direct phone: (202) 349 2466 direct fax: (202) 349 2467 email: jlee@renocavanaugh.com	Hometown: Ossining, NY   Education: Harvard Law School, J.D.   Yale University, B.A. in English Literature cum laude   Bar Admissions: California bar (inactive) District of Columbia bar
Jaime Lee manages mixed-finance transactions from inception to closing, and counsels clients on a variety of regulatory and HUD issues. Jaime handles a wide range of deals, including those involving tax credits, pledges of Capital Funds, condominiums, homeownership units, market rate units, HOPE VI funds, operating subsidy-only units, Replacement Housing Factor funds, FHA funds, conventional public housing units, elderly-only units, receivership issues, and participation by housing authorities as developer and as general partner of a tax credit owner entity. Her regulatory and HUD expertise includes procurement, Requests for Proposals, grants administration, Moving to Work agreements, and housing authority affiliates issues.   Selected Recent Transactions Represented the receiver for a large housing authority in a transaction involving both rental and homeownership condominium units, requiring a bifurcated ownership structure and multiple phased conversions of units from regulatory encumbrances. For one year, spent 1-2 days per week on-site inside the general counsel’s office of a large housing authority, working with staff attorneys, program staff and other outside counsel on a variety of mixed-finance, Section 8, procurement, and affiliate issues. Drafted comprehensive overview of key mixed-finance issues and the mixed-finance process to assist in the training of newly-hired inhouse housing authority counsel. Closed numerous coordinated phases consisting of HOPE VI homeownership units, conventional public housing rental units, and market-rate homeownership units. Advised a housing authority on the board structure of a non-affiliated, but wholly-controlled entity; advised with respect to procurement requirements related to this entity; and counseled on the proper relationship of the housing authority to the entity in light of Inspector General concerns. Researched applicability of procurement regulations to the selection of a “constructor,” or a construction manager with certain additional construction responsibilities. Major Prior Work Experience   Jaime formerly practiced land use law in Los Angeles, where she represented a variety of non-profit and for-profit developers in matters of real estate, historic preservation, environmental reviews, and municipal law. Jaime also clerked for two years for a federal district judge in Philadelphia. While in law school, she worked for a state affordable housing agency, the National Trust for Historic Preservation, a student organization representing public housing tenants in grievance procedures, and a municipal law firm representing dozens of jurisdictions in Massachusetts. She also trained mediators to handle small-claims cases with the Harvard Mediation Project. Law clerk to the Honorable Marvin Katz, Eastern District of Pennsylvania, Philadelphia PA, 2000-2002 Latham & Watkins, Los Angeles CA 1999-2000, Associate Speaking Engagements/Publications Author, "Public Housing Affiliates 101," Journal of Housing and Community Development, (Volume 65, Number 1, January/February 2008) Author, "How HUD Can Support Its Vision of Entrepreneurship for Public Housing Authorities," Journal of Housing and Community Development, (Volume 63, Number 6, November/December 2006) Co-author, 2006 revision of “Sources of Capital: Public Housing Funds” (chapter in Developing Affordable Housing: A Practical Guide for Nonprofit Organizations (Bennett Hecht ed., 3d ed. 2006) Co-author, “Comment: Confidentiality in Mediation,” 3 Harv. Neg. L. Rev. 285 (1998) Awards, Community and Professional Activities  Advisory Committee Member, Community Economic Development Project, District of Columbia Bar Pro Bono Program Member, District of Columbia Bar Association Section on District of Columbia Affairs Member, American Bar Association Forum on Affordable Housing and Community Development Law and Section on Real Property, Trust and Estate Law