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Dealmakers of the Year 2011: Maintenance Job

The American Lawyer
Ballard Spahr real estate and public finance partner Paul Casey helped the New York City Housing Authority find relief in an obscure provision of the 2009 American Recovery and Reinvestment Act that allowed public housing authorities to receive federal funds if the transaction uses a combination of public- and private-sector money. Here, Casey and NYCHA general counsel Sonya Kaloyanides discuss the problems facing housing authorities and a few possible solutions.