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Monica Hilton Sussman is a former deputy general counsel for HUD. She brings more than 40 years of experience in affordable housing, Section 8, and FHA multifamily programs. Monica represents developers in all types of affordable housing transactions and continues her strong relationship with HUD headquarters and regionally.
Much of my work involves helping clients preserve their properties to bring more value to the owners and the tenants. Owners and purchasers of older HUD-assisted or insured properties turn to me for advice on transactional and regulatory matters.
I’m in close contact with HUD officials as we work together to develop new policies to get deals done. These issues take me to Capitol Hill, state agencies and industry trade groups as well.
Speaking and networking at industry events and educating developers, investors, lenders and other industry participants is also a priority for me. I enjoy connecting with others who are passionate about this work and meeting new entrants to the market.
We are hopeful that Congress will provide much needed additional funding for affordable housing. The HUD-assisted portfolio is aging and preserving these assets as well as adding new assets is part of the future.
This article profiles Washington, DC Affordable Housing & Real Estate senior counsel Monica Sussman and Steve Wallace for their induction into the publication’s “Affordable Housing Hall of Fame.” Monica and Steve were named “Legal Pioneers,” as two of the industry’s foremost legal authorities on affordable housing who have helped shape policy while advising clients on countless transactions.
District of Columbia
Virginia
Hofstra University School of Law, J.D.
Syracuse University, B.A., cum laude
Press Release
Press Release
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