Affordable Housing and Community Development Law

Lane Powell provides a full spectrum of legal services for community development activities, including the development of affordable housing, mixed-use development, urban commercial redevelopment, transportation development and economic infrastructure development. We represent private developers, nonprofit project sponsors, lenders and government entities. Our experience ranges from ten-unit farmworker housing projects to award-winning multi-block urban redevelopment projects and the development of major new light rail lines.

Affordable Housing and Mixed-Use Development
The Firm has a strong and experienced group of attorneys who represent parties in affordable housing transactions. Our attorneys have acted as lead counsel in the development, syndication or acquisition of more than 5,000 affordable housing units in projects ranging in value from approximately $2 million to $54 million. These projects have been located in eight different states across the country.

Projects include mixed-income and mixed-use projects, in both urban and rural areas, and transitional housing and projects targeted to specific populations such as the elderly, homeless single men and women, and farmworkers.

We advise clients on both mixed-use and commercial projects financed with the federal historic rehabilitation tax credit.

We represent commercial and nonprofit developers, investors, lenders, syndicators and government agencies in the development, ownership and operation of affordable housing. We have also assisted our government and nonprofit clients in the development of affordable single-family homeownership products and services, and in coordinating policy and service infrastructure development in metropolitan areas.

Financing Sources
We have extensive experience in structuring and closing transactions financed with a broad scope of public and private financing sources, including:

  • Federal low-income housing tax credits
  • Tax-exempt bonds (private activity and 501(c)(3) bonds), including both publicly traded and privately placed bonds
  • Taxable bonds
  • HOME and CDBG funds
  • Federal Home Loan Bank Affordable Housing Program funds
  • State farmworker tax credits
  • State housing trust funds
  • City and county loan and grant funds
  • Transfer of development rights
  • Affordable housing and transit-oriented property tax exemptions
  • Payments in lieu of taxes (PILOT) programs
  • Tax-increment financing
  • HUD and FHA financing, including 202 and 108 programs
  • Conventional construction, bridge and term loans
  • Federal historic rehabilitation tax credit
  • Fannie Mae and other third-party credit enhancement
  • Commercial leases for space in mixed-use facilities
  • Investor equity

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Lane Powell has more than 135 years of commitment to our communities. This commitment is reflected in Lane Powell's hiring and promotion of women and individuals from diverse backgrounds. The Firm has established an attorney Diversity Committee. The Committee is tasked with designing and implementing programs and strategies that promote an inclusive work environment and encourage the development and success of all employees.


MultiCultural Law Magazine Recognizes Lane Powell for Diversity

Lane Powell ranked as one of the country’s top 100 firms for diversity in a recent poll by MultiCultural Law magazine. The annual issue featuring the top ranking firms will be received by many Fortune 500 general counsels, all ABA-approved law schools, as well as a host of national minority and women’s legal organizations. The magazine highlights successful minority and women lawyers. Readers get straightforward interviews with some of the nation’s leading minorities in the legal community. Look for this issue of MultiCultural Law magazine in April 2005.

We are proud of our Firm’s commitment to diversity and our communities. This commitment is reflected in Lane Powell’s hiring and promotion of women and individuals from diverse backgrounds.

The Diversity Committee's mission statement is as follows:


  • Promote, focus and improve the Firm's efforts to recruit, retain and advance attorneys from diverse backgrounds;
  • Promote, both inside and outside the Firm, our commitment to diversity;
  • Provide training to Lane Powell attorneys and staff on issues related to our increasingly diverse community, both inside and outside the Firm;
  • Promote efforts to reach out to the larger legal community to increase diversity in the legal profession;
  • Coordinate firm and individual attorney membership in local and national organizations committed to diversity in the legal profession;
  • Ensure that Lane Powell is represented at local and national events and conferences that focus on and promote diversity in the legal profession; and
  • Serve as a resource for the attorneys within the Firm with regard to developing and implementing strategies and tactics to promote, focus and improve our efforts to recruit, retain and advance attorneys from diverse backgrounds, particularly with regard to mentoring and training attorneys from diverse backgrounds.

Diversity Program

To illustrate Lane Powell’s continuing commitment to diversity, our attorneys have volunteered to participate in a cutting-edge program on racism, race relations, and racial problems in the legal profession. The six-week program, conducted by the Understanding Racism Foundation, included large law firms and was geared toward creating an understanding of the problems faced by minorities in our society. The program’s goal is to awaken participants to the awareness that racial problems still exist in our society, both overtly and subtly. And many individuals are unaware and are influenced by prior generations’ prejudice. It is hoped that this increased awareness will result in a more comfortable work environment for minorities and lead to greater attraction and retention of minorities. This program is ongoing, and Lane Powell is proud to have been the first firm to host it. Our attorneys have also participated in the Pre-law Conference for High School Students of Color sponsored by the American Bar Association and the Washington State Bar Association’s Young Lawyers’ Division.

To incorporate diversity at all levels of staffing, we actively recruit candidates from diverse backgrounds; this supports our commitment to diversity while also creating a team of qualified professionals, a team which we are extremely proud to call Lane Powell.


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