CLG’s Affordable Housing and Community Development Practice Group is a multi-disciplinary group of seasoned attorneys and former government officials who assists clients with their affordable housing, senior housing, assisted living, mixed finance, multifamily housing and community development matters.

Our attorneys represent developers, lenders, owners, investors, syndicators, general contractors, states and municipalities on the development and finance of projects from the initial analysis, structuring and strategizing to the closing and post-closing restructuring and compliance for successful project development.

We represent both buyers and sellers of commercial and residential real estate and parties to commercial leases and often advise foreign investors with their tax and other concerns when purchasing or investing in real estate in the United States and Puerto Rico.

We also regularly represent lenders and borrowers in complex financing transactions involving commercial, retail, residential, and industrial real estate. Our attorneys have experience with the formation of joint ventures, general and limited partnerships, limited liability companies, business trusts, and other investment vehicles, and creation of credit facilities with complex terms.

Our attorneys’ expertise includes:

  • Secured lending
  • Acquisition financing
  • Construction and permanent mortgage financing
  • Loan Syndications and participations
  • Letters of credit
  • EB-5 Financing
  • Tax-exempt bond financing for housing and community development
  • 4% and 9% Low Income Housing Tax Credits (LIHTC), Historic Tax Credits (HTC) and New Market Tax Credits
  • Energy conservation financing programs, including energy performance contracting (EPC) and power purchase agreements (PPA)
  • Use of the Qualified Opportunity Zone (QOZ) program to finance residential rental housing

Our multidisciplinary team derives experience from our Business & Corporate, Real Estate & Real Estate Finance, Securities, Taxes, Tax Credits, Economic Incentives, EB-5, Qualified Opportunity Zones and Green Energy practices to guide clients through the requirements and intricacies of transactions in an effort to help make their affordable housing and community development projects viable and more efficient.