The U.S. Court of Appeals in Boston on Wednesday ruled that a Denver investment firm failed to prove its fight with a South End housing nonprofit belongs in federal court. “Refined to bare essence, this is a dispute over a contract,” the three-judge panel said in their decision. And that [...]

By Theresa Schliep  Law360 (October 14, 2021, 6:27 PM EDT) -- A suit from an investment group contesting an affordable housing not-for-profit's efforts to purchase a housing tax credit project was properly dismissed by a Massachusetts federal court, the First Circuit said, ruling the lower court lacked jurisdiction.  A [...]

The Boston law firm Nixon Peabody has built a national reputation in affordable housing — advising nonprofits and developers, churches and housing authorities. The firm boasts lawyers who’ve had a hand in “every major federal affordable housing initiative in the last 40 years.” But Nixon Peabody also has become the [...]

August 24, 2021, Beth Healy WBUR News A federal judge in Seattle on Tuesday dismissed a lawsuit brought by an investment firm against the Washington state housing commission, in a case that’s been widely watched by housing officials in Massachusetts and around the country. The case involved Alden Torch Financial [...]

Federal appeals court judges in Boston heard arguments Thursday in a fight between a nonprofit that wants to buy and maintain the affordable housing it's managed for South End residents for decades and an investor that aims to stop the purchase. It's the latest chapter in the battle between [...]

Source: WBUR Affordable housing across the country is facing an onslaught few saw coming — investors looking to cash in on real estate that was dedicated to people with low incomes. An investigation by WBUR finds financial firms seek outsized profits for themselves in a federal housing [...]