Tax Credit Financing
We are an industry leader on advising lenders, investors, brokers, allocatees and borrowers on a variety of tax credit matters.
The firm represents clients in complex financing transactions involving a variety of state and federal tax incentive programs, including federal and state New Markets Tax Credits, federal and state Historic Rehabilitation Tax Credits, Louisiana Motion Picture Tax Credits, Louisiana Digital Media/Video Game Tax Credits, Louisiana Angel Investor Tax Credits, and Louisiana Low Income Housing Tax Credits.
Attorneys also represent lenders and borrowers in complex financing transactions, including transactions supported by bond financing. Our clients benefit not only from our vast tax experience but also from our guidance on the real estate, securities, and corporate law aspects of transactions.
Representative Experience
- Represented Provident Resources Group in the acquisition, financing, development, construction, management, and operation of an upscale full-service hotel located adjacent to the new United States Air Force Academy Visitor Center in Colorado Springs, Colo.; hotel revenue bonds amounted to approximately $230 million.
- Represented Provident Resources Group in its nonprofit ownership interest in a $185 million tax-exempt bond for the development of a San Antonio, Tex. housing development.
- Advised on the $37 million financing of a mixed-use residential and commercial building, the first in the country to combine federal and state new markets and historic tax credits with an FHA-insured loan.
