Tax Credit Finance & Syndication
TAX CREDIT FINANCE & SYNDICATION
Tax credits play an important role in the financing and development of affordable housing and historic preservation projects, as well as commercial and mixed-use real estate in low-income communities. The attorneys in Nixon Peabody’s Tax Credit Finance & Syndication practice are among the nation’s foremost legal authorities in transactions involving the low-income housing tax credit, the new markets tax credit, and the historic rehabilitation tax credit. We also handle transactions involving the production tax credit for renewable energy. Our depth of experience allows us to expeditiously handle projects requiring fast turnaround and provide outstanding client service. The firm’s Tax Credit Finance & Syndication practice is the largest of its kind in the world.
Creative solutions for complex challenges
In an increasing number of cases, we can help our clients combine tax credits in one project. So for example, an affordable housing project might be a candidate for a rooftop solar installation, thus stabilizing the development’s energy costs and lowering bills for the owner or residents. A project that involves energy production in a qualifying area, whether a solar facility or fuel cell, might garner both New Markets and energy tax credits. We have assisted with numerous projects that use state tax incentives in conjunction with federal tax credits, bringing still more value to investors and developers. We also take this comprehensive approach in working with clients on investment strategies—a combination of different credits can help address their specific investment objectives and concerns. Clients include:
- Housing credit syndicators
- Direct investors
- For-profit and nonprofit developers
- Public agencies
- Trade associations
- Affordable housing lenders
- Energy companies (wind, solar, etc.)
- States, cities, and municipalities
Our lawyers bring a multidisciplinary perspective to the practice, derived from training in business, finance, real estate, partnership, securities, and tax law. We publish and lecture extensively on up-to-date issues around tax credits and related matters. Deep experience and broad understanding of all tax credit programs enable us to offer clients creative solutions to complex problems.
Nixon Peabody offers a full range of tax credit transaction services, including:
- Business and tax structuring
- Securities laws
- Real estate acquisitions
- Public and private finance
- Due diligence
- Regulatory compliance
- Asset management
- Work-outs of troubled transactions
- Government and regulatory relations
IPED Conferences and Seminars
Please also visit the Institute for Professional and Executive Development (IPED) for more conference and seminar offerings.
- People on the Move
Boston Business Journal | May 2, 2013
This coverage highlights Boston Tax Credit Finance & Syndication partners John Cornell and Forrest Milder as recipients of the 2013 Paul E. Tsongas Award presented by Preservation Massachusetts for their contributions to preserving the Commonwealth’s historic resources.
- The Current: Anticipating Tax Issues in Renewable Energy Investment Tax Credit Transactions. Part 2
Novogradac Journal of Tax Credits | May 1, 2013
Boston Tax Credit Finance & Syndication partner Forrest Milder authored this column discussing investment tax credits and others issues that are most likely to arise in a renewable energy tax equity transaction.
- Q&A: Nixon Peabody's Jeffrey Lesk
The Blog of Legal Times | April 30, 2013
This article profiles Washington, DC, office managing partner and Tax Credit Finance & Syndication practice group leader Jeff Lesk.