Holland & Hart LLP

Holland & Hart's Housing and Community Development Practice assists clients nationwide in the development and financing of multifamily housing, affordable housing, and related projects. With extensive experience in multifamily lending programs, as well as publicly financed bond transactions and tax credit projects, our lawyers engage in virtually all types of housing and community development:

• Multifamily housing
• Affordable housing
• Single-family housing
• Mixed-income/mixed-use housing
• Planned communities and condominiums
• Public housing
• Senior housing and assisted living
• Long-term care and special needs housing

A Team Approach
Our team brings together seasoned counsel with industry experience in real estate, finance, tax, entity, insurance, land use, and public policy to provide clients with pragmatic advice on even the most complex housing and community development transactions. We routinely advise clients on the structuring, strategic planning, construction, development, financing, and tax issues inherent in complex multifamily transactions. Additionally, we represent clients in a full range of ongoing asset management and operational matters, workouts, restructurings, and disputes that arise from troubled real estate assets.

Covering the Market
With more than 15 years of involvement in federal, state, and local housing and community development programs, our lawyers have the deep experience and strong relationships in this complex industry to manage the aspects of any housing or community development project.

We regularly represent many types of clients:

• Housing developers and nonprofit sponsors
• Lenders
• Public housing authorities
• Housing credit agencies
• Syndicators
• Credit enhancers
• Investors

Comprehensive Experience in Complex Housing Issues
Holland & Hart lawyers help clients with the legal aspects of raising and structuring equity capital in tax credit projects. We work with investors and developers to align business goals with qualified We routinely represent lenders and borrowers in conventional financing, construction lending, permanent financing, and direct and secondary subordinate financing. We also advise clients on housing and community development programs and issues, including:

• HUD/FHA Multifamily Loan Programs

– 221 (d)(4)/d(3) for multifamily rental housing projects
– 232/223(f) for nursing homes, intermediate care facilities and
   assisted living facilities
– HUD 202 capital advance loans for supportive housing for low-
   income elderly residents
– Partial payments of FHA insurance claims and mortgage
   restructurings
– Mark-to-market project restructurings

• Tax-Exempt Bond Financing
• Fannie Mae and Freddie Mac Multifamily Loan and Investment Programs

Tax Credits
– Low Income Housing Tax Credits
– Historic Tax Credits
– New Market Tax Credits
– Renewable Energy Credits and Grants

• Home and Community Development Block Grant (Cdbg) Program
• HUD Section 8 and Housing Choice Voucher Rental Assistance Programs
• HUD Hope Vi and Mixed-Finance Programs

Holland & Hart's Statement of Commitment to Diversity
We are proud of our tradition of fostering and maintaining a work environment in which the diversity of each individual is valued and celebrated. We believe that the contributions of each individual are essential to our continued growth and to our ultimate goal of providing excellent quality legal services to our clients, with greater creativity and innovation. We are committed to taking full advantage of the rich backgrounds and abilities of our people and to promoting a greater diversity whenever and wherever possible.

Diversity Pledge
Holland & Hart is committed to promoting diversity by:

• Making every possible effort to recruit, hire, retain, and promote diverse persons at all levels of employment.
• Promoting greater sensitivity to the value of racial, ethnic and other forms of diversity, through diversity and sensitivity coaching or training for law firm members.
• Inviting to partnership diverse attorneys who meet the requisite criteria.

Diversity Initiatives
The following are additional examples of our commitment and efforts toward supporting and achieving diversity:

• We make a conscious effort to ensure that women and diverse attorneys are included as voting members of our committees of importance within the firm.
• We work closely with law school deans and placement directors in an effort to identify women and diverse law students who are interested in working at Holland & Hart.
• Holland & Hart offers medical and other benefits to partners of gay and lesbian employees on the same terms as it does to spouses of employees.
• We created an Indian Law Practice Group and actively recruited Native American law students and lateral hires.
• Each year we contribute to such scholarship funds as the Colorado Native American Indian Scholarship Fund, the Sam Cary Scholarship Endowment Fund, the Colorado Asian American Bar Scholarship Fund, the Colorado Hispanic Bar Scholarship Fund, and the Colorado Women's Bar Association Scholarship Fund.
• In partnership with the University of Idaho School of Law, we sponsor a "Law by Day, Jazz by Night" each year for undergraduate minority students who have an interest in law.
• We took a leadership role in organizing and supporting the Colorado Pledge Group's Minority First Year Law Student Summer Clerk Program. Through this program, law firms agreed to add at least one diverse first year law student to their summer clerk program.
• We were involved in the creation of the Cross-Professional Business Networking Group, where diverse attorneys in our community can meet and network with non-attorney professionals of color. We view this as a way to help diverse attorneys increase their business development possibilities.

For more information regarding Holland & Hart's commitment to diversity, please contact Peter Houtsma at (303) 295-8259.