Watt Taylor is a founding shareholder in the firm. Watt has more than 25 years of housing and real estate experience with an emphasis on federal programs providing financing and other governmental assistance to multi-family housing and health care facilities. He served for eight years as Regional Counsel for the Department of Housing and Urban Development in Seattle, WA from 1982 through 1990. Since that time, his practice has emphasized real estate development and management related to all housing programs and health care administered by HUD and USDA.
Watt assists owners, developers, lenders, real estate investment trusts, management companies, and housing authorities with financing, closing, sales, and other transactions involving FHA-insured multi-family projects, assisted living facilities, nursing homes, Section 202 and 811 capital advance projects, refinancings involving existing Section 202 projects, tax-exempt bond financed projects, and other conventionally financed developments. Watt and his colleagues were the first to combine FHA financing and Low Income Housing Tax Credits in the Northwest, as well as the first in the country to combine the HUD Capital Advance Program with Low Income Housing Tax Credits. Further, Watt has assisted a variety of clients considering the transfer of Section 8 HAP Contracts through the Section 318 program.
In addition, based on his experience at HUD when the Fair Housing Amendments Act of 1988 was passed, Watt provides advice and guidance to owners, management companies, lenders and tax credit investors in relation to all aspects of federal fair housing, including issues related to persons with disabilities, senior housing, and special needs housing.
When not in the office, Watt loves the outdoors, including skiing, hiking and trail running.
Affiliations:
- ABA Forum on Affordable Housing and Community Development Law - Governing Committee
- Affordable Housing Management Association of Washington
- Washington State Council for Affordable and Rural Housing
- Western Mortgagee Advisory Council
- Rotary Club of Seattle
Bar Admissions:
- States of Washington, Alaska and Idaho
Education:
- University of Idaho, J.D.
- Colorado College, B.A.