Announcing Hust Law Firm, PLLC, founded by Bridget A. Hust and focusing on Real Estate law

 

Clover Field Homes – Chaska

Represented the developer of an affordable rental housing complex containing 117 apartments and 7,000 square feet of commercial space for low-income families in a suburban community.
Major elements of the representation included assistance in claiming low-income housing tax credits and obtaining HUD-insured loans. Seven other subordinate loans were also secured, including a tax increment financing loan.
In addition, litigation was commenced against a local homeowners association to invalidate certain association restrictions purported to be imposed on the project’s development. The development, which houses four formerly homeless families, furthers the region’s goals for creating affordable housing in suburban communities.

 

Ripley Gardens

Ripley Gardens is a redevelopment of the historic Ripley Memorial Hospital now providing rental and home ownership opportunities for lower-income families.   The $16 million project was financed by low-income housing tax credits, a HUD-insured loan, and a number of other loans from various governmental entities.

 

Midtown Exchange

Represented the housing developer of the historic Sears   Midtown Exchange project. The original site of the Sears Roebuck building was   renovated into 219 apartments and 89 condominiums. The residential component is   part of a major $265 million renovation that includes a hotel and office space.   The project was winner of The Best in Real Estate in 2005 presented by the Minneapolis/St. Paul Business Journal and the 2005 Deal of the Year Award presented by CREW (Commercial Real Estate Women’s Network).