Nixon Peabody LLP
Joseph Lynch is a partner in the New York City office and represents for-profit and not-for-profit developers of multifamily housing. He has a particular focus on new development and preservation transactions with complex public and private financing. Joe has extensive knowledge about the New York State Private Housing Finance Law, advising clients on various tax exemptions and their benefits, in addition to financing (FHA, LIHTC, Freddie Mac, and Fannie Mae), restructuring, and dissolutions. He advises clients on all areas of affordable housing and real estate including development, construction, financing, sales, regulatory matters, and joint ventures.
Joe is also the team leader of the Nixon Peabody Affordable Housing Transaction team.
What do you focus on?
Affordable Housing is a Real Estate Business with a Regulatory Overlay
Affordable housing is a complex and constantly evolving business. The intricacies of federal, state, and local regulations, and their contradictions, can be difficult to navigate. My focus is analyzing all these rules and regulations and developing a roadmap for my clients that allows for a smoother development process for their properties and, as importantly, helps to achieve their economic and mission-driven goals.
It’s important to remember that affordable housing is real estate. In addition to the regulatory issues, the development of affordable housing is always a real estate transaction with the same legal issues as in conventional real estate, and it is my job to ensure the real estate transaction is in line with the affordable housing restrictions and regulations.
What we offer is up-to-date knowledge of affordable housing issues. The landscape nationally and on a local level is always changing, and our extensive experience with the agencies, as well as the volume of transactions we handle, ensures that we have the advantage of knowing the latest trends and methods to maximize benefits to our clients.