The attorneys in Messerli Kramer’s Banking and Finance group have vast experience in assisting clients with tax credit-based financing. We have been involved in numerous transactions using various tax credit financing mechanisms including federal and state historic tax credits; low income housing tax credits; and new market tax credits. Our attorneys work on behalf of lender clients documenting various short and long-term tax credit structures, typically used with multiple layers of financing in a single transaction. Our in-depth knowledge and experience in the area helps us simplify the complex nature of next tax credit loan transactions for our clients.
Representative Experience
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Represented lender in a $9 million federal historic, state historic and low income housing tax credit bridge loan transaction to a borrower as one of several layers of a $50 million loan to rehabilitate and construct a 144-unit multi-family housing project.
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Represented lender in a $7.9 million state and federal historic tax credit bridge loan transaction to a borrower as one of several layers of a $33.5 million to rehabilitate and construct a mixed-use development consisting of 80 market-rate residential units and commercial space.
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Represented lender in purchasing tax-exempt bonds from a municipality for use as a loan to borrower constructing 62 units of affordable senior housing; included a second loan in the amount of $2 million to bridge tax credit equity into the project.
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Represented lender in a federal historic, state historic and low income housing tax credit loan transaction to borrower, using permanent and bridge loans, to acquire and rehabilitate a 120 year-old building into a multi-family affordable housing project.
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Represented borrower in a complicated federal new markets tax credit financing project for its first charter high school in Minnesota, including contributions of allocations of credits from several lenders combined into a single leveraged loan structure and accommodation of additional revenue bond financing.
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Represented multiple borrowers in historic and low income housing tax credit transactions for equity contributions into redevelopment projects which included tax increment financing (TIF) and PACE loan financing.
Professionals
![Picture of Carrie L. Bazella](https://messerlikramer.com/wp-content/uploads/Screen-Shot-2024-05-16-at-9.30.33-PM.png)
Carrie L. Bazella
Paralegal
![Picture of Shannon E. Cook](https://messerlikramer.com/wp-content/uploads/Screen-Shot-2024-05-16-at-10.29.48-PM.png)
Shannon E. Cook
Attorney
![Picture of Michelle R. Jester](https://messerlikramer.com/wp-content/uploads/Screen-Shot-2024-05-15-at-11.31.15-PM.png)
Michelle R. Jester
Attorney
![Picture of Meghan E. Marty](https://messerlikramer.com/wp-content/uploads/Screen-Shot-2024-05-17-at-11.07.22-PM.png)
Meghan E. Marty
Attorney
![Picture of Patrick Messmer](https://messerlikramer.com/wp-content/uploads/Screen-Shot-2024-05-16-at-10.13.08-PM.png)
Patrick Messmer
Attorney
![Picture of Brett A. Perry](https://messerlikramer.com/wp-content/uploads/Screen-Shot-2024-05-17-at-11.11.41-PM.png)
Brett A. Perry
Attorney