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Joseph Lynch is a partner in the New York City office and represents for-profit and not-for-profit developers of multifamily housing. He has a particular focus on new development and preservation transactions with complex public and private financing. Joe has extensive knowledge about the New York State Private Housing Finance Law, advising clients on various tax exemptions and their benefits, in addition to financing (FHA, LIHTC, Freddie Mac, and Fannie Mae), restructuring, and dissolutions. He advises clients on all areas of affordable housing and real estate including development, construction, financing, sales, regulatory matters, and joint ventures.
Joe is also the team leader of the Nixon Peabody Affordable Housing Transaction team.
Affordable housing is a complex and constantly evolving business. The intricacies of federal, state, and local regulations, and their contradictions, can be difficult to navigate. My focus is analyzing all these rules and regulations and developing a roadmap for my clients that allows for a smoother development process for their properties and, as importantly, helps to achieve their economic and mission-driven goals.
It’s important to remember that affordable housing is real estate. In addition to the regulatory issues, the development of affordable housing is always a real estate transaction with the same legal issues as in conventional real estate, and it is my job to ensure the real estate transaction is in line with the affordable housing restrictions and regulations.
What we offer is up-to-date knowledge of affordable housing issues. The landscape nationally and on a local level is always changing, and our extensive experience with the agencies, as well as the volume of transactions we handle, ensures that we have the advantage of knowing the latest trends and methods to maximize benefits to our clients.
COVID-19 has dramatically changed the country’s landscape in many ways. Recovery will require a number of resources, including an increase in affordable housing. Federal and local governments are dedicating the necessary attention and capital to address the housing shortage. Our Affordable Housing team is staying on top of all the latest changes in the industry.
This article covers Merchants Capital providing more than $225 million in financing to support the New York City Housing Authority’s Permanent Affordability Commitment Together (PACT) Union Avenue Consolidated project in the Bronx, which involves the refinancing and rehabilitation of seven properties. The article mentions NP for advising on the deal. The NP team included New York City Affordable Housing & Real Estate partners Meghan Altidor and Joe Lynch, and Los Angeles Strategic Policy Advisor and AHRE deputy practice leader Deborah VanAmerongen.
This article recapping the 2023 Bishop’s Humanitarian Award Dinner hosted by Catholic Charities Brooklyn & Queens mentions New York City Affordable Housing & Real Estate partner Joe Lynch for receiving the 2023 Bishop’s Humanitarian Award. Joe was recognized for his dedication to affordable housing in New York.
This roundup article of local news mentions New York City Affordable Housing & Real Estate partner Joe Lynch, who will be honored tonight at the 2023 Bishop’s Humanitarian Award Dinner hosted by Catholic Charities Brooklyn and Queens.
This article mentions NP for serving as regulatory counsel in Nuveen’s acquisition of a 12,000-unit affordable housing portfolio from Omni Holding Co. The NP deal team was led by New York City Affordable Housing & Real Estate partner Joe Lynch and included Affordable Housing & Real Estate deputy practice leader and strategic policy advisor Deborah VanAmerongen; Boston partner Julie Stande; Washington, DC counsel Patrice Harris; associates James Allen and Avery Ryou of New York City, David Hornstein of Washington, DC, and Ali Sisson of Boston; New York City paralegal Brian Murphy; and New York City affordable housing specialist Antonik Kristofer, all of the Affordable Housing & Real Estate practice.
The following articles mention NP for serving as regulatory counsel in Nuveen’s acquisition of a 12,000-unit affordable housing portfolio from Omni Holding Co. The NP deal team was led by New York City Affordable Housing & Real Estate partner Joe Lynch and included Affordable Housing & Real Estate deputy practice leader and strategic policy advisor Deborah VanAmerongen; Boston partner Julie Stande; Washington, DC counsel Patrice Harris; associates James Allen and Avery Ryou of New York City, David Hornstein of Washington, DC, and Ali Sisson of Boston; New York City paralegal Brian Murphy, and New York City affordable housing specialist Antonik Kristofer, all of the Affordable Housing & Real Estate practice.
The following articles mention NP for serving as regulatory counsel in Nuveen’s acquisition of a 12,000-unit affordable housing portfolio from Omni Holding Co. The NP deal team was led by New York City Affordable Housing & Real Estate partner Joe Lynch and included Affordable Housing & Real Estate deputy practice leader and strategic policy advisor Deborah VanAmerongen; Boston partner Julie Stande; Washington, DC counsel Patrice Harris; associates James Allen and Avery Ryou of New York City, David Hornstein of Washington, DC, and Ali Sisson of Boston; New York City paralegal Brian Murphy, and New York City affordable housing specialist Antonik Kristofer, all of the Affordable Housing & Real Estate practice.
This article covers the grand opening of 425 Grand Concourse, a 26-story mixed-use high-rise in the Bronx and the largest passive house development in the US—making it 70% more energy efficient than standard high-rise new construction. The article mentions NP for the work of Affordable Housing & Real Estate deputy practice leader Deborah VanAmerongen and AHRE partner Joe Lynch, both of the New York City office.
New York City office managing partner and affordable housing partner Joe Lynch is quoted in this article about how the Trump administration’s proposed corporate tax cuts are already affecting affordable housing developers in New York City who use tax credits to finance their projects.
New York
New Jersey
Brooklyn Law School, J.D.
Fordham University, B.A.
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