Erica Thompson
Associate
Introduction
Erica Thompson works closely with clients in the Affordable Housing group on the development, financing, and regulation of various affordable and public housing projects.
My focus
My practice involves assisting developers, for-profits and nonprofits in their efforts to finance, develop, and preserve affordable housing nationwide. I prepare organizational documents, conduct diligence review, draft loan documents, and assist with closings. My experience includes low-income tax credit deals, loan conversions and refinancings, as well as ground lease acquisitions under the New York City Housing Authority’s Permanent Affordability Commitment Together initiative.
Looking ahead
Governor Kathy Hochul’s New York Housing Compact and Mayor Adams’ City of Yes strategies provide new and plentiful opportunities to create and preserve affordable housing across New York. Our job as practitioners is to guide both long-standing players in the space through those programs, but also to carve a path for new and non-traditional organizations to enter the market.
In the news
- Law360
Two firms advise nonprofit’s $124 million in housing site buy
Jan 7, 2025This article covers client Westhab’s acquisition and financing of a Brooklyn commercial property that will be rezoned for a 120-unit housing development with 30 units restricted as affordable. New York City Affordable Housing & Real Estate partner Meghan Altidor is mentioned in the coverage for advising Westhab on the related financing. The NP team also included partners Aaron Yowell of New York City and Darren Miller of Rochester, and New York City counsel Abby Patterson and associate Erica Thompson, all of the AHRE practice.
Admitted to practice
New York
Education
Brooklyn Law School, J.D.
Northeastern University, B.A.
Professionals in the Practice Area
View AllAaron J. Yowell
Partner / Chief Innovation Officer- New York City
- Office:+1 212.940.3161
- ayowell@nixonpeabody.com
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