About Schuyler Armstrong

Schuyler Armstrong is part of a team that helps clients with acquisitions, financings and dispositions of affordable multifamily residential buildings. She also assists clients with the asset management of existing affordable projects (including repositioning and transfers of assistance). In addition, she frequently represents developers on commercial real estate transactions.

Smart Financing Can Turn Housing into a Wise Investment

Schuyler has experience with various financing tools such as low-income housing tax credits and private, bond and housing authority fund financing. She also has extensive knowledge of many Department of Housing and Urban Development (HUD) programs and processes. These include FHA loans, the Transfer of Physical Assets (TPA) process, Housing Assistance Payments (HAP) Contracts, and the HAP Contract renewal process.

Schuyler's familiarity with these programs helped her reposition Section 202 projects with approval from to HUD to subordinate and recast existing 202 loans in connection with larger refinancing. She has also represented private developers in public housing conversions under the Rental Assistance Demonstration (RAD) program.

Schuyler represents private developers in transactions involving large office buildings and warehouses. She deals with corporate matters including reviewing and revising organizational documents, forming new or affiliated entities and employing effective governance structures.

She is an active participant of the ABA Forum of Affordable Housing, serving as the HUD Committee Co-Chair and on the Forum's Governing Committee. Schuyler also is the co-author of the Heard from HUD Column in the Forum's Journal on Affordable Housing and Community Development.

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Practice Focus

  • Affordable housing development and asset management
  • Multifamily real estate development and financing
  • Commercial real estate development and financing