As an extension of its national real estate capital markets practice,
McGuireWoods has formed a multidisciplinary team of lawyers and McGuireWoods
Consulting policy professionals dedicated to advising clients on all sides of
affordable housing projects, developments and transactions.
The affordable housing team offers the knowledge, experience and strategic
insights clients need to navigate the challenging regulations and policies that
shape this sector. Drawing on decades of collective experience, lawyers and
consultants offer guidance on affordable and mixed-income/mixed-use housing and
community development matters. Members of the affordable housing team represent
multifamily agency lenders pursuant to the Fannie Mae Multifamily Affordable
Housing and Freddie Mac Optigo Lender Targeted Affordable Housing programs, as
well as mortgage banking and mortgage brokerage services and letter of
credit-backed construction bond transactions. The team also represents clients
ranging from closely held, community-based businesses and governmental entities
to Fortune 100 companies.
McGuireWoods partners Kristen Kirby and Scott Adams, alongside McGuireWoods
Consulting senior vice president Tracy Baynard, lead the affordable housing
team, which collaborates with the law firm’s real estate, tax, syndication, land
use, public finance and policy attorneys to deliver an integrated approach to
“Following the COVID-19 pandemic, the demand for affordable housing has been
great, the benefits for communities and developers more significant, and the
challenges more complex, and these legal issues can be difficult to unravel,”
Added Adams, “Our team interprets local, state and federal laws that affect
affordable housing and community development projects and helps clients overcome
hurdles from concept to closing.”
“The combination of policy advice and legal solutions that our consulting and legal teams provide for our affordable housing clients under one roof demonstrates our collaborative focus in this industry sector,” Baynard highlighted.
McGuireWoods was ranked a Tier 1 firm for land use and zoning law, public
finance law, real estate law and tax law in the 2021 U.S. News - Best Lawyers
"Best Law Firms" report. The multidisciplinary team dedicated to the affordable
housing industry comprises lawyers who are national leaders in their individual
To learn more about McGuireWoods’ affordable housing team and stay connected
through legal alerts, webinars and events, visit the team webpage and
up for future mailings.