White Paper

3 Pages
  • 3 Pages

Top Five Ways to Combine Opportunity Zones and LIHTC Transactions

 

Can your LIHTC transaction benefit from being an opportunity zone?

Are you aware of the types of deals that may work for you? Do you know how to structure your transaction to take full advantage of opportunity zones? There is a lot of information available on opportunity zones, however it can be overwhelming as regulations continue to evolve and this type of fund still being implemented. This white paper provides a review of how opportunity zones and LIHTC’s might work together.

Agenda

Faculty

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Forrest Milder

Nixon Peabody LLP

Forrest David Milder is a partner in the Boston office of Nixon Peabody LLP. He has more than 25 years of experience in the tax aspects of project finance, including housing, historic rehabilitations, energy and new markets, as well as many other tax-related fields, including partnerships and LLCs; tax-exempt organizations; business formation, operation and disposition; executive compensation; and tax-exempt bonds and other structured financial products. Mr. Milder regularly addresses the tax consequences and provides tax opinions with respect to tax-advantaged investments by leading institutional syndicators and investors, including MMA, AIG Sun America, Charter Mac, Freddie Mac, Bank of America, US Bank, Fannie Mae, NEF, the Massachusetts Housing Equity Fund, SunTrust, Boston Capital, Column Financial and many others. Mr. Milder received S.B., Phi Beta Kappa, and S.M. degrees from the Massachusetts Institute of Technology, a J.D. degree from Harvard Law School, and an LL.M. degree in taxation from Boston University School of Law. He is the author or co-author of numerous articles on tax credits and other tax matters, as well as the BNA treatise, “Rehabilitation Tax Credit and Low Income Housing Tax Credit”. Mr. Milder has appeared many times on the front page of The Wall Street Journal (in the weekly “Tax Report” column), as well as in The Boston Globe, Banker & Tradesman, The Boston Business Journal, Mass High Tech and Massachusetts Lawyers Weekly with comments on recent and proposed tax legislation. He is a member of the board of governors and vice-chair of the American Bar Association’s Forum on Affordable Housing and Community Development Law, and he runs the Forum’s “listserv,” on which approximately 700 participants discuss issues relevant to affordable housing and community development. Mr. Milder was a lecturer in law at Boston University Law School from 1990 to 1995 and a guest lecturer at the University of Michigan Law School in 2002. He is listed in Marquis’s Who’s Who in American Law and in Boston Magazine’s Massachusetts Super Lawyers. Mr. Milder can be reached at 617-345-1055 or [email protected].

Kathie Soroka

Kathie Soroka

Nixon Peabody LLP

  • Counsel in Nixon Peabody’s New York office
  • Focuses on affordable housing development
  • Prior to joining Nixon Peabody, she served as senior counsel to the general counsel at the U.S. Department of Housing and Urban Development
  • Has helped public and private clients nationwide structure complex real estate transactions with multiple layers of finance, navigating various federal, state and local requirements
  • Recently published the article “Top 5 Ways to Use Opportunity Zone Funds in LIHTC Deals,” in Affordable Housing Finance
  • J.D. degree, Harvard Law School; B.A. degree, summa cum laude, Washington and Lee University

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