Tax Credits for Low Income Housing

Miller, Hall & Triggs, LLC, provides experienced counsel to a number of housing authorities and not-for-profit corporations seeking to develop or redevelop affordable housing through the Rental Assistance Demonstration Program (“RAD”) of the United States Department of Housing and Urban Development and/or low income housing tax credits throughout Illinois and Arkansas.

Our attorneys regularly work with housing authorities and not-for-profit entities, the Illinois Housing Development Authority, the Arkansas Development Finance Authority, lenders, investors, bond underwriters, and FHA and HUD to negotiate and close extremely complex housing transactions. For example, Richard M. Joseph, an MHT Partner, was the project attorney for the rehabilitation and RAD conversion to Section 8 Project Based Rental Assistance (PBRA) of Christian County, Illinois Housing Authority’s 72 Unit Pana Towers Public Housing project in the first RAD, LIHTC, and FHA 221(d)(4) financing transaction in the nation.

The RAD program administered by HUD was established in order to give public housing authorities a powerful tool to preserve and improve public housing projects and address issues of deferred maintenance by providing for the voluntary conversion of public housing and other HUD-assisted properties to long-term, project-based Section 8 rental assistance, utilizing either project-based vouchers or project-based rental assistance contracts.  RAD also gives the owners of three HUD programs (Rent Supplement, Rental Assistance Payment, and Section 8 Moderate Rehabilitation) the opportunity to enter into long-term contracts that facilitate the financing of improvements.

RAD allows public housing agencies to leverage public and private debt and equity to help ensure that the units remain affordable to low income households.  Residents pay 30% of their income towards the rent.

Click here to see examples of recent tax credit projects we have assisted with.

MHT Tax Credit Attorneys

Testimonials and Recommendations

Throughout the development process, Richard Joseph of Miller, Hall & Triggs, LLC, worked closely with the Christian County Housing Authority and Christian County Integrated Community Services, keeping us informed of progress and problems, explaining all legal documents, and addressing legal issues to ensure timely and efficient closing of the project. His knowledge of legal issues pertaining to RAD, Low Income Housing Tax Credits and funding mechanisms, as well as his real estate development experience, was of significance in bringing this project to a conclusion.

Christian County Integrated Community Services is pleased to recommend the services of Richard M. Joseph of Miller, Hall & Triggs, LLC.

Christian County Integrated Community Services

Richard Joseph of Miller, Hall & Triggs, LLC, served as our special legal counsel, as well as Housing Development Solutions, in connection with the development of Clayton Heights: a mixed-income development consisting of 57 single-family residential units, of which 35 are Low-Income Housing Tax Credit units and 22 are market-rate units in Fort Smith, Arkansas.

Rick also represented the Housing Authority in two other similar developments: North Pointe I and North Pointe II, which closed in April 2007 and April 2010, respectively. The Housing Authority is pleased to recommend the services of Richard M. Joseph.

Housing Authority of the City of Fort Smith, Arkansas

View other Letters of Recommendation of Miller, Hall & Triggs LLC tax credit and related services

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