Tax Credits, Affordable Housing, & Economic Development

Experience

Redevelopment of a Mixed-Use Retail and Office Using Tax Credits

Advised a local economic catalytic organization as the Qualified Active Low-Income Community Business (“QALICB”) in a transaction that involved New Markets and Historic Tax Credits. The tax credits were used to redevelop a mixed-use retail and office as part of a comprehensive revitalization effort.

Development of a Midwestern hospital

Served as counsel for the source and direct lender in the financing for the development of a Midwestern hospital in a deal that utilized New Markets Tax Credits and assisted the lender and other parties to resolve a myriad of complex real estate problems that arose during the project.

Acquisition, Financing and Restoration of an Historic Inner City Hotel

Represented a developer in a joint venture with a Minority Business Enterprise in a $35 million project involving the acquisition, financing and restoration of an historic inner city hotel, which included both the conversion to office space and the leasing of the office to a major healthcare organization. The transaction “twinned” New Markets and Historic Tax Credits in conjunction with other private and public financing vehicles.