AUSTIN – July 17, 2019 – Coats Rose is pleased to have Barry J. Palmer, Mattye Gouldsby Jones, and Bill Walter speak at the 2019 Texas Housing Conference hosted by the Texas Affiliation of Affordable Housing Provides (“TAAHP”) at the Fairmont Hotel in Austin, Texas July 22-24, 2018. The three attorneys will discuss aspects of transactions utilizing the U.S. Department of Housing and Urban Development’s (“HUD”) Rental Assistance Demonstration (“RAD”) program including challenges encounters in combining the RAD program with HUD and the Tax Credit program with the Texas Department of Housing and Community Affairs (“TDHCA”), to property tax issues affecting affordable housing developments, impacts on property operations and legislative efforts undertaken to bring clarity and consistency to property valuation.
- Barry J. Palmer will be panel moderator on “RAD Conversion for Housing Authorities & Cities,” with panelists Gerald Chicon with Housing Authority of the City of El Paso, Ann Gass with Austin Affordable Housing Corporation, Mary-Margaret Lemons with Fort Worth Housing Solutions, and Antonio Williams, Housing Authority of Texarkana. The panel will present case studies of how U.S. Department of Housing and Urban Development’s (“HUD”) Rental Assistance Demonstration (“RAD”) program transactions have been financed and the key challenges encountered in combining the RAD program with HUD and the Tax Credit Program with TDHCA.
- Mattye Gouldsby Jones will serve as moderator for the panel “RAD Evolution – Tools for an Easier, Faster and Better RAD Transaction.” Experts will discuss RAD evolution from the perspective of those who approve and finance RAD transactions. Attendees will learn from industry leaders about ways to realize an easier, faster, and better RAD deal. Topics include efficiencies in development; underwriting from debt and equity partners; application of HUD tools; and pitfalls to avoid.
- Bill Walter will speak, as a panelist, on “Whose House is it Anyway? Property Tax Issues Related to Affordable Housing.” The panel will discuss tried and true deal structures to achieve property tax exemptions, as well as state law and other guidance that affects the valuation of affordable housing developments. Panelists will bring a wide range of perspectives on this important area of law that greatly affects ongoing property operations, and will cover legislative efforts undertaken to bring greater clarity and consistency to property valuation.
About The Texas Housing Conference
Presented by the Texas Affiliation of Affordable Housing Providers (TAAHP), the Texas Housing Conference is the premier event where industry professionals attend from around the country to listen, learn and connect with the most influential people in the affordable and multifamily housing industry. The 3-day event includes several networking events, education breakout sessions, keynote speakers, an exhibit hall and a golf tournament fundraiser that raises funds for affordable housing scholarships. Learn more at https://texashousingconference.org.
About Coats Rose, P.C.
Coats Rose is a transactional and litigation law firm focused on development: the development of real estate, affordable housing, special purpose districts, business and private wealth. We provide legal counsel to businesses, governmental entities corporate and high-net worth clients across the U.S. and internationally. For over 30 years, the firm has leveraged its extensive legal experience of its attorneys to fulfill client needs spanning real estate law, affordable housing and community development, public finance, construction/surety law, commercial litigation, government relations, intellectual property, mergers and acquisitions, securities law, tax, wealth planning and preservation. In addition to its headquarters in Houston, Coats Rose has offices in Dallas, Austin, San Antonio, New Orleans and Cincinnati. Learn more at www.coatsrose.com.