Category Archives: Housing Finance

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Rick Lazio Speaks with Affordable Housing Finance on Key Housing Issues Coming in 2017

Jones Walker Affordable Housing Team Leader Rick Lazio speaks with Affordable Housing Finance on “Key Housing Issues Coming in 2017.” We have got an enormous opportunity to make the case to close the gap in the affordability of housing …We need the resources and creativity and the leadership to get the job done. Rick also … Continue Reading

Rick Lazio Speaks with Housing Wire Magazine on How Housing and Healthcare Go Together

Rick A. Lazio, a partner on the firm’s Affordable Housing Team, was recently interviewed for the article “Here’s one way housing and healthcare go together” in HousingWire magazine. Rick spoke about how the healthcare industry and housing industry cross paths in many situations and there are thousands of Americans in hospitals that don’t want to … Continue Reading

Lawlor Presents at Urban Land Institute

Brian Lawlor, Special Counsel on the firm’s Affordable Housing Team, presented and moderated the Urban Land Institute’s Forum panel “Creating Affordable Housing.” The discussion included a private developer, a not for profit developer, and the Housing Authority of New Orleans. The Urban Land Institute (ULI) also welcomed Stockton Williams, Executive Director of ULI’s Terwilliger Center … Continue Reading

Hollis and Jackson Speak at ABA Forum on Affordable Housing and Community Development Law Fall Boot Camp

Jones Walker Affordable Housing Team members Alysse Hollis and Toni Jackson were panelists at the American Bar Association’s Forum on Affordable Housing and Community Development Law Fall Boot Camp in Cleveland, Ohio. Ms. Hollis’ session, “Tax Exempt Bonds for Affordable Housing,” focused on the underlying rules for tax-exempt bond financing for affordable housing and the … Continue Reading

Lawlor Published in Commercial Observer

Brian E. Lawlor, special counsel in the firm’s Affordable Housing Practice Group in the New York and New Orleans offices, recently authored the article, “All Affordable Housing Development Is Local,” in the Commercial Observer. In the article, Mr. Lawlor discusses how grass roots support is the key component of success for any affordable housing development.… Continue Reading

Rick Lazio to speak at AHDC 2016 Policy Conference

Rick A. Lazio, a partner in the firm’s Affordable Housing Practice Group in the New York office, will speak at the Affordable Housing Developers Council (AHDC) Policy Conference being held in New York City on September 9, 2016. The AHDC is the coalition representing Affordable Housing Developer CEO’s from around the country and matures the … Continue Reading

Federal Banking Regulators Update CRA Guidance for CDFIs and Historic Tax Credits

by Neal C. Wise The OCC, Federal Reserve and FDIC recently adopted final revisions to the Interagency Questions and Answers Regarding Community Reinvestment (Q&A) based on proposals the agencies issued September 10, 2014. The revisions – which clarify nine Q&As, revise four Q&As and adopt two new Q&As – provide guidance as to how banks … Continue Reading

IRS Clarifies Income Inclusion Rules in Section 50(d)(5) for Partnerships and S Corporations

On July 21, 2016, the IRS released temporary and proposed regulations that address income inclusion with respect to lessees of investment tax credit property when owners treat the lessees as having acquired the property for investment tax credit purposes. The rules apply when a partnership or an S corporation1 leases property from the owner and the … Continue Reading

Raising the Volume on America’s Rental Affordability Crisis

Rick A. Lazio, a partner on the firm’s Affordable Housing Team in the firm’s New York office, recently co-authored the article “We need to raise the volume on America’s rental affordability crisis” in HousingWire magazine. The article discusses the need to bring attention to the rental affordability crisis at the local and national level. Rick … Continue Reading

Affordable Housing Takes Front Seat at New Orleans Mayor’s 2016 State of the City

In his 2016 State of the City, New Orleans Mayor Mitchell J. Landrieu unveiled an ambitious 5 year affordable housing plan which calls for the development and preservation of 7500 affordable housing units, supports mixed income developments and commits $17 million per year in resources to support the plan. In coordination with the Mayor’s announcement, … Continue Reading

Toni Jackson Presents at NALHFA

Antoinette M. “Toni” Jackson presented at the annual conference of the National Association of Local Housing Finance Agencies (“NALHFA”) held in Dallas, Texas. Toni was on the panel entitled “How New Fair Housing Rules Impact Local Affordable Housing Activity”. She spoke about last year’s Supreme Court ruling in the TDHCA vs. ICP lawsuit and how … Continue Reading

Alysse Hollis Presents on the ABA’s Forum on Affordable Housing and Community Development Law Webinar

Jones Walker LLP Affordable Housing Team Member Alysse Hollis presented on a panel for the American Bar Association’s Forum on Affordable Housing and Community Development Law webinar, ‘Multiple Challenges of Multiple Building Projects” on March 1, 2016. The webinar focused on the challenges and opportunities that are posed by affordable housing transactions involving scattered sites … Continue Reading

Federal Visa Program is an Innovative Financial Tool

Given the increasing pressure on various gap financing tools such as the federal HOME program as well as state and local programs, affordable housing developers should be exploring innovative sources of funding. One program which has been used by some of the most successful conventional real estate developers is the federal EB-5 Visa program. The … Continue Reading

OHFA Multifamily Bond Gap Financing Program

The Ohio Housing Finance Agency (“OHFA”) will accept applications until 4 p.m. Eastern time on October 1, 2015 for its Multifamily Bond Gap Financing Program. Applications can be accessed here. OHFA plans to make approximately $5 million of funding available in 2015 for the financing of new construction and/or rehabilitation of multifamily residential rental units. … Continue Reading