Affordable Housing Tax Credits (LIHTC) - Federal & State

Low-income housing tax credit projects present a variety of complex tax issues for all parties to the transaction. Developers, syndicators and investors can benefit from the advice of highly experienced, nationally recognized legal counsel.

Our experienced team includes a vice president and member of the Board of Directors of the National Housing and Rehabilitation Association, a former IRS Revenue Agent and Tax Law Specialist, a member of the Editorial Advisory Board of The Low-Income Housing Tax Credit Advisor and regular speakers and participants at national tax credit conferences.  We have also represented many developers and lenders in addressing the real estate issues typically confronted in housing transactions involving LIHTC.

Together, we have been involved in virtually every phase and aspect of LIHTC transactions.

Representative Matters:

  • Represented syndicators, investors and developers in closing hundreds of low-income housing tax credit transactions
  • Helped our clients negotiate, structure, document and close transactions combining federal LIHTC with other state tax credits, including state low-income housing tax credit, and federal and state historic rehabilitation tax credits
  • Helped syndicators, investors, developers and state allocation agencies interpret and comply with legislative and administrative requirements
  • Advised clients on continuing compliance and asset management issues, including issues arising in connection with investment in and management of troubled or distressed LIHTC projects
  • Advised clients with respect to purchase of LIHTC portfolios and unwinding transactions at the end of the applicable investment period
  • Represented investors in state tax credit funds for Georgia state low-income housing credits
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Jerome A. Breed
Partners/Counsel
Robert G. Coberly
William G. Driggers
Jay J. Levin
David N. Minkin
Donna Marie Rodney
Carolyn A. Rowland
Colin W. Uckert
Gregory H. Worthy
Associates
Corenia R. Burlingame
John R. Dalton
Elizabeth P. Foley
Heather M. Gazan
Diane B. Greenlee
Louis J. Grimmelbein
Robin Heimann
Margaret E. Redman
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