Bradley lawyers have long demonstrated leadership in helping clients navigate the nuanced fields of affordable housing and community development, as well as their unique funding climates. We offer strategic legal advice on regulations and investments to nonprofits, lenders, and other key players, whether on the path to fostering a partnership, closing a deal, or moving a project forward.
With experience at the national, regional, and state levels, we have represented participants throughout the southeast in all aspects of Low-Income Housing Tax Credit (LIHTC) transactions. We closed one of the country’s first new markets for tax credit transactions and have represented public housing authorities, developers, and lenders in transactions in the Rental Assistance Demonstration (RAD) program of the U.S. Department of Housing and Urban Development (HUD).
Our attorneys include a former general counsel to HUD, the outside counsel for several of the most prominent public housing authorities in the southeast, and the outside general counsel of the Alabama Affordable Housing Association (the state’s leading affordable housing trade group).
On the lending and investor side, we combine the skills of our broad banking practice to assist depository institutions in issues that are unique to community development, such as compliance with the Community Reinvestment Act and limitations on the exercise of real estate ownership and development powers.
We bring together a number of substantive areas of legal practice that are critical to affordable housing and community development activities, including:
Bradley attorneys provide legal counsel on a range of issues that are critical to for-profit and nonprofit developers alike, in steps toward acquisition, construction, rehabilitation, and financing. Our strategic advice extends to:
For nonprofits and community developers, as well as investors and lenders, we offer:
With regard to tax implications, our attorneys advise on:
For clients engaged in housing management, we leverage our experience in: