Klein Hornig’s lawyers have played an integral part in the revitalization of public housing developments over the past 15 years, representing many public housing authorities and their private development partners. Central to this work is the mixed-finance model – combining public housing capital funds and special grant sources such as HOPE VI (the HOPE VI/mixed-finance program was designed and implemented by Chris Hornig during his tenure at HUD), Choice Neighborhoods, or ARRA, with Low-Income Housing Tax Credit equity and other sources. Increasingly, these projects also include project-based vouchers directly from a housing authority or, now, from HUD under the Rental Assistance Demonstration (RAD) program. Our lawyers have worked on hundreds of mixed-finance projects producing tens of thousands of units of housing across the country, transforming obsolete and distressed public housing developments into sustainable mixed-income communities.
Klein Hornig attorneys also advise housing authorities on the business, regulatory and tax issues involved in establishing affiliates and instrumentalities, as well as a broad range of operating and administrative issues arising under the U.S. Housing Act of 1937, regulations, and administrative guidance.