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Glenn Graff
312.491.3313
ggraff@att-law.comPRACTICE:
Glenn concentrates his practice on the following areas: (1) the development of real estate with the low-income housing tax credit, the historic rehabilitation tax credit, the new markets tax credit, the tax credit for investment in alternative energy property, as well as the Illinois affordable housing tax credit, (2) the taxation of partnerships and LLCs, and (3) the taxation of not-for-profit organizations. He represents syndicators, developers, investors and nonprofit organizations in structuring tax advantaged transactions. Glenn has also acted as an expert witness relating to tax credit transactions. He has represented clients in tax disputes before the IRS, the United States Tax Court and local tax authorities, with an emphasis on valuation issues.
PROFESSIONAL EXPERIENCE:
- Applegate & Thorne-Thomsen, P.C.: Associate, 2001; Shareholder, Jan. 2005 to present
- Air Products and Chemicals, Inc., Tax Attorney 1996-2001
- Mayer, Brown and Platt, Tax Associate 1991-1996
ACTIVITIES AND PUBLICATIONS:
- Co-Chair, Low Income Housing Tax Credit Committee of the American Bar Association Forum on Affordable Housing and Community Development Law, 2006-present
- Contributing Author to 4 books: The Legal Guide to Affordable Housing Development, 2nd Edition (American Bar Association publication expected in 2011); Housing Assistance Act of 2008 – Law (2008). Explanation and Analysis and Emergency Economic Stabilization Act of 2008 – Law (2008), Explanation and Analysis, American Recovery and Reinvestment Act of 2009 – Law and Analysis (2009)
- Co-Author of Initiatives and Tools for the Preservation of Affordable Housing in Illinois, 18 Journal of Affordable Housing and Community Development Law 403 (2009).
- Co-Author of Low Income Housing Tax Credit Provisions of the Recovery Act of 2009: Tools to Close Financing Gaps in a Weak Tax Credit Equity Market, 18 Journal of Affordable Housing and Community Development Law 463 (2009)
- Co-Author of Attention Developers: Beware of TCAP Tax Pitfalls and Be Aware of Credit Exchange Tax Benefits, Journal of Tax Credit Housing Volume II, Issue IX (September 2009).
- Co-Author of Impact of Housing and Economic Recovery Tax Act of 2008 on Current and Future Low-Income Housing Tax Credit Properties, 18 American Bar Association Journal of Affordable Housing and Community Development Law 47 (2008)
- Moderator on several American Bar Association Teleconferences on legislation affecting low-income housing.
- Frequently quoted in Housing and Development Reporter and other tax credit publications
- Regularly speaks on tax issues relating to Federal low-income housing and historic credits, and the Illinois affordable housing tax credit
CASES LITIGATED:
Air Products and Chemicals, Inc. v. Alabama DOR, (No. S97-103); Norwest Corp. v. Comm'r, 108 TC 265 (1997); Nestle Holdings, Inc. v. Comm'r, T.C. Memo, 1995-441 (1995).
EDUCATION:
- University of Illinois, College of Law, J.D., Summa Cum Laude & Order of the Coif, 1991
- University of Illinois, B.A. Economics, 1988
ADMISSION TO PRACTICE:
State of Illinois; United States Tax Court
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