|Woods Oviatt Gilman is pleased to announce the recent formation of the Affordable Housing & Community Development Practice Group within the firm's highly-regarded Real Estate and Finance Department. In addition, the firm welcomes John Bohrer-Yardley as Of Counsel to the firm and a member of the new practice group. The addition of Mr. Bohrer-Yardley, who concentrates his practice in the area of affordable housing development and has substantial experience counseling clients on sophisticated tax credit transactions, complements the firm's multidisciplinary strengths in real estate finance, land use and zoning, and tax. The attorneys of the Affordable Housing & Community Development Practice Group counsel for-profit and nonprofit developers, joint venture partners, contractors, and property management companies across all phases of transactions utilizing low-income housing tax credits, historic tax credits and various other tax-driven incentives.|
"I am thrilled to join the Affordable Housing & Community Development Practice Group at Woods Oviatt," says John, who was previously an Albany-based senior associate with Cannon Heyman & Weiss LLP. "Affordable housing and related community development projects are complex undertakings. It is crucial, from the outset, to assemble a strong development team, including attorneys, to best position a project for success," he continues. "What I think really distinguishes Woods Oviatt is its proven track record of assisting clients with successfully navigating the full spectrum of the development process---beginning with initial planning and site plan selection, through the municipal approval process, and, now, structuring and coordinating the closing of project financing with the government agencies, lenders and equity syndicator."
"We are excited to offer additional services to our clients in the area of affordable housing and community development," said Steve Tierney, chair of Woods Oviatt's Real Estate Department. "John's experience and breadth of knowledge in this area will complement our current real estate services and provide enhanced solutions to our clients."
Our clients in the affordable housing industry encounter a myriad of new legislative, regulatory and programmatic requirements at the federal, state and local levels. As a result, the attorneys at Woods Oviatt embrace the need to stay current and offer timely guidance to our clients and industry stakeholders on breaking developments that meaningfully impact the affordable housing industry.