Klein Hornig attorneys are skilled at structuring mixed-use development projects that combine rental housing with community facilities, commercial or retail space. We maximize our clients’ available funding sources by using innovative solutions – "slicing and dicing" real estate with condominium regimes, ground leases and other legal devices. Our approach is both creative and informed, structuring the acquisition, construction and financing to anticipate the needs of lenders, investors and subsidy providers. We work to ensure that projects are not just financially feasible, but return social and economic dividends to the developer and the surrounding community.
We utilize a range of funding sources – private loans and equity, tax increment financing and other abatements, CDBG and HOME funds, and New Markets, Historic and Low-Income Housing Tax Credits. Our lawyers guide clients through the complex and often conflicting regulations that govern each source, identifying the best strategy for each development. These projects defy standardization, and we tailor our solutions to achieve the clients’ goals while remaining sensitive to the constraints of a site and the realities of the development process.