1724 10th Street, Suite 110 Sacramento, CA 95811

(916) 444-0286

Stephen A. Strain

Mr. Strain has worked in California’s affordable housing industry since 2001 and been a practicing attorney since 2005.  His practice has focused on the development of affordable housing which has included work in the areas of real property law, residential and mixed-use development, State and Federal Low Income Housing Tax Credit Law, Tax-Exempt Bond financing, partnership and business organization law and title and escrow matters. 

He has represented both non-profit and for-profit developer clients with affordable housing projects throughout California.  Since entering California’s affordable housing industry he has been involved with more than 150 affordable housing projects consisting of more than 11,000 affordable rental housing units.

In this capacity, he has assisted in securing and/or closing construction and permanent debt and equity financing with California Statewide Communities Development Authority, California Municipal Finance Authority, Golden State Finance Authority, Wells Fargo, Citibank, Umpqua Bank, J.P. Morgan Chase, Pacific Western Bank, California Housing Finance Agency, California Department of Housing and Community Development, the United States Department of Housing and Urban Development, Fannie Mae, Freddie Mac, California Community Reinvestment Corporation, Boston Financial, WNC & Associates, The Richman Group, Redstone Capital, RBC Capital Markets, National Equity Fund, Aegon, Enterprise, R4 Capital, Raymond James and other financial and investment groups.  He has also assisted in securing and closing soft, subordinate financing from local jurisdictions at the city and county level throughout California.

          Mr. Strain has worked as both consultant and borrower counsel with a variety of Federal and California State financing programs including the HOME Investments Partnerships Program, the Affordable Housing and Sustainable Communities Program, the Community Development Block Grant Program, the Homekey Program, the Infill Infrastructure Grant Program, the Transit Oriented Development Program, the Joe Serna Jr. Farmworker Housing Grant Program, the Multifamily Housing Program, the National Housing Trust Fund Program, the Mental Health Services Act Program, the No Place Like Home Program and the Veterans Housing and Homelessness Prevention Program among others.   

Admissions
• State Bar of California

Education
• J.D. University of the Pacific-McGeorge School of Law (Order of the Coif, 2005)
• B.A. University of California-Santa Barbara (History, 1996)

Memberships
• California State Bar Association
• Sacramento County Bar Association