Practice Details

Affordable Housing

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Lubin Olson's Affordable Housing Practice Group has extensive experience in affordable housing transactions, normally representing the owners or developers.  We have represented clients in the acquisition, rehabilitation, financing and development of thousands of affordable housing units using tax-exempt bond and low-income housing tax credit financing, as well as financing insured by the United States Department of Housing and Urban Development (HUD). We work closely with attorneys and program staff at a variety of public agencies, including HUD, the California Department of Housing and Community Development, the Housing Authority of the City and County of San Francisco, and San Francisco’s Mayor’s Office of Housing and Community Development, among others.  We have handled affordable housing transactions throughout California, Arizona, New Mexico and Hawaii.  We assist our clients in navigating the intricacies of HUD program requirements, including programs such as HOME, HOPE VI, Section 8 Certificates and Vouchers, FHA Insurance, Section 223(a)(7), Section 236, Section 202, and Rental Assistance Demonstration.

Lubin Olson's Affordable Housing Practice Group regularly advises our clients in the review of ground leases, loan documents, bond documents, partnership agreements, regulatory agreements, due diligence materials, architect and construction agreements, title policies and surveys, covenants and restrictions, easements, and licenses.  As our clients’ projects often involve multiple layers of financing and a combination of construction debt, permanent debt, tax-credit equity and subordinate debt from various public agencies, we help review, negotiate, and analyze our clients’ issues relevant to their roles in the housing process to ensure a successful transaction.