Ballard Spahr Baltimore Attorneys Named Directors of Columbia Downtown Housing Corporation
Paul K. Casey and Michael W. Skojec, Ballard Spahr partners known for their work on affordable housing matters, have been named Directors of the newly formed Columbia Downtown Housing Corporation. Mr. Casey was elected President of the Corporation.
The nonprofit Corporation was recently authorized by the Howard County Council to provide affordable housing in downtown Columbia, Maryland, under a 30-year redevelopment plan that calls for 5,500 additional housing units. The Corporation’s 15 Directors administer affordable housing funds that are raised primarily through a portion of building permit fees for downtown residential development. The funds—projected to be about $4.6 million in the next three years and to increase in later years—will help finance various affordable housing opportunities.
“While the Corporation’s membership reflects a diversity of perspectives, everyone shares the goal of ensuring affordable housing options,” said Mr. Casey, who leads Ballard Spahr’s Housing Group and has worked on affordable housing matters throughout the country. “Our mission is challenging, but the Board’s efforts will benefit from its members’ extensive experience in affordable housing finance, development, and management.”
Mr. Casey noted that the Corporation has a long-term commitment, but said it is off to a “quick start” and has already begun working with downtown developers and the Howard County Office of Housing.
Said Mr. Skojec: “Affordable housing will be a critical component of downtown Columbia’s revitalization. The Corporation will be a careful steward of the affordable housing funds, making sure they are spent in a way that best meets the community’s needs.”
Mr. Casey concentrates his practice on real estate finance and public finance transactions, representing housing authorities in the financing and development of affordable multifamily and single-family housing. In 2011, he was named a Dealmaker of the Year by The American Lawyer for leading the legal team that represented the New York City Housing Authority in one of the largest public-private partnership tax credit bond deals in the nation’s history. In addition, he served as Assistant Attorney General of Maryland from 1983 to 1987, representing the Department of Economic and Community Development. He also is a former Chair of the Howard County Housing and Community Development Board.
Mr. Skojec represents owners, developers, contractors, lenders, and management companies in advisory and contested real estate and construction matters. He regularly advises on compliance with accessibility laws, including the Fair Housing Act and Americans with Disabilities Act. Mr. Skojec previously served for several years on both the Howard County Housing Commission and Housing and Community Development Board, most years as the chairperson of each, and in earlier efforts to develop a comprehensive housing policy and increase affordable housing in the county.
About Ballard Spahr
Ballard Spahr LLP, a national law firm with more than 500 lawyers in 13 offices in the United States, provides a range of services in litigation, business and finance, real estate, intellectual property, and public finance. Our clients include Fortune 500 companies, financial institutions, life sciences and technology companies, health systems, investors and developers, government agencies and sponsored enterprises, educational institutions, and nonprofit organizations. The firm combines a national scope of practice with strong regional market knowledge. For more information, please visit www.ballardspahr.com.