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Affordable Housing

Helping Create Affordable Living Spaces and Desirable Communities

While many firms have experience in affordable housing law, Winthrop & Weinstine, P.A., can truly say our attorneys have the multidisciplinary approach that results in one of the most comprehensive multifamily housing and community development practices in the country. Our attorneys’ expertise extends to affordable housing, public finance, banking, construction, real estate, administrative law and litigation, community development, historic districts and a number of other entities that require a multifaceted hands-on approach to affordable housing and community development.
 
Our lawyers represent clients involved in virtually every aspect of the housing process – developers, national and local nonprofit entities, lenders, mortgage and investment bankers, public housing agencies, managers, contractors, underwriters, mortgage insurance companies and REIT.
 
Our clients include:
  • Developers of government-financed and assisted multifamily housing projects
  • Local housing authorities
  • State housing finance agencies
  • Management agents
  • Financiers and equity syndicators of these projects
  • Other public bodies
 
Members of our affordable housing group counsel clients in the following areas:
  • Low-Income Housing Tax Credits (LIHTC), see below for more information
  • Affordable housing bond issuances
  • Affordable seniors housing/202 prepayments
  • Compliance with antidiscrimination laws
  • Legislative representation
  • Construction issues
  • Defaults, foreclosures, and property disposition
  • Historic Tax Credits
  • Housing litigation and enforcement
  • HUD regulatory compliance
  • HUD-insured multifamily finance
  • Mortgage restructuring
  • New Markets Tax Credits
  • Prepayment and preservations/Section 236 decoupling
  • Public housing privatization
  • Rural Housing Service programs
  • Section 8 contract expiration, renewal, and opt-out
  • State law issues 

Low-Income Housing Tax Credits
We worked on the very first Low-Income Housing Tax Credit (LIHTC) investment to close in Minnesota in 1987, and since that time have represented developer clients in connection with more than 500 projects, which have included the financing of billions of dollars in LIHTC project construction. During that time, we have applied our knowledge and capabilities to become extremely proficient in LIHTC deal structure and finance to the benefit of our clients.
 
We also know how to fix broken deals. As an example, we helped a client acquire the managing interest in a portfolio of approximately 75 LIHTC properties. Over the next year and a half, we helped individually refinance and obtain new LIHTC equity on the 55 most troubled properties. During that process, we cleared up and solved significant varieties of LIHTC compliance and documentation issues, and in the end, our work preserved a vast amount of LIHTC investor equity already in place and exceeded the client’s estimates of the LIHTC available in the portfolio.
 


When it comes to affordable housing and community development projects, Winthrop & Weinstine is the firm of choice for many clients because of the attorneys who take a hands-on approach for creating the best solutions and value for the multiple players it takes to get the deals done. For more information, contact Winthrop today.

 

Professionals

Name

Phone

Email

Shawn W. Alexander
Attorney 
p  (612) 604-6749 
f   (612) 604-6849 
Jacob R. Bean
Attorney 
p  (612) 604-6498 
f   (612) 604-6998 
Catherine M. Cumming
Attorney 
p  (612) 604-6590 
f   (612) 604-6960 
David A. Davenport
Attorney 
p  (612) 604-6716 
f   (612) 604-6816 
Tammera R. Diehm
Attorney 
p  (612) 604-6658 
f   (612) 604-6958 
Jeffrey S. Drennan
Attorney 
p  (612) 604-6730 
f   (612) 604-6830 
R. Benjamin Hanna
Attorney 
p  (612) 604-6723 
f   (612) 604-6923 
Scott D. Jahnke
Attorney 
p  (612) 604-6497 
f   (612) 604-6898 
Erin D. Jones
Attorney 
p  (612) 604-6760 
f   (612) 604-6860 
Norman L. Jones III
Attorney 
p  (612) 604-6605 
f   (612) 604-6905 
Jeffrey J. Koerselman
Attorney 
p  (612) 604-6702 
f   (612) 604-6802 
Cornelius (Neil) Mahoney
Attorney 
p  (612) 604-6596 
f   (612) 604-6873 
Paul K. Manda
Attorney 
p  (612) 604-6759 
f   (612) 604-6956 
Paul W. Markwardt
Attorney 
p  (612) 604-6643 
f   (612) 604-6843 
Erin E. Mathern
Attorney 
p  (612) 604-6609 
f   (612) 604-6909 
Kevin M. McLain
Attorney 
p  (612) 604-6563 
f   (612) 604-6963 
John D. Nolde
Attorney 
p  (612) 604-6720 
f   (612) 604-6820 
Jon L. Peterson
Attorney 
p  (612) 604-6736 
f   (612) 604-6936 
Kristin A. Proctor
Attorney 
p  (612) 604-6434 
f   (612) 604-6934 
Brett D. Siglin
Attorney 
p  (612) 604-6476 
f   (612) 604-6876 
Robert P. Singleton
Attorney 
p  (612) 604-6525 
f   (612) 604-6925 
Ann M. Steingraeber
Attorney 
p  (612) 604-6531 
f   (612) 604-6931 
John M. Stern
Attorney 
p  (612) 604-6588 
f   (612) 604-6988 
Todd B. Urness
Attorney 
p  (612) 604-6657 
f   (612) 604-6857 

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