Rutan’s Affordable Housing and Economic Development Practice Group combines the firm’s long-standing and universally respected areas of expertise on matters related to the financing and development of housing and public infrastructure, including real property acquisition and disposition, public financing and private debt and equity, land use and entitlement, construction and prevailing wage compliance, environmental review, and other applicable federal, state, and municipal agency laws. Our firm represents public and private clients in all aspects of using and combining these areas of expertise to promote the financing, construction, and provision of affordable housing and commercial, industrial, and mixed-use projects that spur economic activity in local jurisdictions. Our clients benefit from the collective experience of our diverse team of lawyers.
We represent clients in negotiating and implementing the transactions that are common to these projects, such as Purchase and Sale Agreements, Development Agreements, Complex Ground Lease and Multi-Tenant Leases, Design-Build Contracts, Construction Manager/Contractor Agreements, Joint Exercise of Powers Agreements and Joint Use Agreements, and virtually every type of agreement relating to land acquisition, disposition, construction, use and maintenance. We likewise represent clients on project financing agreements that involve the use of private or public funds, or both, such as multifamily housing revenue bonds, Community Facilities District (CFD), Enhanced Infrastructure Financing District (E-IFD), other benefit assessment/improvement districts, Section 42 tax credits, post-redevelopment Redevelopment Property Tax Trust Funds, Low and Moderate Income Housing Asset Funds, and other funding sources.