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2009 Client Memoranda

[Nov 10] Tax Credit Assistance Program
R&C issues a client alert about the Tax Credit Assistance Program.  Please click the preceding link for a copy of the actual alert and click the following link for a copy of the extended analysis which explains general background on the environmental review requirements under the TCAP program, and possible environmental review streamlining when a project previously has been the subject of environmental review directly by HUD.
[Nov 5] Technical Correction to HOPE VI NOFA

R&C issues a client alert regarding the technical correction to HUD's 2009 HOPE VI NOFA.  Please click the preceding link for a copy.

[Sept 28] Project-based Voucher Projects

R&C, along with CLPHA, submits detailed comments to HUD relating to proposed standards for subsidy layering reviews of proposed project based voucher (PBV) projects.  The proposal would implement a new substantive set of restrictions on development and operations cost as part of HUD's mandate in HERA to delegate subsidy layering review to state housing credit agencies. Please click here for a copy.

[Sept 15] Buy American Act

R&C issues a client alert about the Buy American Act Provisions.  Please click the preceding link for a copy of the actual alert and click the following link for a copy of the extended analysis of the application of these requirements to the Capital Fund Formula and competitive grants under ARRA.

[Sept 14] Our Work with the West Hartford Housing Authority

R&C is recognized by the West Hartford Housing Authority for its work on the Alfred E. Plant Expansion and Renovation Project.  Click here for a copy of the official resolution from the West Hartford Housing Authority.

[Sept 11]

Hannah K. V. Cassidy:

Best Lawyers Recognition

Hannah K. V. Cassidy, R&C’s Managing Member, was recently selected by her peers for inclusion in The Best Lawyers in America® 2010 in the field of Real Estate Law. Because Best Lawyers is based on a peer-review survey in which more than 32,000 leading attorneys cast almost two million votes on the legal abilities of other lawyers in their specialties, and because lawyers are not required or allowed to pay a fee to be listed, inclusion in Best Lawyers is considered a singular honor. Corporate Counsel magazine has called Best Lawyers “the most respected referral list of attorneys in practice.”

Hannah is a graduate of Vanderbilt University Law School whose practice focuses on real estate development, with particular emphasis on projects combining private financing with various state and federal funding sources, such as tax credits, bonds, tax increment financing, AHP loans, federally insured loans, and grants. Since joining R&C in January 2008, Hannah has been an incredible asset to the firm and we are delighted that she has been recognized for her accomplishments.
[July 22] HOPE VI NOFA R&C issues a client alert on HUD's 2009 HOPE VI NOFA.  Please click here for a copy of the alert and click here for a side by side analysis of the 2008 and 2009 NOFAs.
[July 15] Community Development Block Grants The ABA's Building Healthy Communities: A Guide to Community Economic Development for Advocates, Lawyers and Policymakers, with a chapter on Community Development Block Grants by R&C's Megan Glasheen, will be available on July 29, 2009.  For more information, please click the following link to the ABA's website.
[May 27] NSP2
R&C Attorneys to Participate in NAHRO E-briefing on Neighborhood Stabilization Program (NSP2) - Successful Strategies for Winning NSP Round 2 Funding will be held at 12:00 pm (EST) on May 28, 2009.  For more information on how to register, please click the preceding link.
[May 22] Latest Developments Regarding NSP2
HUD Opens Neighborhood Stabilization Program to Direct Applications by Nonprofits and other Entities - Please click the preceding link for a copy of the R&C client memorandum on the latest developments regarding NSP2.
[May 21] National Dream Home Award for R&C Client Edgewood Village homes in Akron, OH were awarded a National Dream Home Award.  The Akron Metropolitan Housing Authority is an R&C client.  For more information, please follow this link to the article.
[May 15] Affordable Housing and Community Development Law
Opportunities During Challenging Times - The Spring 2009 Meeting of the ABA Forum on Affordable Housing and Community Development Law will be held May 20 - 22 at the Mandarin Oriental Hotel In Washington, DC.  It will feature a four hour program at HUD on implementation of ARRA and HERA and one and a half days on stimulus legislation, dealing with changed economic times for affordable housing, and presentations by HUD Secretary Shaun Donovan and HUD General Counsel Helen Kanovsky.  Follow these links to the HUD Agenda and the Forum Agenda.
[May 12] NOFA for Capital Fund Recovery Competition HUD issues NOFA for $1 billion Capital Fund Recovery Competition.  R&C has prepared a detailed analysis of the NOFA, which is supported by a chart enabling you to see key deadlines and thresholds at a glance, and a client alert identifying the most critical issues.
[May 7] The Use of Capital Funds in ARRA
Presentation by Julie McGovern on the Use of Capital Funds in ARRA, presented at the spring meeting of the Housing and Development Law Institute in DC.  Three hours after the presentation, HUD issued the NOFA to allocate the $1B in Competitive Capital Funds under ARRA.
[May 1] Accolades for R&C Attorneys for their ARRA Training
Melissa Worden and Jaime Lee received accolades from the Board of Directors and staff of the Detroit Housing Commission for the training they conducted on March 24, 2009 for Michigan PHAs regarding the American Recovery and Reinvestment Act of 2009.  For a copy of the letter from the Detroit Housing Commision please click here.
[April 20] R&C Attorney Quoted in Daily Reporter Jaime Lee is quoted today in the Daily Reporter's article "Federal delays threaten housing projects" by Sean Ryan.  The article also posts a link to the letter R&C sent to HUD last week regarding the use of stimulus funds.  Please click here for a copy of the article.
[April 14] Memorandum on the Stimulus Funding Latest Developments in Stimulus Funding - Please click the preceding link for a copy of the R&C client memorandum on the latest developments in stimulus funding.  For a copy of the letter sent by Jaime Lee to HUD's Office of Public Housing Investments on the same topic please click here.
[March 24] R&C Attorneys Conduct Training on Stimulus Funds
Melissa Worden and Jaime Lee traveled to Detroit, MI to assist the Detroit Housing Commission in training over 15 housing authorities on how to use their stimulus funds and comply with the latest HUD guidance. Click here for a summary of the training.
[March 11] Client Memorandum on the Stimulus Putting Stimulus Funds To Work - Please click the preceding link for a copy of the R&C client memorandum on working with funds from the Stimulus package.  For more information on the Stimulus, please click the following links for excerpts from the American Recovery and Reinvestment Act of 2009 and the Joint Explanatory Statement of the Committee of Conference.
[Feb 13] Joint Stimulus Proposal Joint Stimulus Proposal Boosts Affordable Housing - Please click the preceding link for a copy of the R&C client memorandum on the Joint Stimulus package.
[Feb 10] Senate Retains Capital Funds in Stimulus Bill
Senate Stimulus Bill Retains Capital Funds, Reduces Other Affordable Housing Support - Please click the preceding link for a copy of the R&C client memorandum on the Senate's version of the bill.
[Jan 29] House Increases Funds for  Affordable Housing House Stimulus Bill Increases Funds for Affordable Housing And Supports Development Deals - Please click the preceding link for a copy of the R&C client memorandum on the House's version of the bill.
[Jan 16] R&C Gives Back
After relocating in mid-January 2009, R&C donated its old office furnishings to the several DC area nonprofits including Keys for the Homeless Foundation, Inc. , New York Avenue Housing Assistance Center, St. Elizabeth's Hospital Office of Rehabilitation Services, and SOME (So Others Might Eat) Anna Cooper Affordable Housing Program.
[Jan 5] R&C Welcomes Three New Partners R&C Firm News 2009 - R&C celebrates the addition of three new partners and a new DC location.  Please click the preceding link for a full copy of memo.

 

 

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2011 Client Memoranda
2010 Client Memoranda
2009 Client Memoranda
2008 Client Memoranda
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