Aaron Yowell helps to create and preserve affordable and transitional housing, advising both for-profit and nonprofit developers, private equity investors, and family offices, with a particular focus on novel and unconventional structures and the trickiest and most complex transactions in the market. Aaron works regularly with a wide range of tax credits, including state and federal low-income housing and historic tax credits, New Jersey Aspire tax credits, brownfields tax credits, and energy tax credits, as well as real property tax incentive programs (including Article XI, 420-c, and 420-a in New York and a range of other exemption models in jurisdictions around the country). He advises clients in all aspects of project development, new construction, rehabilitation, and operation, including acquisitions, dispositions, regulatory matters, public and private financings (including 501(c)(3) bond transactions), joint ventures, REIT structuring, and investments. Aaron works on transactions nationwide, with work on recent projects located in New York, New Jersey, California, Ohio, Pennsylvania, South Carolina, North Carolina, Minnesota, Louisiana, Virginia, New Hampshire, and Maine. Aaron has led top teams in a wide range of high-profile affordable housing transactions in New York City and State, including preservation transactions through the New York City Housing Authority PACT (Permanent Affordability Commitment Together) program and the Mitchell-Lama Housing Program, as well as complex new construction projects relying on inclusionary housing, HPD’s Senior Affordable Rental Apartments (SARA), and Supportive Housing Loan Program (SHLP), and operating subsidies including 15/15, contracts from the Department of Homeless Services (DHS), and Human Resources Administration (HRA) contracts supporting supportive housing. Aaron has also advised institutional owners and investors in some of the largest recent affordable housing transactions, including the acquisition and refinancing of Spring Creek Towers, the largest HUD-subsidized property in the country, and several large affordable housing portfolio recapitalizations and dispositions. In his capacity as Chief Innovation Officer, Aaron leads Nixon Peabody’s Innovation Team, spearheading the firm’s efforts with respect to artificial intelligence, including large language models and generative AI tools that are now embedded in the firm’s day-to-day practice. He has built leading-edge collaboration and other technology to deliver efficient and high-quality legal services across the firm’s diverse client base, including its housing clients.