Dinsmore maintains one of the most experienced public finance housing practices in the United States. We are consistently among the most active firms in the country, serving as bond counsel and counsel to underwriters and placement agents for housing financings.
Our goal is simple: to meet our client’s objective of providing affordable housing while keeping transactions smooth and on schedule, regardless of complexity or complication. We pride ourselves on our innovative approach and are dedicated to ensuring safe, decent and affordable housing for communities across the nation. We accomplish our goals by maintaining one of the most experienced affordable housing practices in the United States – experience which dates back to when public housing was first initiated.
Our housing attorneys are active members in numerous housing organizations, including the:
- Leased Housing Association
- National Association of Bond Lawyers
- Mortgage Bankers Association
- National Housing and Rehabilitation Association
- American Bar Association Forum on Affordable Housing and Community Development Law
- Association of Local Housing Finance Agencies
- National Council of State Housing Finance Agencies
These activities not only provide further background and knowledge in housing finance but also allow for a dialogue with the affordable housing community.
Often, the single most difficult aspect of structuring housing finance transactions is the complexity of the tax issues involved. The appropriate and successful resolution of tax issues may determine whether a public entity is able to effectively engage in a desired financing. Our concentration in public finance has enabled us to develop highly sophisticated federal tax law support. Our tax attorneys review hundreds of transactions per year, so we are truly conversant in all new financing techniques and developments. This depth of support and experience is integral to our evaluation and success with transactions involving complex financing structures and issues. Our tax attorneys maintain active and regular communication with their counterparts in other major public finance firms around the country, as well as with the United States Department of the Treasury and the Internal Revenue Service. Included within the services provided by our tax attorneys are computational/financial services, which we believe have been developed on a par with any available industry technology. Our ability to provide high quality tax assistance enables clients to consider innovative approaches unknown to firms with less in-depth bond and tax experience.
Our deep experience handling these calculations for clients across the country has provided us with the practical insight to ensure our clients are in compliance with the Internal Revenue Code (IRC). We provide detailed calculations, if necessary, and ensure compliance with the IRC.