Tax Credit Equity and Bond Financing for Mixed-Use Affordable Housing Project

Affordable Housing Developer

Representation of an affordable housing developer in securing the tax credit equity investment and bond financing for The Boulevard at West River Apartments, a 371-unit apartment community comprising three towers in Tampa, Florida. The mixed-use project includes market-rate and affordable housing over ground-floor retail space.

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Terry M. Lovell
Partner, Head of Affordable Housing and Tax Credit Practice
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Experience
Handled the sale of over 2,000 REOs, with aggregate purchase prices in the billions of dollars, through both the negotiation and closing of individual sales and the structuring and sale by auction of multiple properties. The largest was approximately $216 million, which was the sale of a major hotel...
Experience
Analyzed cleanup strategies in order to resolve soil and contamination issues on homebuilder client’s property in Broward County, Florida. Negotiation with the Broward County Environmental Protection Division to obtain a restrictive covenant to allow for residential development on the property.
Experience
Representation of real estate investment company in connection with the environmental investigation and remediation plan for a five acre residential community and golf course. Successfully determined scope of assessment and provided recommendations for final remediation plan while representing clien...
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