More than 50 years after Martin Luther King’s I have a dream speech, racial discrimination is still at the forefront of American society as evidenced by the widespread civil unrest surrounding police treatment of minorities in local jurisdictions throughout the country. Racial barriers continue to affect our communities, where we live and how housing developments are being developed and financed in the United States. Understand how the financing of affordable housing developments in the U.S. is being affected by a recent Supreme Court Ruling and a new HUD rule on discrimination, disparate impact and the obligation of state and local governments to promote fair housing. Learn about alternative funding sources for developing and financing affordable housing projects as federal law relating to affordable housing becomes increasingly complex and be able to identify tax traps for the unwary in affordable housing deals funded by federal low-income housing tax credits. This topic is essential for multi-family, residential and affordable housing real estate developers and professionals who want to ensure they are up-to-date on the social trends affecting the financing of their projects.
Agenda
Faculty
Paul V. Franke
Polsinelli, P.C.
- Shareholder in the Real Estate and Financial Institutions Practice Group at Polsinelli PC with more than 27 years of sophisticated real estate transactional and finance experience representing local, regional and national for-profit and nonprofit housing developers and financial institutions engaged in the development and financing of affordable multifamily rental and for-sale housing throughout the western half of the United States
- Clients include commercial and nonprofit developers of LIHTC, HUD and 6320 bond- financed projects, local housing authorities, community land trusts, senior housing and continuum of care developers and operators, and developers of transit oriented and mixed use developments
- Regular lecturer on affordable housing topics, including debt and equity financing, development and construction issues
- Can be contacted at 303-583-8240 or [email protected]
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