 

617 224 0606
jklein@kleinhornig.com

Low Income Housing Tax Credits
Cooperatives and Condominiums
Zoning and Land Use
Construction Contracts and Related Matters
Charter Schools
New Markets Tax Credits
Jonathan Klein returned to private practice in 2002 after serving as General Counsel and Senior Vice President of The Community Builders, a major national nonprofit developer, housing manager and service provider. Prior to joining The Community Builders, Jonathan was an associate attorney at the Boston firm of Brown Rudnick Freed and Gesmer, where his primary practice was in commercial real estate with a concentration on affordable housing and community development law.
Throughout his career, Jonathan has been responsible for a wide variety of affordable housing transactions, including many dozens of tax credit projects in various states, creation and management of tax credit funds, 501(c)(3) and private activity bond transactions, cooperative and other resident controlled developments, expiring use projects under a variety of Federal programs, acquisition and redevelopment of distressed HUD projects, and HOPE VI / public housing redevelopment projects. Recently, Jonathan has represented a number of charter schools and other nonprofit organizations in complex New Markets Tax Credit (NMTC) transactions.

Massachusetts

University
of Michigan Law School, JD, 1981, magna cum laude,
Order of the Coif
University
of Michigan College of Literature Science and the Arts,
BGS, 1974, high honors

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Counsel to a CDC a northeastern city in the bargain sale, investor buy out and refinancing (utilizing tax exempt bonds and low income housing tax credits) of 250+ unit affordable housing development |
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Counsel to a resident cooperative corporation in connection with the development a 50 unit, resident controlled syndicated mixed income cooperative utilizing historic tax credits (1986), and the subsequent refinancing and transfer of the property to the resident cooperative (2004) |
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Counsel to a major regional nonprofit in connection with acquisition and financing of approximately 1,000 units in 4 projects in Florida using 501(c)(3) bonds |
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Represented a local nonprofit organization in the acquisition and financing (in 1988 1989) of a 300+ unit expiring use project, utilizing a wraparound mortgage and low income housing tax credits, and in the investor buyout and conversion to a nonprofit owned development controlled by the residents in 2005 2007 |
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Represented a major regional nonprofit organization in the financing and syndication of various preservation projects, including the redevelopment of the a historic 450+ unit mixed rental and ownership project utilizing low income housing tax credits, historic tax credits, tax exempt bonds and local gap funding |
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Counsel to various charter schools in recapitalizations utilizing new market tax credits and tax exempt bonds |
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Federal counsel (with local counsel assistance) to a housing authority in a Midwestern state for its $40+ million HOPE VI redevelopment of a distressed public housing project as mix income, mixed financed housing |
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Counsel to several cohousing groups in Massachusetts in connection with all aspects the development of 24 36 unit, new construction cohousing communities |
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Counsel to a major regional nonprofit in connection with acquisition, financing and refinancing of a 100,000 square foot office building devoted solely to nonprofit tenants |
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Represented a YWCA in the financing and renovation of its historic headquarters as mixed income housing, nonprofit offices and retail / commercial space utilizing low income housing tax credits, historic tax credits, and a variety of public and private mortgage loans |
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Counsel to a charter school in financing the acquisition and expansion of its facilities with New Markets Tax Credits and Qualified Zone Academy Bonds |

“Nonprofit
Guaranties in Tax Credit Transactions,” with
Roberta Rubin, Esquire, Journal of Affordable Housing
and
Community Development Law, Fall 1999
“Tax
Exemption for Organizations: Finally, Safe Harbor is
Truly Safe,” with Jennifer Gilbert, Esquire, Journal
of Affordable
Housing and Community Development Law, Summer 1995
“The
Low-Income Housing Tax Credit: Federal Help for
Low-income Housing,” with Lynn Wherli, Boston Bar
Journal,
July/August 1990 and Connecticut Real Estate Journal,
October 1990
“Using
the Low-Income Tax Credit to Develop Cooperative
Housing,” Cooperative Housing Bulletin, September/October
1990
“Legal
Aspects of Cooperative Housing,” with John Achatz,
Esquire, May, 1989 (published privately)

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Congregation Temple Beth Zion, Brookline, Massachusetts, President (current) |
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Lawyers’ Clearinghouse on Affordable Housing and Homelessness, a joint project of the Boston and Massachusetts Bar Associations, founding Steering Committee Member (1988 1994) and pro bono attorney (current) |
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Member, Campus Cooperative Hall of Fame (awarded by North American Students of Cooperation, 1997) |
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Association for Resident Control of Housing, Boston, Massachusetts, founding Director (1982 1994) and President (1988 1990), and recipient of Distinguished Cooperation Award (1999) |
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