Rick Morrow

Richard Morrow


Partner

 

Overview

Rick Morrow focuses his practice on representing for-profit and nonprofit developers in connection with the acquisition, financing, development, construction, management, and disposition of affordable housing. He has extensive experience negotiating complex financing transactions implementing low-income housing tax credits, HUD and FHA-insured loans and programs, including the 223(f) and 221(d)(4) programs, Section 8 rental assistance, and RAD, USDA RD financing, CDBG funds, Federal Home Loan Bank AHP loans, HOME financing, HTF financing, tax-exempt bonds, Fannie Mae and Freddie Mac multi-family loan programs, TCAP and Tax Exchange programs, and disaster relief funds, as well as other federal, state, and local government subsidies and financing sources.  Development work includes preparing and negotiating property development and use agreements, management agreements, complex easements, and ground leases.  Additionally, Rick represents a variety of traditional real estate investors and developers in connection with the acquisition, development, and disposition of commercial real estate, including raw land, retail shopping centers, office buildings, multi-family, and mixed-use developments.

Professional Affiliations and Recognitions

  • Member, American Bar Association
    • Forum on Affordable Housing & Community Development
    • Advisory Panel
    • Real Property, Trust and Estate Law Section
  • Member, Texas Bar Association
    • Real Property, Trust and Estate Law Section
  • Member, Austin Bar Association
    • Real Estate Section
  • Member, Real Estate Counsel of Austin
    • Affordable Housing Committee
    • Gardner Betts Auction Committee
  • Member, Texas Association of Community Development Corporations (TACDC)
    • TACDC Roundtable

Community Leadership

  • Member, The Contemporary Austin
    • Patrons' Circle
  • Member, Austin Chamber of Commerce
    • Committee on Affordable Housing
  • Member, KUT Public Broadcasting
    • Leadership Circle