Tax-Exempt Bond Financing and Tax Credit Equity for Affordable Family Housing

Related Urban Development Group

Representation of Related Urban Development Group in securing the tax-exempt bond financing and tax credit equity investment for a joint venture project with the Tampa Housing Authority, an affordable housing project for families in the West River neighborhood of Tampa, Florida. The project will include construction of 134 one-bedroom, two-bedroom, three-bedroom, and four-bedroom apartments.

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Jennifer E. Fine
Associate
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...
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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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