Robinson Cole LLP
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Affordable Housing

Closing Coordination + Construction Funding


We help clients coordinate construction contracts, building permits, and financing documents. For developers and sponsors, we draft and negotiate construction provisions addressing pricing, change orders, warranties, scheduling, completion obligations, and related project requirements.

We work with lenders to establish controls for construction-loan draws, retainage, third-party consultant review, and completion requirements.

Construction is often one of the riskiest phases of an affordable housing project. We help clients allocate responsibility for cost overruns, delays, change orders, warranties, completion obligations, retainage, draw conditions, lien protection, and consultant review. We also help document direct and indirect development costs that may affect eligible basis and cost certification.

By coordinating closing requirements and aligning funding sources with eligible uses, we help clients support funding advances and construction progress, track costs, and sources for later certification, and keep the project positioned for certificate of occupancy, initial lease-up, credit calculation, and permanent debt conversion.