BakerHostetler’s multidisciplinary Tax Credit Finance and Economic Development Incentives team provides vital assistance to clients nationwide looking to obtain non-traditional financing for their projects. We have extensive knowledge and experience with these gap-filling financing tools, including New Markets Tax Credits (federal and state), Historic Tax Credits (federal and state), Low-Income Housing Tax Credits, and State and Local Incentives. Our attorneys are at the forefront of the tax credit and incentive industry, which gives our clients a competitive edge.
Our team is composed of attorneys with knowledge in tax, financing, real estate, government policy, controversy, and non-profit organizations. As a result of our experience, we have developed strong relationships with key industry contacts such as tax credit investors and syndicators, community development entities (CDEs), historic architects, project accountants, Internal Revenue Service (IRS) personnel, and strategic state and local government contacts. Consequently, we are well-positioned to assist clients in obtaining the most valuable non-traditional financing for their particular project. More often than not, our projects will include more than one of these financing tools which must be combined with traditional debt and equity. Our attorneys possess the technical knowledge and creativity to advise on how best to bring all financing sources together for maximum benefit to the client.
We offer our clients a wide-range of services from up-front incentive negotiation to transaction structuring and documentation to tax opinions and tax controversy defense.
We are regular speakers at national tax credit conferences, and actively involved in industry groups such as the New Markets Tax Credit Working Group and the Historic Tax Credit Coalition.
We help clients with:
- New Markets Tax Credits
- Historic Tax Credits
- Low-Income Housing Tax Credits
- Tax Credit Controversy
- State and Local Incentives