Working alongside my clients, I often find myself at the center of a metaphorical rotary – managing the flow of information and providing direction to multiple parties. It is my job to help my clients and their partners arrive at the common destination – building and supporting communities.
Teresa Santalucia’s practice lies at the intersection of affordable housing, community development, and nonprofit law. For over 20 years, Teresa has worked with public and nonprofit organizations on various affordable housing and community development projects. Representing community development corporations, tenant organizations, and other national and local nonprofits, Teresa has deep experience structuring and closing mixed-finance and mixed-use developments. She utilizes a broad array of financing tools, including Federal and State LIHTC, MassDocs, tax-exempt bonds, and Section 8, as well as local sources such as HOME, CDBG, and CPA. In conjunction with this work, Teresa partners with housing authorities throughout Massachusetts on issues such as creating nonprofit affiliates, repositioning federal and state public housing, and negotiating with third-party development partners.
In addition to her transaction work, Teresa serves as outside general counsel to a range of newly formed and well-established nonprofits, providing support so clients can focus on their mission-critical activities. Her nonprofit experience covers formation, regulatory compliance, joint venture restructuring, governance, conflicts of interest, advocacy, lobbying, mergers, acquisitions, dissolutions, and more. Teresa uses her experience to develop training and workshops for nonprofit board members and senior staff to understand best practices in these areas better.
Combining her work in affordable housing and nonprofit law, Teresa shares her insights in her book Beginner’s Guide to Nonprofit and Affordable Housing Partnership (American Bar Association).
Teresa is a dedicated client team member with a passion for meaningful work and a pragmatic, process-informed approach. She shares in her clients’ challenges and successes, ready to provide hands-on assistance, and always ensures they have everything they need to succeed. Her practical and steady guidance helps clients address the many issues that are part of any development process.
