Klein Hornig LLP

Guest Speaker: Erik Hoffman

Partner, Klein Hornig LLP

Erik Hoffman’s practice is focused exclusively on financing affordable multifamily housing. Mr. Hoffman represents for-profit and nonprofit developers in the acquisition-rehabilitation and new construction of projects financed with multiple layers of funding, including tax exempt bonds, mezzanine and subordinate debt from a variety of sources, such as National Housing Trust Funds, private lenders, HOME and Community Development Block Grants, Section 108 securitizations, State and local housing trust funds, and tax increment financing. Mr. Hoffman has pioneered the development of the “9-4 Twinned” structure to increase the production of affordable units and to minimize wasted tax credit basis. Before joining the firm, Mr. Hoffman was counsel with the firm Bingham McCutchen. Previously, Mr. Hoffman served as the director of real estate finance and grants for Fairfax County's affordable housing and economic development programs and was an associate general counsel to the District of Columbia Housing Finance Agency. In addition, he was an associate with the firm of Hunton & Williams, where he served as outside counsel to the District of Columbia Revenue Bond Program on their 501(c)(3) financings, Enterprise Zone and Qualified Zone Academy Bond transactions. Mr. Hoffman currently serves on the board and executive committee of the Housing Association of Nonprofit Developers (HAND), the board of the Virginia Housing Alliance, and the Virginia Tech Real Estate Advisory Board, and has served as the chair of the board of New Hope Housing and on the governance and advisory boards for other advocacy organizations as well as nonprofit housing and service providers.