It is my mission in life to help create and preserve the most quality affordable housing for people that I can. I work tirelessly to help clients overcome complex structuring issues and strategizing how to secure needed financing to make sure projects get closed and built. I am driven by this mission; and I appreciate and truly cherish the opportunity to help likeminded partners accomplish their goals.
Dimitri McDaniel focuses his practice on structuring, negotiating, closing, and preserving affordable multifamily housing projects. Through his representation of for-profit and non-profit developers, Dimitri assists clients through all phases of their LIHTC transaction, including acquisition, financing applications, joint venture partnerships, long-term ground leases, tax-exempt bonds, construction and permanent debt financing, layers of local/state subordinate debt or mezzanine debt, and complex Hybrid 9-4 Twinning structures and other multi-phase and mixed-use redevelopment projects. To support growing clients, Dimitri has cultivated a construction law practice and nonprofit organization practice ensuring that every client can feel confident that their deal and corporate needs are adequately addressed.
In connection with his preservation efforts, Dimitri counsels on year-15 investor exits, exercising statutory right of first refusal (ROFR), and leveraging tax incremental financing and available tax abatement programs to preserve existing affordable housing. With extensive experience navigating the Virginia LIHTC ecosystem, Dimitri advocates for greater funding subsidies, tax relief, permanent supportive housing assistance, and collaboration among stakeholders to ensure the success of future Commonwealth projects. In the District of Columbia, Dimitri has a growing expertise in TOPA compliance, tax-exempt structuring, and sourcing and closing complex District projects.
Clients appreciate Dimitri’s extensive knowledge and that he is the type of passionate advocate that complex affordable housing projects requires. Clients benefit from his background in both the public sector and nonprofit organizations, which give him keen insight and a holistic perspective on how various entities operate and how to best deal with prospective joint venture partners, public housing authorities, and government agencies. In uncertain times, clients can rely on Dimitri will fight to get the job done.
