Torri Armstrong concentrates her practice in the financing and development of complex commercial real estate, particularly affordable housing and public finance projects. Torri represents a variety of parties in complex commercial real estate transactions, including lenders, developers, and bond underwriters in tax-exempt municipal debt offerings. Her practice has a particular focus on affordable housing. She works extensively with the Firm's public housing authority clients on HUD's Rental Assistance Demonstration (RAD) project transactions. She also advises non-profit and for-profit developers developing new housing and redeveloping aging assets utilizing low-income housing tax credits and other funding sources – including tax-exempt housing bonds, HOME Funds, Housing Trust Funds, Affordable Housing Program Funds, USDA Direct Loans under Section 515, and USDA Guaranteed Loans under Section 538 – as well as a variety of rental subsidies, including public housing capital and operating subsidies, Project Based Section 8 assistance, Section 8 Project Based Vouchers, Section 8 Vouchers under RAD, and RD Rental Assistance to develop new housing or redevelop aging assets. Torri also regularly represents a national underwriter of tax-exempt housing bonds on its 4% housing bond deals throughout the state of Tennessee. In addition to her affordable housing work, Torri represents a national developer in the acquisition of sites for discount retail stores and a national poultry producer in its secured lending program for poultry growers.