Darryl Austin concentrates his practice on the construction, rehabilitation, leasing, purchase and sale of market rate, mixed-use and rent-restricted multifamily properties. In addition, Darryl is active in the senior housing and healthcare space, including assisted living, nursing home and hospital financing.
For almost two decades, Darryl has represented developers, lenders, investors and governmental agencies engaged in economic development and community revitalization initiatives, with an expertise on the complex tax and organizational structuring of partnership syndicates utilized to facilitate historic and affordable housing tax credits.
Darryl has closed hundreds of projects financed with IRC Section 42 affordable housing and Section 47 historic tax credits which were supported by: HUD programs including RAD, Section 221(d) (new construction), Section 223 (refinancing), Section 232 (healthcare), Section 202/811 (seniors/ disabled), and Section 8 operating subsidy; tax-exempt bond financing enhanced by Fannie and Freddie; funds provided by Federal Home Loan Bank members; and state and local funds.
Prior to joining Goldstein Hall, Darryl was an attorney at a Baltimore based law firm, HUD, the New York State Housing Finance Agency and a large national developer.
Affordable Housing and Community Development
Real Estate Finance
Cooperative and Condominium Law
Low-Income Housing Tax Credit (LIHTC) Disputes