to helping you meet your affordable housing objectives and fulfill your obligations under the Community Reinvestment Act.
Whether you represent a commercial bank, mortgage bank, or private or nonprofit lender in the affordable housing arena, our Affordable Housing Finance practice group has the proficiency to bring your finance transaction from conceptualization to closing.



