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The cornerstone of Applegate & Thorne-Thomsen's practice formed through years of representing developers, tax credit syndicators, investors, lenders, public housing authorities and local community development organizations, among others, our extensive experience in the acquisition, rehabilitation, construction and preservation of affordable housing and the revitalization of communities. Serving this broad base of clients affords us a unique understanding of the varied business and legal issues that are an integral part of housing and community development. We understand the complexity of multi-layered finance transactions, and we work proactively with our clients to structure transactions so as to address issues before they arise. We combine our project management skills with the latest technology, including interactive web based due diligence sites, to move transactions toward closing in the most expeditious and cost effective manner possible.

We have significant experience with federal low-income housing tax credits and historic tax credits, and have closed hundreds of "tax credit" deals for syndicators and investors throughout the United States. We also have vast experience with various HUD grant and loan programs for multi-family housing, public housing redevelopment programs, transfers of physical assets, loan management matters and other publicly financed, assisted and insured lending transactions involving multifamily properties.

In addition to various low-income, historic, new markets, energy and donation tax credits, our firm offers exceptional legal services in the following areas of affordable housing and community development:

Affordable senior housing, including the HUD 202 program and assisted and supportive living facilities;
Public housing revitalization, including HOPE VI mixed finance developments;
Zoning and land-use;
FHA-insured multifamily finance programs;
Tax-exempt bond financing;
Tax Increment Financing;
HOME and CDBG capital funding;
State and local finance programs, including local trust fund loan and grant programs and other entitlements;
Section 8 and other forms of operating subsidies;
Supportive housing for special needs populations, including the HUD Section 811 program;
The Federal Home Loan Bank's Affordable Housing Program;
Loan and mortgage restructuring, including Section 236 decoupling;
Regulatory compliance; and
Property tax exemption complaints.