Originally held on Tuesday, May 9, 2023 | 9:00 am – 12:30 pm
Program Co-Chairs: |
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Rachel D. Jaffe, Goldstein Hall PLLC
Karol S. Robinson, Herrick, Feinstein LLP
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This program will provide an inside perspective on the future of affordable housing in New York City. Seasoned practitioners from the private and public sectors will discuss the role of the city, state and federal governments, in conjunction with for-profit developers and not-for-profit organizations, in building and preserving affordable housing. Participants will learn about the statutory, regulatory and business considerations underlying critical topics in affordable housing.
Program Fee:
$99 Member | $199 Nonmember -
Panel 1: Senior Housing Today: Successes, Challenges, and Looking to the Future
Oliver Chase, Moderator
Partner, Hirschen Singer & Epstein LLPSarah Leitson
Director, Senior Affordable Rental Apartments (SARA), New York City Department of Housing Preservation and DevelopmentJenna Breines
Director of Real Estate Development, West Side Federation for Senior and Supportive Housing, Inc. (WSFSSH)Jeff Fox
Co-Owner, Foxy ManagementMohini Mishra
Vice President, Senior Communities, Selfhelp Community Services, Inc.Panel 2: Democratizing Land and Housing Through Community Land Trusts
Deyanira Del Rio, Moderator
Co-Director, New Economy ProjectErica F. Buckley
Partner, Nixon Peabody LLPStephen Erdman
Executive Director, Homeownership and Shared Equity, HPDPaula Segal
Senior Staff Attorney, TakeRoot JusticePanel 3: The Basics of Tax Exempt Bond Financing
Julia Solo, Moderator
Senior Vice President and Counsel, Federated National Land, LLCMoira Skeados
Senior Vice President, Deputy General Counsel and Secretary, NYC Housing Development CorporationDarryl Austin
Senior Counsel, Goldstein Hall -
9:00 am – 9:02 am Program Introduction
9:02 am – 10:02 am Panel I: Senior Housing Today: Successes, Challenges and Looking to the Future
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- Background on LIHTC/structure of senior housing; SARA program (income/age eligibility); other HPD senior housing initiatives
- Non-Profit Developer’s perspective (financing; regulatory; legislation; discussion of specific projects)
- For-Profit Developer’s perspective and property management (financing; regulatory; legislation; discussion of specific projects; property management of senior housing projects)
- Social services perspective (aging in place; health & housing; legislation)
- Legal wrap-up (discussion of applicable documentation)
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10:02 am – 10:12 am Break
10:12 am – 11:07 am Panel II: Democratizing Land and Housing Through Community Land Trusts
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- CLT fundamentals
- NYC Landscape
- Policy wins and goals
- Case Study: East Harlem El Barrio CLT
- Mission, origins
- 2020 property acquisitions + work since to rehab, develop MHA
- Legal, policy, other challenges/dynamics, process for decision-making
- Case Study: Community Founded CLT for Homeownership
- Interboro – 2017 to the present
- Overview of Founding Members and Unique Organizational Issues
- Affordable Homeownership and CLTS – Why it makes sense
- A City Perspective on CLTs
- HPD’s work with CLTs, including in the context of NYC’s housing plan
- Challenges and strategies to working with CLTs at scale
- Legal and policy issues
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11:07 am – 11:17 am Break
11:17 am -12:20 pm Panel III: The Basics of Tax Exempt Bond Financing
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- Basics of Tax Exempt Bond Financing – From Application to Closing: How does it work? How to apply. Who qualifies? What to expect?
- Intersection of Low Income Tax Credits with TE Bond Financing? 50% Test? Syndicator/Investor Role.
- What to Look Out for as Developer’s Counsel. Getting ahead of potential issues.
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12:20 pm – 12:30 pm Closing Remarks
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New York: 3.0 Professional Practice
New Jersey: 3.0 General California: 2.5 General Pennsylvania: 2.5 General Connecticut: Available to Licensed Attorneys -
Sponsoring Association Committee:
Housing and Urban Development, Rachel D. Jaffe and Karol S. Robinson, Co-ChairsSponsorship Opportunities are Available! Please Contact:
Yelena Balashchenko, Manager, Business Development & Sponsorships | (212) 382-6608 | ybalashchenko@nycbar.org