We are pleased to announce that Teresa M. Santalucia, formerly Senior Counsel at Klein Hornig, was named Partner effective January 1, 2016. Teresa has been with the firm since 2004 focusing her practice on affordable housing, community development activities, and matters of general nonprofit law. Representing a wide range of charitable and other nonprofit organizations, Teresa also regularly assists boards of directors in the development, refinement and updating of corporate documents and the design and implementation of best practices policies. She regularly presents on nonprofit corporate compliance and governance issues. Teresa earned her J.D. from Georgetown University Law Center and currently serves on the Lawyers Clearinghouse Board of Directors, the BBA Tax Exempt Organizations Steering Committee and is an elected commissioner of the Hanson Housing Authority.

The firm would also like to welcome Associate Rebecca Melaas, who will be joining our Boston office mid-January focusing her practice on federal and state income taxation. Before joining Klein Hornig, Becca worked for Locke Lord as a member of the firm’s Tax, Benefits & Compensation Department with current Klein Hornig attorneys, Steve Paul and Katie Day.

It has been another busy year at Klein Hornig, and as we start 2016, we are especially grateful to our clients, staff and all those who help us in our mission to develop and preserve affordable housing and revitalize communities with legal solutions that are smart, efficient and durable.

We welcomed 5 new attorneys to the Klein Hornig team in 2015: Steve Paul, Katie Day, Benjamin Funk, Sara Silverstein and Ross Pini.

We look forward to working with you in 2016!

Klein Hornig would like to congratulate The Community Builders on winning the Urban Land Institute’s (“ULI”) 2015 Jack Kemp Excellence in Affordable and Workforce Housing Award for its work on Charlesview Residences and Town Homes of Brighton Mills, located in Brighton, Massachusetts.

Klein Hornig played a significant role in this project which includes a 28-building, five city block development involving; 25,000 square feet of commercial and community space, rental apartments and middle-income townhomes.

Each year ULI awards the Jack Kemp Excellence in Affordable and Workforce Housing Award to affordable and workforce housing developments that represent outstanding achievements in several areas, including affordability, innovative financing and building technologies, proximity to employment centers and transportation hubs, quality of design, and involvement of public/private partnerships, among other criteria.

For more information on ULI or the 2015 Jack Kemp Excellence Award, please click here.

HUD Updates Section 8 Renewal Policy Guidebook

By Stephen Niles and Ben Funk

Earlier this month, HUD published its updated Section 8 Renewal Policy Guidebook (the Revised Guide or Guide), a critical document that governs the terms and conditions for renewing thousands of project-based Section 8 HAP contracts nationwide. The Revised Guide, which is effective November 5, 2015, addresses some “lessons learned” since the existing Guide was last updated back in 2012 (the Old Guide). The Revised Guide also imposes a few new and potentially significant hurdles for those pursuing renewals.

For a .pdf copy of the entire alert, please click here .

Klein Hornig partner, Steven L. Paul is pleased to provide the 2015 Edition of the Low-Income Housing Tax Credit booklet, which has been distributed for more than 20 years. Steve recently joined Klein Hornig bringing nearly 40 years of experience in tax law with particular emphasis on affordable housing, partnership law and equity financing.

Klein Hornig senior counsel, Katie Day and associate, Emily Blumberg are gratefully recognized as contributors.

For a .pdf copy of the entire booklet, please click here.

On Friday, August 14th Klein Hornig partner Daniel Kolodner participated and moderated two separate panels at the 2015 Massachusetts Historic Preservation Conference in Worcester, MA.

The first panel entitled, “Finance 101,” concentrated on the basic components of financing historic preservation projects in Massachusetts. Specifically, the panel discussed the various financing sources from diverse funders, predevelopment loans, construction financing, permanent financing and owner/investor equity.

Dan later moderated the panel entitled, “Legal Issues in Historic Preservation: Preservation Restrictions and Other Tools,” which solely focused on the legal issues in historic preservation with particular emphasis on preservation restrictions, their purpose, development, qualification under federal and state rules for tax purposes and how these restrictions are monitored and enforced.

For more information on historic preservation, please contact Dan Kolodner or visit the Massachusetts Historic Preservation Conference website.

The Klein Hornig Washington DC office has moved and is currently located at:

1325 G Street NW
Suite 770
Washington, DC 20005

Our new space is easily accessible via Metro Center metro station. Please note, that all of our phone numbers have remained the same.

For a .PDF version of the announcement, please click here.

The Klein Hornig softball team defeated the architects of Davis Square last Wednesday, June 24th, improving their record to 2-0 this season. Team KH had a steady, “move the chains” line-up consisting of Andrew, Emily (making her debut for this season and playing a strong 2B), Jacob (who continues to be the most improved player; last night showing off his wheels), Wat, Brenna, Katie and some help from friends and family.

Next up, KH takes on MHP (Mass Housing Partnership) for a chance to start 3-0 for the first time, ever.

Congratulations to Jonathan Klein who received the Michael Scher Award for outstanding leadership in the field of affordable housing and community development law. This is an annual award given to one individual at the ABA Forum on Affordable Housing & Community Development Law which was held May 21 and 22, 2015 in Washington DC.

STEVEN L. PAUL (PARTNER, BOSTON)
KATHRYN GALBRAITH DAY (SENIOR COUNSEL, BOSTON)
BENJAMIN I. FUNK (ASSOCIATE, DC)

Steve Paul has more than 35 years of experience providing tax and business advice representing developers, syndicators and investors using federal and state tax credits and other incentives for the development of affordable housing, preservation of historic buildings and financing various other projects in low-income communities. Before joining Klein Hornig, Steve was a partner and long-time chair of the Tax, Benefits & Compensation department at Boston’s Palmer & Dodge LLP and its successor firms (most recently Locke Lord Edwards). spaul@kleinhornig.com

Katie Day focuses her practice on federal and state income taxation, including work with tax-exempt entities. She represents developers, syndicators and investors in federal and state tax credit transactions and also joins us from Locke Lord Edwards. kday@kleinhornig.com

Ben Funk comes to Klein Hornig from Volunteers of America, Inc., one of the nation’s largest nonprofit providers of affordable housing, where he served as Assistant General Counsel. Ben has broad affordable housing experience, including with HUD financing and operational and compliance issues for nonprofit sponsors of affordable housing. bfunk@kleinhornig.com

To view a .PDF of the announcement, please click here.