Klein Hornig works with nonprofit, for-profit and public developers to build and rehabilitate affordable housing across the country. Our clients range from nationally-recognized developers building entire neighborhoods to community-based organizations building a dozen scattered-site homes at a time. We structure and close transactions using a full range of funding sources, creating financing strategies that match programs, minimize conflicts between sources, and close expeditiously. Our projects use funding from housing tax credits, Section 8 rental assistance, tax-exempt bonds, construction loans from local banks, state and local programs, and more.
Our lawyers assist with the entire development process – from site control to closing – as well as post-closing asset management and refinancing activities. We combine our intricate knowledge of funding programs with a strong foundation in real estate "dirt" law, assisting clients with construction contracts, title policies, purchase and sale agreements, and condominium documents. In our home jurisdictions, we also offer full land use and permitting services and have secured approvals for a number of complex and novel developments in a range of settings.