Greensboro Housing Authority Shared Valuable Expertise in RAD Portfolio Conversions [Video Available]

Sherrod Banks Catherine Liu, Housing & Community Development, Publications

In 2015, the Greensboro Housing Authority (“GHA”) took a significant step in repositioning its assets by converting 893 units in eight public housing developments to project-based Section 8 units under the HUD RAD program. Some of the transactions involved FHA mortgage loans, Fannie Mae mortgage loans, tax-exempt bonds and low-income housing tax credits, and some had no outside financing at …

Property Tax Exemptions for Affordable Housing Projects [Video Available]

Sherrod Banks Housing & Community Development, Publications, Sherrod Banks

Filing deadlines are fast approaching in North Carolina Sherrod Banks gave a free seminar on property tax exemptions for affordable housing in North Carolina and South Carolina at the Carolinas Council Conference in Myrtle Beach, South Carolina, just in time for developers, owners and housing authorities to prepare applications for property tax exemptions for 2016.   Applications for tax exemptions are …

Danielle Barbour Wilson Named Rising Star by NC Super Lawyers Magazine

Sherrod Banks Announcements, Danielle Wilson, Firm News

Principal Danielle Barbour Wilson has been named a Rising Star by North Carolina Super Lawyers Magazine for 2016. This coveted list honors up-and-coming attorneys who are either under the age of 40 or have been practicing for 10 years or less. Each year, the publishers of Super Lawyers Magazine, undertake a rigorous multi-phase selection process that includes a statewide survey …

Can We Keep Our Communities Safe?

Sherrod Banks Uncategorized

It could become more difficult for PHAs to provide safe communities if the N.C. Supreme Court affirms East Regional Housing Authority vs. Lofton where the N.C. Court of Appeals held that a PHA cannot evict a tenant who claims no knowledge of the criminal misconduct occurring in the tenant’s apartment by her guest if the result of the eviction would be …

Updated FMLA Forms Released by the DOL

Sherrod Banks Family Medical Leave Act

The United States Department of Labor (DOL) has recently updated its standard Family and Medical Leave Act (FMLA) forms in an effort to comport with the Genetic Information and Nondiscrimination Act (GINA), among other federal laws.  GINA, one of the lesser-known anti-discrimination statutes, prohibits the use of genetic information in making employment decisions, restricts employers from requesting, requiring or purchasing …

Ted Edwards and Danielle Barbour Wilson Join The Banks Law Firm

Sherrod Banks Announcements, Danielle Wilson, Ted Edwards

Sherrod Banks, President of The Banks Law Firm, announced that Ted Edwards and Danielle Barbour Wilson have joined the firm. Edwards joins the practice with a focus on commercial litigation and is a certified mediator, and Wilson joins the practice with a focus in business, commercial and employment litigation. Ted Edwards: Edwards chairs the firm’s litigation section. He counsels clients …

2014 Triangle Golf Challenge: The Reception/Silent/Live Auction

Sherrod Banks Golf Tournament

A great time was had by all who attended The 2014 Triangle Golf Challenge Reception Thursday evening on June 12th.  Participants were treated to wonderful auction items, including jewelry, golf lesson packages, a weekend stay at the Washington Duke Inn, autographed photos and other items by celebrities such as Maya Angelou and Mohammed Ali, gourmet food items, vacation packages and …