People: Sherman E. Golden, Senior Counsel

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Sherman E. Golden

Senior Counsel

Atlanta
Direct: (404) 885-1500
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Sherman E. Golden is senior counsel in the Corporate practice group in the Atlanta office of Seyfarth Shaw LLP.  Mr. Golden has substantial local and national experience in tax-exempt multifamily and single-family housing and community development, including the establishment of local housing equity funds, public-private housing partnerships, housing trust funds, and construction and permanent financing for both single and multifamily affordable housing developments.  Mr. Golden also has extensive experience representing local governments in land use, infrastructure and urban environmental matters, including the drafting of urban impact fee ordinances, storm water ordinances and zoning and subdivision control ordinances.  He has served as bond counsel, underwriter’s counsel, issuer’s counsel and borrower’s counsel on a variety of general obligation, revenue and lease transactions. His activities have included attracting private capital to public works and creating public/private partnerships financing of capital projects.  He has also been involved in attracting public subsidies to private projects for commercial, residential and mixed use.  Mr. Golden has been extensively involved in economic development through the identification and structuring of financings for specific economic development projects with an emphasis on urban redevelopment.  He has represented both public and private interests and consulted with local governments on various matters.

Mr. Golden provides a blend of experience between the legal profession and local government.  In addition to practicing law with two major Atlanta law firms, he brings a broad background in public service to the firm.  During his four-year tenure as Assistant Director for the Fulton County Department of Planning and Economic Development, he was responsible for financial and tax-based incentives offered by the County to private businesses and development, including tax-exempt financing, ad valorem tax abatements, grants and below-market rate direct loans.  In that capacity, he served as Administrator of the Fulton County Development Authority and President of the Fulton County Development Corporation in which he gained experience in all areas of economic development, including infrastructure financing, job creation mechanisms, housing and federal subsidy programs.  His prior experience with the City of Atlanta Department of Parks, Libraries and Cultural Affairs includes developing long-term plans for parks and libraries and establishing the Office of International Affairs.

Mr. Golden’s experience with housing finance is extensive in both the tax‑exempt and conventional markets.  In both markets, he has worked on traditional multifamily rental transactions, single-family subdivisions, rental lofts, condominiums, cooperatives, SROs and senior housing.  He has represented bond issuers, conventional lenders, governmental lenders, borrowers, developers and syndicators.  He has represented limited partnerships, limited partners, general partners, limited liability companies, managing members, for‑profit corporations and not‑for‑profit corporations. He has worked with various federal subsidy programs, including:  CDBG, HOME Funds, project‑based Section 8, HOPE VI, the Low Income Housing Tax Credit (LIHTC) program, and the Affordable Housing Program (AHP) of the Federal Home Loan Bank.  He has also worked with local governmental subsidy programs that provide down payment assistance and rental subsidies.  Mr. Golden also represented the Georgia Housing Finance Agency as lender’s counsel when it loaned HOME funds to various housing sponsors throughout the state.

Mr. Golden has also been an innovator in housing finance in his community.  He helped establish the Atlanta Neighborhood Development Partnership (ANDP), Georgia’s first well- financed regional nonprofit developer and sponsor, and served as its general counsel.  He also helped established the Atlanta Mortgage Consortium (AMC), a consortium of local banks and mortgage companies that was formed to provide subsidized mortgages primarily for first‑time homebuyers.  Mr. Golden also innovated the use of tax‑exempt bonds to provide construction funds for single family housing in the State of Georgia.

Sherman E. Golden is senior counsel in the Corporate practice group in the Atlanta office of Seyfarth Shaw LLP.  Mr. Golden has substantial local and national experience in tax-exempt multifamily and single-family housing and community development, including the establishment of local housing equity funds, public-private housing partnerships, housing trust funds, and construction and permanent financing for both single and multifamily affordable housing developments.  Mr. Golden also has extensive experience representing local governments in land use, infrastructure and urban environmental matters, including the drafting of urban impact fee ordinances, storm water ordinances and zoning and subdivision control ordinances.  He has served as bond counsel, underwriter’s counsel, issuer’s counsel and borrower’s counsel on a variety of general obligation, revenue and lease transactions. His activities have included attracting private capital to public works and creating public/private partnerships financing of capital projects.  He has also been involved in attracting public subsidies to private projects for commercial, residential and mixed use.  Mr. Golden has been extensively involved in economic development through the identification and structuring of financings for specific economic development projects with an emphasis on urban redevelopment.  He has represented both public and private interests and consulted with local governments on various matters.

Mr. Golden provides a blend of experience between the legal profession and local government.  In addition to practicing law with two major Atlanta law firms, he brings a broad background in public service to the firm.  During his four-year tenure as Assistant Director for the Fulton County Department of Planning and Economic Development, he was responsible for financial and tax-based incentives offered by the County to private businesses and development, including tax-exempt financing, ad valorem tax abatements, grants and below-market rate direct loans.  In that capacity, he served as Administrator of the Fulton County Development Authority and President of the Fulton County Development Corporation in which he gained experience in all areas of economic development, including infrastructure financing, job creation mechanisms, housing and federal subsidy programs.  His prior experience with the City of Atlanta Department of Parks, Libraries and Cultural Affairs includes developing long-term plans for parks and libraries and establishing the Office of International Affairs.

Mr. Golden’s experience with housing finance is extensive in both the tax‑exempt and conventional markets.  In both markets, he has worked on traditional multifamily rental transactions, single-family subdivisions, rental lofts, condominiums, cooperatives, SROs and senior housing.  He has represented bond issuers, conventional lenders, governmental lenders, borrowers, developers and syndicators.  He has represented limited partnerships, limited partners, general partners, limited liability companies, managing members, for‑profit corporations and not‑for‑profit corporations. He has worked with various federal subsidy programs, including:  CDBG, HOME Funds, project‑based Section 8, HOPE VI, the Low Income Housing Tax Credit (LIHTC) program, and the Affordable Housing Program (AHP) of the Federal Home Loan Bank.  He has also worked with local governmental subsidy programs that provide down payment assistance and rental subsidies.  Mr. Golden also represented the Georgia Housing Finance Agency as lender’s counsel when it loaned HOME funds to various housing sponsors throughout the state.

Mr. Golden has also been an innovator in housing finance in his community.  He helped establish the Atlanta Neighborhood Development Partnership (ANDP), Georgia’s first well- financed regional nonprofit developer and sponsor, and served as its general counsel.  He also helped established the Atlanta Mortgage Consortium (AMC), a consortium of local banks and mortgage companies that was formed to provide subsidized mortgages primarily for first‑time homebuyers.  Mr. Golden also innovated the use of tax‑exempt bonds to provide construction funds for single family housing in the State of Georgia.

Education

  • J.D., Georgetown University Law Center (1982)
    Earl Warren Scholar
  • B.A., University of North Carolina (1976)
    Morehead Scholar

Admissions

  • Georgia

Affiliations

  • Fulton County, Georgia Development (Chair)
  • Assistant Director (Financial Business Services)
  • Housing Authority of Fulton County Georgia
  • Fulton County, Georgia Housing Authority
  • Mayoral appointee
  • Atlanta Urban Design Commission
  • Southeastern Reinvestment Ventures (Community Loan Fund) (President and Chair)