Community Development Finance



We partner with our clients to structure their present and future tax credit transactions. From housing and new markets to historic preservation and renewable energy, no firm has a deeper bench of well-connected industry experts.

Our approach

The U.S. government has supported qualifying projects with billions of dollars in tax credits and grants since the programs’ inception. Tax credits make many community development ventures financially feasible—yet more complex. With experience in thousands of these deals, we know what will work and can help you shape unique projects that will work financially and offer the added benefit of positive social impact.

The key programs we use to help our clients:

Low-Income Housing Tax Credit (LIHTC)

Created more than 2.4 million units of affordable housing since 1986 and generates about 120,000 more each year.

We helped shape the legislation that created the LIHTC and have contributed to every major federal housing program since 1970, making our team LIHTC’s unparalleled problem solvers.

New Markets Tax Credit (NMTC)

Supports projects that often revitalize underserved urban and rural neighborhoods. We help clients close hundreds of NMTC transactions to build charter schools, hotels, commercial and mixed-use developments.

Historic Rehabilitation Tax Credit (HTC)

Critical driver of downtown real estate investment and community revitalization. Old buildings have a singular role in “placemaking” our neighborhoods as vibrant and desirable places to live. We help our clients bring new life to theaters, former factories and old gems like armories and department stores.

Energy Tax Credits

Traditionally utilized primarily for solar and fuel cell transactions, have recently been instrumental in the financing of wind and biomass facilities too. We assist our clients in all aspects of the development and financing of energy installations of all sizes, including from residential rooftop solar facilities to utility-scale, ground-mounted solar facilities for the military; from single wind turbines to large wind farms.

Who we work with

  • Institutional investor clients including banks and other financial institutions, as well as insurance companies, direct investors and others seeking social investment opportunities. These clients depend on us not only to structure and give tax advice on a deal, but also to provide asset management, compliance and legislative assistance.
  • Lenders, including nonprofit and for-profit CDEs and CDFIs.
  • Fortune 100 corporations participating in direct and secondary investments generating tax credits rely on us to partner with their tax, legal and financial departments to negotiate and structure tax credit projects.
  • Nonprofit organizations, cities and states seeking to amplify community revitalization initiatives through tax credits. We assist these clients in every phase of the process.
  • For-profit developers and energy companies hoping to leverage their investments with tax credits.
  • Underwriters and secondary market participants needing technical and structuring advice.

IPED Conferences and Seminars

Please also visit the Institute for Professional and Executive Development (IPED) for more conference and seminar offerings.

Has Covid-19 And Its Accelerated Work-From-Home Experiment Permanently Changed The Future Of Cities?

Forbes | July 31, 2020

In this contributed article, Los Angeles Project Finance & Public Finance partner Rudy Salo discusses how COVID-19 and the forced work-from-home experiment may have permanently changed the future of cities as the epicenters of the economy.

SFO prepares bond refunding as airport rides out pandemic

Bond Buyer | July 30, 2020

This article about San Francisco International Airport (SFO) and its preparations for a $291 million bond refunding deal mentions NP as disclosure counsel. San Francisco partner Travis Gibbs and Los Angeles partner Dan Deaton and counsel Heather White, all of the Project Finance and Public Finance Group, advised on this matter.

Top muni bond counsel first half 2020

The Bond Buyer | July 15, 2020

This article on municipal bond counsel rankings lists Nixon Peabody among the top 10 bond counsel firms for the first half of the year.

SUNY seeks near-term relief with $328.5M bond deal

The Bond Buyer | July 13, 2020

This article, covering the State University of New York’s sale of $328.5 million in federally taxable dormitory facilities revenue bonds, mentions NP as bond counsel. New York City Project Finance & Public Finance partner Virginia Wong and counsel Abigail Sterling Olsen worked with SUNY on the bond sale, which is intended to offset expected declines in student housing revenue due to the pandemic.

COVID-19 Could Change the Future of Transit Funding

Rockefeller Institute of Government | July 07, 2020

In this article on how COVID-19 could impact transit funding, Los Angeles Project Finance & Public Finance partner Rudy Salo is quoted for his outlook on ridership in the Bay Area.

“Execution Mode” – Tax equity scopes out carbon capture

Power Finance & Risk | July 02, 2020

New York City Project Finance & Public Finance partner and Energy & Infrastructure Projects co-leader Ellen Friedman is quoted in this article for her outlook on how the Treasury Department and Internal Revenue Service’s recent guidance on 45Q tax credits will launch innovative carbon capture projects. Ellen is also mentioned for advising OGCI Climate Investments LLP to develop a large-scale carbon capture facility.

INSIGHT: RAD Road to Recovery—HUD Program, Tax Credit Offer Stable Investments

Bloomberg Tax | June 23, 2020

New York City Affordable Housing & Real Estate counsel Kathie Soroka contributed this article on how the Department of Housing and Urban Development’s Rental Assistance Demonstration program can be combined with low-income housing tax credits to provide stable investment opportunities in uncertain times.

Airport P3s – Looking down the runway

Project Finance International | June 16, 2020

Project Finance & Public Finance partners Roddy Devlin, in New York, and Angelica Valencia, in Los Angeles, contributed this article on their outlook on P3s in the airport industry, and the downstream effect of COVID-19 on new project development.

GFOA members urge issuers to disclose coronavirus impacts

The Bond Buyer | June 05, 2020

This article quotes Los Angeles Project Finance and Public Finance partner Dan Deaton on SEC guidance for disclosures and how the uncertainty caused by the pandemic has impacted the market.

SEC Chair Clayton provides guidance on coronavirus disclosure

Bond Buyer | April 23, 2020

In this article discussing SEC Chair Jay Clayton’s guidance on corporate disclosure during the COVID-19 pandemic, Los Angeles Project Finance and Public Finance partner Dan Deaton provides commentary about how the virus is introducing complexities to disclosures across markets.

University of Chicago and several Illinois health systems prepping deals

The Bond Buyer | March 03, 2020

This article mentions Nixon Peabody as borrower’s counsel for NorthShore University Health System’s plan to sell new-money and refunding debt next week. Chicago Project Finance and Public Finance partner Julie Seymour and associate Gretchen Sherwood were the deal attorneys.

Solar Power Access: A Matter of Justice

Washington Lawyer | March 01, 2020

This in-depth profile of New Partners Community Solar features Nixon Peabody’s role in the project and quotes Washington, DC, Community Development Finance senior counsel Jeff Lesk and senior counsel Herb Stevens.

Taxable bond surge boosts Northeast volume

The Bond Buyer | February 21, 2020

This article about year-over-year rise in taxable bond volume noted that Nixon Peabody soared to second place from tenth in the list of top bond counsel in the Northeast.

IRS Guidance Hailed as "Big Win" for Carbon Capture Tax Equity

Power Finance & Risk | February 20, 2020

Washington, DC Community Development Finance partner Shariff Barakat is quoted throughout this article about IRS guidance on a framework for investments in carbon capture and storage projects.

On the Move: Tracking the ins and outs of California lawyers

Law.com – The Recorder | February 07, 2020

This round-up of personnel moves in the legal industry mentions Los Angeles Community Development Finance partner Sonia Nayak, who officially joined the NP partnership as of Feb. 1.

The LA Deal Sheet

Bisnow | February 04, 2020

This round-up of executive and transactional news in Southern California notes the promotion of Los Angeles Community Development Finance attorney Sonia Nayak to partner.

Four mobility takeaways from CES 2020

Forbes | February 01, 2020

Los Angeles Project Finance and Public Finance partner Rudy Salo focuses his latest contributed column on several mobility-related takeaways from CES 2020, including the latest developments in autonomous vehicle adoption.

Member Spotlight: Jade Turner-Bond

National Association of Bond Lawyers | January 31, 2020

Los Angeles Project Finance and Public Finance associate Jade Turner-Bond discusses her career, her hobbies, and the value of NABL membership in this Q+A.

Top muni bond counsel of 2019

The Bond Buyer | January 21, 2020

This story highlights Nixon Peabody is one of the top 10 firms for municipal bond counsel work in 2019.

Boomers exiting the suburbs could help transform infrastructure and land-use policy

Forbes | January 16, 2020

In his latest contributed column for Forbes, Los Angeles Project Finance and Public Finance partner Rudy Salo explains how the coming wave of Baby Boomer retirements could change transportation habits and land-use trends.

INSIGHT: Highlights of the final Opportunity Zone regulations

Bloomberg Tax | January 06, 2020

Boston Community Development Finance partner Forrest Milder wrote this contributed article analyzing the recently finalized IRS regulations governing opportunity zones.

It's a wrap: Munis end on a quiet note

The Bond Buyer | December 31, 2019

This article mentions Nixon Peabody’s role as bond counsel to the Metropolitan Transportation Authority in its sale of green revenue bonds and bond anticipation notes.

First take on final OZ regulations

Affordable Housing Finance | December 26, 2019

Boston Community Development Finance partner Forrest Milder wrote this contributed article analyzing the final IRS regulations governing opportunity zones, the tax-advantaged investment opportunity created by Congress in 2017.

Why Are L.A.’s Transit Numbers Dropping?

Forbes | December 19, 2019

Los Angeles Project Finance & Public Finance partner Rudy Salo authored this column about how a dearth of affordable housing close to public transit stops is one of the biggest factors contributing to a drop in L.A. transit ridership.

The General Counsel’s Big Opportunity to Protect Reputation: 6 Tips

Corporate Counsel | December 16, 2019

This article, covering six tips for general counsel to fortify their corporate reputations, cites New Partners Community Solar Corporation as an example of effectively collaborating with others for greater impact. The authors mention Nixon Peabody’s collaboration with the District Department of Energy & Environment, Brookfield Properties, National Housing Trust Community Development Fund, Enterprise Community Partners, and Sol Systems in forming NP Community Solar.

Rhode Island Infrastructure Bank to sell water bonds

The Bond Buyer | December 02, 2019

This article highlights Nixon Peabody’s role as bond counsel in the Rhode Island Infrastructure Bank’s planned sale of $154 million of refunding bonds.

The impact of California’s “independent contractor” law on the future of transportation

Forbes | November 21, 2019

Los Angeles Project Finance & Public Finance partner Rudy Salo, in his latest column for Forbes, breaks down the impact of California’s new “independent contractor” law, which makes ride-hailing workers, on-demand delivery drivers and others eligible for the same wages and benefits available to full-time employees.

Lots of muni supply in a short week as market to see $7.6B bonds, $1B+ notes

Bond Buyer | September 03, 2019

This roundup of municipal market news mentions Nixon Peabody for serving as bond counsel to the New York Metropolitan Transportation Authority in its sale of $1 billion of Series 2019D-1 transportation revenue bond anticipation notes.

First-half volume took a Northeast dip

The Bond Buyer | August 19, 2019

This article mentions Nixon Peabody’s ascension to the No. 2 spot in bond counsel rankings in the Northeast for the first half of the year.

San Francisco airport will price into market hungry for California paper

Bond Buyer | August 09, 2019

This article mentions Nixon Peabody’s role as disclosure counsel in San Francisco International Airport’s upcoming pricing of $1.2 million in revenue bonds.

Hawkins holds onto top underwriters counsel 1H ranking and Orrick once again on top of bond counsel 1H rankings

The Bond Buyer | July 17, 2019

Nixon Peabody is featured among the top 10 bond counsel and underwriter counsel in The Bond Buyer’s 2019 first-half rankings.

Could ‘beautiful clean coal’ be the next big thing in tax equity?

Power Finance & Risk | July 03, 2019

This story features New York City Project Finance and Public Finance partner Ellen Friedman discussing the view within the tax equity community about alternative investment structures for tax credits resulting from carbon capture activity. 

Rhode Island Infrastructure Bank to sell drinking water bonds

The Bond Buyer | June 12, 2019

This article mentions Nixon Peabody as bond counsel for the sale of $42.3 million in fixed-rate safe drinking water bonds.

Nixon Peabody boosts infrastructure reach through Squire Patton Boggs hires

The Bond Buyer | June 11, 2019

This feature highlights the arrivals of New York City partner Chris Reitzel and Albany counsel Jeff Pohl to Nixon Peabody’s growing Project Finance and Public Finance practice group.

Mod rehab and RAD: The time might be now

Affordable Housing Finance | June 10, 2019

New York City strategic policy advisor Deborah VanAmerongen and Washington DC partner Nate Cushman, both of the Affordable Housing and Real Estate practice group, co-wrote this contributed article highlighting opportunities under HUD’s Rental Assistance Demonstration program.

A deal to note: Los Angeles County sells $700M of TRANs in negotiated deal

The Bond Buyer | June 06, 2019

Nixon Peabody is mentioned in this story as bond counsel to Loudon County, Virginia’s sale of $170.37 million in GO public improvement bonds.

How federal tax reform has impacted real estate

Governing.com | May 20, 2019

Los Angeles Public Finance and Project Finance partner Rudy Salo says the impact of federal tax reform, which included a $10,000 cap on the deduction for state and local taxes, on the real estate market has not been as dire as predicted.

FEC Chair Rips Peers For Nixing Thornton Donation Inquiry

The Bond Buyer | May 20, 2019

Nixon Peabody is mentioned in this article for its work on an opinion on the tax-exempt status of A-2 and B-2 bonds to be offered as an exchange to holders of restructured COFINA bonds.

N.Y. MTA sells more than $1B of notes; CUSIP requests continue to increase

The Bond Buyer | May 17, 2019

This roundup of muni market activity highlights Nixon Peabody’s role as bond counsel in the MTA’s sale of bond anticipation notes to seven groups.

Opportunity Zone investing—How is debt handled in determining the basis step-up after 10 years?

Bloomberg Tax | May 15, 2019

Boston Community Development Finance partner Forrest Milder wrote this contributed article explaining the math behind determining the fair market value of a qualified opportunity fund partnership interest after 10 years.

Experts delve into Opportunity Zones and housing

Affordable Housing Finance | April 21, 2019

Boston Community Development Finance partner Forrest Milder discusses opportunity zones and housing in this video from the AHF Live Forum.

Opportunity zone rules leave out data reporting, penalty details

Bloomberg Tax | April 21, 2019

Boston Community Development Finance partner Forrest Milder is quoted in this article, discussing possible confusion stemming from the murky definition of “independent contractor” in proposed IRS rules governing opportunity zones.

2019 Excellence in Law Award winners

The Daily Record | April 18, 2019

Several colleagues in Nixon Peabody’s Rochester office were recognized by the Daily Record as part of this year’s Excellence in Law Awards. Corporate counsel Anita Pelletier was named one of the Top Women in Law. Project Finance and Public Finance associate Jessica Paulin and Corporate associate Kat Murphy were chosen as Up and Coming Attorneys. Records coordinator Nancy Lopez was honored as an Unsung Legal Hero.

Career Tracker Lawyers on the Move

Reuters Legal | April 14, 2019

The recent additions of New York partner Chris Reitzel  and Albany counsel Jeff Pohl to Nixon Peabody’s Project Finance & Public Finance team are highlighted in Reuters Legal’s Career Tracker column.

Federal Tax Reform May Be Saving Money for States, Even High-Tax Ones

Governing.com | April 11, 2019

This article about the federal tax reform’s impact on states quotes Los Angeles Project Finance and Public Finance partner Rudy Salo discussing the long-term effects it may have on government debt and how voters may react to bonds in the future.

Top DC building owners install solar panels as city sets ambitious clean energy goal

Bisnow | April 09, 2019

This article highlights Nixon Peabody’s nonprofit, New Partners Community Solar. The piece covers phase one of the program and its continued efforts to partner with Washington, DC, building owners to install solar panels on multiple new sites, which will produce renewable energy to benefit local low-income residents. The piece also notes that Washington, DC, Community Development Finance partner Jeff Lesk will discuss this clean energy initiative at Bisnow’s upcoming Greater DC Solar and Sustainability Summit.

Movers & Shakers

The Deal | April 07, 2019

The additions of New York City partner Chris Reitzel and Albany counsel Jeff Pohl to Nixon Peabody’s growing Project Finance and Public Finance practice group are highlighted in this article.

LA’s Most Influential Women Lawyers

Los Angeles Business Journal | April 07, 2019

Nixon Peabody Community Development Finance counsel Sonia Nayak has been recognized as one of the top women lawyers in the city on Los Angeles Business Journal’s annual list.

IRS acknowledges some bond audits are erroneously selected

The Bond Buyer | March 11, 2019

This article recaps the recent National Association of Bond Lawyers panel on bond audits. Washington, DC Project Finance and Public Finance partner Bruce Serchuk, who served as the panel’s moderator, is quoted discussing best practices on when to send documents to the IRS.

Municipal bond supply rises to $5.7B

The Bond Buyer | February 25, 2019

Nixon Peabody’s work as bond counsel to the New York City Municipal Water Finance Authority in its sale of revenue bonds in two offerings is mentioned in this article.

Nixon Peabody promotes 4 to partner

Affordable Housing Finance | February 12, 2019

The promotions of new Nixon Peabody partners Ed Campbell, Nate Cushman, John Marti and Susanna Mitchell are mentioned in this roundup of notable career moves.

Valencia named Nixon Peabody partner as her role expands

The Bond Buyer | February 12, 2019

Los Angeles Project Finance and Public Finance partner Angelica Valencia is featured in this story on her promotion to partner. Practice group leader Ken Lind is also quoted.

Train’s fate no deterrent: High-speed rail contracts proliferate

Los Angeles Business Journal | February 12, 2019

Los Angeles Project Finance and Public Finance partner Rudy Salo is quoted in this story about the benefits and accompanying uncertainty for small businesses involved in large-scale infrastructure projects.

Top 5 Ways to Use Opportunity Zone Funds in LIHTC Deals

Affordable Housing Finance | February 07, 2019

New York City Affordable Housing and Real Estate counsel Kathie Soroka and Boston Community Development Finance partner Forrest Milder contributed this article outlining five ways in which low-income housing tax credit transactions can benefit from opportunity zone funds.

The Unicorn Watch New Black Partners

American Lawyer | February 05, 2019

In this article covering African-American attorneys in the newest partner classes of Big Law firms, Nixon Peabody’s 2019 partner class is noted for being 60 percent diverse, and highlights the promotions of Boston Community Development Finance Partner John Marti and Los Angeles Affordable Housing and Real Estate Partner Edward Campbell.

Out of the comfort zone: Newbies take to opportunity zones

Commercial Observer | January 21, 2019

New York City Affordable Housing & Real Estate partner Aaron Yowell is quoted extensively in this story on how potential investors in opportunity zones are navigating this complex new development vehicle.

Top muni bond counsel of 2018

The Bond Buyer | January 16, 2019

Nixon Peabody is listed as a top 10 muni bond counsel firm for 2018.

Cannabis revenue is below California’s expectations, but growing

Bond Buyer | January 03, 2019

Los Angeles Project Finance and Public Finance partner Rudy Salo is quoted in this article on the medium-term outlook for cannabis businesses, which may get a boost from a variety of political factors that could lessen the federal government’s resistance to legalization.

Planning agency can challenge foreclosure

Massachusetts Lawyers Weekly | December 26, 2018

Boston Affordable Housing & Real Estate partner Jeff Sacks is quoted in this article on the ability of municipal planning agencies to respond to possible foreclosure of affordable housing properties.

Bond Buyer’s Top 10 of 2018

The Bond Buyer | December 20, 2018

The Bond Buyer’s story on the arrival of New York City Project Finance and Public Finance partner Roddy Devlin at Nixon Peabody was the third most-read article of 2018.

Spread of autonomous vehicle technology fosters opportunities for lawyers

The American Lawyer | December 05, 2018

Los Angeles Office Managing Partner Justin Thompson is quoted in this article, discussing how the increasing prevalence of autonomous vehicles will affect zoning regulations, parking counts and urban development.

INSIGHT: A dozen things you should know about setting up an opportunity fund

Bloomberg Tax | November 28, 2018

Boston Community Development Finance partner Forrest Milder wrote this contributed article outlining key details that investors and developers need to know as they utilize the opportunity zone provisions created by the 2017 tax law.

10 takeaways from AHF Live

Affordable Housing Finance | November 15, 2018

New York City strategic policy advisor Deborah VanAmerongen, of the Affordable Housing & Real Estate practice group, says the new leadership of the House Appropriations Committee is likely to push the Department of Housing and Urban Development for additional financing for affordable housing.

Private developers will soon maintain 62,000 NYCHA apartments

The Gothamist | November 15, 2018

New York City Affordable Housing & Real Estate counsel Kathie Soroka is quoted extensively in this story about the city’s plan to use the federal Rental Assistance Demonstration program to improve thousands of Section 8 apartments.

The federal circuit vacates the Alta Wind decision

International Energy Law Review | October 31, 2018

Boston Community Development Finance partner Forrest Milder authored this column about a recent Federal Court of Appeals ruling to overturn the Alta Wind decision, and its possible implications for the energy industry and projects involving government grants or tax credits.

RFP issuance activity uptick

Power Finance & Risk | October 29, 2018

Albany Project Finance and Public Finance partner Rich Cogen is quoted in this article on the trend of increasing RFP activity for renewable energy projects, even in some unexpected states.

IRS provides guidance on opportunity zones

Affordable Housing Finance | October 23, 2018

Boston Community Development Finance partner Forrest Milder is quoted extensively in this article outlining the impact of new IRS guidelines governing the use of the Opportunity Zone program for affordable housing developers.

Insight: Twenty hot topics about opportunity zones

Bloomberg Law | October 18, 2018

Boston Community Development Finance partner Forrest Milder wrote this contributed article detailing the development incentives available as part of the Opportunity Zones provisions in the 2017 tax law.

BAML, PFM maintain top positions in rankings in slower muni market

The Bond Buyer | October 04, 2018

Project Finance and Public Finance practice group leader Ken Lind, based in New York City, is quoted in this story on Q3 and Q4 bond issuance activity and the impact of the new Secured Overnight Financing Rate (SOFR).

Design-build a vehicle to fix New York City’s highway to hell

Bond Buyer | October 01, 2018

New York City Project Finance & Public Finance partner Roddy Devlin is quoted in this story about the advantages of using a design-build model for the pending reconstruction of a portion of the Brooklyn-Queens Expressway.

Garden State law to advance P3s, but obstacles remain

Inframation News | October 01, 2018

New York City Project Finance & Public Finance partner Roddy Devlin is quoted in this article about new legislation in New Jersey designed to expand to state’s ability to improve infrastructure through P3 projects.

D.C. CRE leaders on the lending environment, architecture trends, PropTech and more

Bisnow | September 30, 2018

Washington DC Office Managing Partner Colette Dafoe and Community Development Finance partner Jeff Lesk are mentioned in this story about the DCSolar project, which began on Nixon Peabody’s rooftop and has expanded throughout the District.

Maintaining quality in affordable housing

Capital Tonight | September 26, 2018

New York City Affordable Housing & Real Estate senior strategic advisor Deborah VanAmerongen was a guest on Spectrum News’ “Capital Tonight” newscast for a panel discussion on affordable housing in upstate New York.

What would Attorney General Letitia James mean for real estate?

The Real Deal | September 18, 2018

New York City Affordable Housing and Real Estate partner Erica Buckley is quoted in this article about how New York real estate will evolve if nominee Letitia James becomes the next attorney general. 

NYC real estate week in review

Law360 | September 03, 2018

This weekly roundup of notable real estate deals mentions New York City Affordable Housing and Real Estate partner Joe Lynch’s work as counsel to affordable housing developer Breaking Ground in its $170 million purchase of a historic building in Brooklyn.

Uncertainty blows through tax equity market after inconclusive court decision

Power Finance and Risk | August 15, 2018

Boston Community Development Finance partner Forrest Milder is quoted in this story for his analysis of a recent U.S. Appeals Court decision that could negatively impact the reliability of valuations used in renewable project deals.

SJC limits public funding of church preservation

Massachusetts Lawyers Weekly | August 15, 2018

Boston Affordable Housing & Real Estate partner Jeff Sacks wrote this contributed article analyzing a recent decision by the Massachusetts Supreme Judicial Court that “likely will lead to greater scrutiny of all historic preservation projects involving church properties.”

Tax reform scorecard: The good, the bad and the uncertain

Tax Credit Advisor | July 31, 2018

Chicago Community Development Finance partner Andrew Tripp is quoted extensively in this article about the impact of tax reform on the tax credit industry.

How autonomous vehicles disrupt transportation planning

The Bond Buyer | July 26, 2018

Los Angeles Project Finance and Public Finance partner Rudy Salo is quoted in this article on how autonomous vehicles will impact the future of transportation planning.

Cautious welcome for NJ P3 bill

P3 Bulletin | July 25, 2018

New York City Project Finance and Public Finance partner Roddy Devlin is quoted in this article discussing a recent bill passed by New Jersey legislators that could increase the frequency of public-private partnership (P3) projects.

Bond insurers, legal counsel shake off slow start as Assured, Orrick top rankings

The Bond Buyer | July 17, 2018

Nixon Peabody is listed among the Top 10 in bond counsel rankings for the first half in 2018 in this article analyzing trends in the municipal bond market.

IREC announces 2018 3iAward recipients at Intersolar

Solar Power World | July 10, 2018

Washington DC partner Jeff Lesk and senior counsel Herb Stevens, both of the Community Development Finance Group, are mentioned in this story after NPSolar was named Community/Shared Renewables Project of the Year by the Interstate Renewable Energy Council.

How a DC law firm installed solar panels to help low-income people save on utilities

Washington Post | May 10, 2018

Nixon Peabody’s pro bono solar panel project is featured in this article.  Washington DC tax credit finance and syndication partner Jeff Lesk and senior counsel Herb Stevens are quoted throughout this feature which highlights how this first-of-its-kind project benefits low-income residents in the DC community.

N.J. senior community undergoes RAD transformation

Affordable Housing Finance | December 17, 2017

Nixon Peabody is mentioned in this article for working with Silver Street Development Corp. to leverage the federal Rental Assistance Demonstration (RAD) program to increase the number of affordable housing units in a New Jersey senior housing community.

Senate passes tax bill as housing advocates work to preserve bonds

Affordable Housing Finance | December 03, 2017

Washington DC tax credit finance and syndication partner Rick Goldstein is quoted in this article on the differences between the Senate and House tax bills in their impact on affordable housing in the U.S.

How tax reform could devastate the affordable housing market

National Mortgage News | November 30, 2017

Washington DC tax credit finance and syndication partner Rick Goldstein is quoted this article on how the tax reform plan would impact affordable housing in the U.S.

Blank Rome, Nixon Peabody steer $53M loan for Bronx apartments

Law360 | November 27, 2017

New York City affordable housing partner Aaron Yowell counseled Park Management Inc. in its $53 million acquisition of a seven-floor apartment building in the Bronx serving lower-income renters.

Affordable housing developers, financiers worried about potential effects of tax reform

Bisnow | November 27, 2017

Washington DC affordable housing associate Susanna Mitchell was quoted in this article for her outlook on how a decrease in the corporate tax rate could make it more difficult to strike deals with investors for affordable housing projects.

House passes tax reform bill; Senate Finance Committee sends bill to floor

Affordable Housing Finance | November 16, 2017

This article covers Affordable Housing Finance’s recent annual AHF Live: The Affordable Housing Developers Summit in Chicago and quotes Washington, DC tax credit finance and syndication partner Rick Goldstein discussing the proposed tax reform bill.

How tax reform could devastate the affordable housing market

American Banker | November 14, 2017

Washington DC tax credit finance and syndication partner Rick Goldstein provides commentary about private activity bonds in the following coverage about how the proposed tax reform bill will impact affordable housing.

Squawk on the Street

CNBC | November 13, 2017

Washington DC tax credit finance and syndication partner Rick Goldstein provides commentary about private activity bonds in the following coverage about how the proposed tax reform bill will impact affordable housing.

Nightly Business Report

PBS | November 13, 2017

Washington DC tax credit finance and syndication partner Rick Goldstein provides commentary about private activity bonds in the following coverage about how the proposed tax reform bill will impact affordable housing.

Republican tax plan would decimate affordable housing in New York, advocates and city officials warn

POLITICO New York | November 02, 2017

Washington DC tax credit finance and syndication partner Rick Goldstein is quoted in this article about the impact of the House Tax Reform Bill on affordable housing.

The U.S. is withdrawing from UNESCO—What happens now?

Artsy | October 12, 2017

Washington DC tax credit finance and syndication partner Andrew Potts, a former executive director of the United States National Committee of the International Council on Monuments and Sites, is quoted in this article about the Trump administration’s decision to withdraw from UNESCO, the United Nation’s cultural organization, by the end of this year.

Interest in historic preservation growing in Detroit

WDET-FM (NPR Detroit) | October 11, 2017

In this radio segment about the increase of rehabilitation investment and construction in Detroit over the past few years, Washington DC tax credit finance and syndication partner David Schon discusses how to take advantage of historic preservation tax credits for the city’s historical buildings.

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