The cornerstone of Applegate & Thorne-Thomsen’s practice was formed through years of representing developers, tax credit syndicators, investors, lenders, public housing authorities and community development organizations in the development and financing of affordable housing and community development projects. Serving this broad base of clients affords us a unique understanding of the varied business and legal issues that are an integral part of these projects. Not only do our professionals have extensive legal experience in the acquisition, rehabilitation, construction and preservation of affordable housing and other community assets, but the dedication of our professional extends beyond the office. Each attorney contributes to the revitalization of communities through service on a wide variety of boards, committees and projects dedicated to issues related to affordable housing, community revitalization and community welfare.
Likewise, our clients are at the forefront of community revitalization efforts, including the development of affordable housing for families, seniors and individuals with special needs. We are passionate about the work that we do with our clients to revitalize communities, whether those clients are developing housing or retail shopping centers, schools, healthcare facilities or other developments that contribute to the economic health and vibrancy of a community. In the multi-layered approach to housing and community development, our expertise includes:
- Tax incentives, including low-income, new markets, historic and energy tax credits.
- HUD capital programs, including HOME, CDGG, 202, and 811.
- FHA-insured multifamily finance.
- Public housing capital and operating funds.
- Section 8 and other forms of operating subsidies.
- Tax increment financing.
- State and local finance programs, including trust funds, state tax credits, and other local tax incentives and operating subsidies.
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.