Practices
Industries
Value-Added Services
Developing innovative pricing structures and alternative fee agreement models that deliver additional value for our clients.
Advancing professional knowledge and offering credits for attorneys, staff and other professionals.
Helping clients respond correctly when a crisis occurs.
Providing our clients with legal, strategic, and practical advice to make transformational changes in their organizations.
Leveraging law and technology to deliver sound solutions.
Delivering seamless service through partnerships across the globe.
Leveraging leading-edge technology to guide change and create seamless, collaborative experiences for clients and attorneys.
Industry-leading conferences focused on affordable housing, tax credits, and more.
Providing actionable information to support strategic decision-making.
Teaming with clients to advance sustainable projects, mitigate the effects of climate change, and protect our planet.
Offering a range of investment management and fiduciary services.
Bringing together companies and investors for tomorrow’s new deals.
Offering fresh insights on cases that are delayed, over budget, or off-target from the desired resolution.
Courtroom-ready lawyers who can resolve disputes early on clients’ terms or prevail at trial before a judge or jury.
Creating positive impact in our communities through increasing equity, access, and opportunity.
I'm a 2023 Nixon Peabody Pro Bono Champion.Read more about our Pro Bono program
Herb Stevens is a retired community development attorney and one of the nation’s foremost authorities on financing community-based projects by leveraging public programs, including tax credits, with private capital development. His previous clients included large capital markets investors, local governments and for-profit and nonprofit developers of important projects.
In his previous role as Chief Innovation Officer, he helped attorneys at Nixon Peabody develop new, more responsive legal services.
I have created new financing platforms for ground-breaking projects throughout the country in the areas of community development, historic preservation, renewable energy, affordable housing and sustainability. For example, when two important federal subsidy programs, the low-income housing tax credit and the new markets tax credit, were in their “startup” phases, I helped businesses and attorneys create the financial structures financing channels to deliver the federal benefits to local communities.
Some of my favorite projects have been working to bring new investment and new life into underserved communities. Larger projects can serve as an anchor to revitalize an entire neighborhood, such as turning a beautiful but long-vacant armory into a vibrant theater; restaurants and night life soon follow. Less glamorous but perhaps more important are projects that bring jobs, such as manufacturing, retail and charter schools.
I’ve worked on a wide variety of renewable energy projects, from nationwide residential and commercial solar to the first state-sponsored fund that put solar on homes for low and moderate income families. Now that I have retired my legal practice, as cofounder and president of New Partners Solar, I focus my efforts on creating new opportunities for affordable housing residents to participate in the benefits of solar energy using community solar laws.
How will companies and investors work with multiple government and nonprofit organizations to build new resources in local communities? The answers to that question will be the big success stories in the future for real estate development. All parties now know they need each other to accomplish this. We will keep finding unique ways for the government programs and the private sector to share in the mission to bring new energy to underserved areas.
District of Columbia
Catholic University of America, Columbus School of Law, J.D.
Georgetown University Law Center, M.L.
Massachusetts Institute of Technology, B.S.
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