Katten’s Affordable Housing and Community Development practice advises a broad cross section of market participants, including for-profit and nonprofit developers, equity and tax credit investors, municipalities, underwriters and lenders, on the financing and development of multifamily, office, retail, industrial, public use and mixed-use projects.
The Affordable Housing and Community Development practice brings together attorneys experienced in real estate, secured lending, public finance and tax. We help clients complete and manage affordable housing projects through a variety of financing tools, including low-income housing tax credits, new markets tax credits, historic rehabilitation tax credits, energy tax credits, facade easements and other tax incentive programs. Katten attorneys represent developers in obtaining federal grants, HUD loan guaranties, HOPE VI funds, tax increment financing, enterprise zone funds, redevelopment agreements and tax abatements.
Our team works with virtually every type of housing revenue bond financing, as well as a number of innovative financing structures, including loan-to-lender and collateralized letter of credit financings, variable rate tender bond programs, insured financings and GNMA pass-through financings. We have participated in hundreds of multifamily and single-family bond issues totaling billions of dollars throughout the United States.