Recognizing each project is unique, our attorneys employ multi-disciplinary and integrated teams to advise clients on structuring, analyzing, negotiating, and documenting deals involving tax-advantaged debt, equity, and other funding mechanisms. We have experience in new markets tax credits, historic tax credits, low-income housing tax credits, opportunity zone investments, and other economic development tools.
We counsel developers, owners, investors, lenders, and project managers, working with each client to determine the appropriate strategies, structures, and options for each client’s financing, development, and operational needs. Our team has orchestrated and closed transactions throughout the country and in all roles of transactions, and we scale our approach to fit each client’s specific goals.
Tax Credits
Dinsmore has a diverse group of attorneys with a wide range of experience in transactional matters involving new markets tax credits, historic tax credits, low-income housing tax credits, and state tax historic and low-income housing credits. We work with clients to plan transactions, mitigate exposure, and ensure compliance across complex tax laws, regulations, and ordinances. With targeted tax credit knowledge and experience, we analyze the transactional structure, advise on compliance with state and federal laws, provide corporate advice, and negotiate and draft equity and loan documents.
Drawing on cross-functional resources, our attorneys with backgrounds in tax, real estate, commercial finance, public finance, and corporate law have a long-standing track record of advising real estate developers and investors in various transactions, including tax-oriented real estate financings, workout transactions, operations, mergers, and acquisitions. Our team combines its experience with our client-oriented focus to navigate the rules and regulations surrounding these complex structures, without losing sight of a client’s business goals and objectives.
Affordable Housing
Dinsmore attorneys understand sustaining a diverse and thriving community means offering economical and affordable housing options for people of all incomes. In addition to our deep expertise in low income housing tax credits, our attorneys represent developers, banks, lenders, and government entities in all aspects of affordable housing, including the financing, development, ownership, and operations of affordable housing transactions. Our attorneys’ collective experience enables us to counsel clients on projects including multi-family housing, senior housing, and assisted living facilities from the start of planning until it’s time to hand residents their keys, as well as continuing operations and disposition of property.
Planning, developing, and constructing any kind of housing is a complex endeavor that almost always includes unforeseen circumstances. Our attorneys prepare clients for the unexpected, and what to do when last-minute changes or problems occur. This includes counsel on acquisitions and assumptions, tax-exempt bond financings, capital grant financing programs, construction and bridge loans, defaults and workouts, FHA-insured loans, USDA guaranteed loans, loans provided by Fannie Mae, Freddie Mac, mixed-use finance, grants, and portfolio sales and acquisitions.
Opportunity Zone
We assist developers, investors, fund managers, and Opportunity Zone Businesses that participate in the Opportunity Zone (OZ) program to maximize and enjoy the full benefits of the tax incentives and economic benefits the OZ program affords. We work collaboratively across our tax, estate planning, corporate, real estate, and finance groups to connect OZ parties with the right circumstances for them and to structure deals that maximize tax benefits for all involved.
Economic Development
Our attorneys counsel clients in the public and private sectors on projects large and small. Our services cover public-private partnerships, urban renewal, tax increment financing, loans and grants, legislative services, tax abatements, taxable and tax exempt bonds, and other topics. Our attorneys deliver critical value-adds by leveraging their experience and community connections when counseling clients such as developers, issuers, financial institutions, investors, and public and private participants.