Bradley leverages our broad and highly skilled banking practice to advise lending institutions on a range of tax credit matters. With experience at the national, regional, and state levels, our attorneys represent clients in all aspects of Low-Income Housing Tax Credit (LIHTC) transactions.
Our Tax Credit practice has in-depth industry experience, with members of the practice including a former general counsel to HUD and the outside general counsel of the Alabama Affordable Housing Association (Alabama’s leading affordable housing trade group).
We bring together a number of substantive areas of legal practice critical to our lender clients, including partnership and corporate law, tax law at the state and local levels, and real estate lending law. Our experience includes:
With regard to tax implications, our attorneys advise on:
Bradley has an extensive practice dedicated to Low-Income Housing Tax Credit (LIHTC) transactions that is designed to help clients leverage the tax credits under Section 42 of the Internal Revenue Code. We work closely with state and local bond issuers and various state housing authorities and prepare:
The attorneys on our Affordable Housing team have deep knowledge of the housing bond market’s financing structures. We handle matters involving HUD programs, development projects involving tax-exempt bond-financed transactions, and LIHTC syndications. Bradley also handles tax-exempt financing and programs involving tax advantages, subsidies, or credit.
We have represented qualified businesses, community development entities, leverage lenders, and tax credit investors since the NMTC programs were adopted at the federal and state levels. With regard to the need for working capital, as well as construction and renovation, we structure and close investments that qualify under these programs.
Bradley is equipped to tackle the complex legal, tax, and regulatory issues our clients face in these transactions, such as: