The Low-Income Housing Tax Credit (LIHTC) is an essential tax incentive program for creating and preserving affordable housing that can present challenging business, tax and legal issues for investors, syndicators, developers and lenders. LIHTC projects typically involve multiple layers of debt and equity, including other state and federal tax credit programs, state and federal grants and subordinate loans, and operating subsidies.
Polsinelli’s Affordable Housing practice has comprehensive, nationwide experience in facilitating complex LIHTC transactions. Our attorneys’ extensive experience is enhanced by our commitment to understand our clients’ businesses and provide high-quality, straightforward legal advice that is proactive - anticipating and addressing our clients’ business goals.
Our professionals combine their multidisciplinary experience with state-of-the-art knowledge and innovative techniques to structure, document and close these multifaceted transactions in a timely and cost-efficient manner, and to assist our clients in handling any post-closing asset management and exit issues and strategies. Our specialized experience includes:
"Polsinelli does a great job at deeply understanding what we do and what we are trying to accomplish, and applying your legal knowledge based on that."
— Polsinelli Client