Glenn Graff

Attorney

Glenn Graff
312.491.3313
312.491.3313

Career Overview

Current Focus:  joined Applegate & Thorne-Thomsen in 2001.  I concentrate my practice on issues related to 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.  I also have significant experience in addressing issues related to the taxation of partnerships and LLCs and the taxation of not-for-profit organizations.  I represent syndicators, developers, investors and nonprofit organizations in structuring tax-advantaged transactions.

I have represented clients in tax disputes before the IRS, the United States Tax Court and local tax authorities with an emphasis on appraisal and valuation issues. I have worked on a number of tax credit related IRS audits and regularly speak on tax issues relating to Federal low-income housing and historic credits, and the Illinois affordable housing tax credit

Litigated Matters:

  • 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)

Publications

Professional Affiliations

  • American Bar Association
    • Member of Governing Committee of the American Bar Association Forum on Affordable Housing and Community Development Law, 2016-Present
    • Chair/Co-Chair, Tax Credit and Equity Financing Committee of the Forum on Affordable Housing and Community Development Law, 2006-2016
  • Moderator on several American Bar Association Teleconferences on legislation affecting low-income housing

Glenn Graff quoted in The Wall Street Journal’s article,

As States Pick ‘Opportunity Zones’ for Tax Breaks, a Debate Over Who Benefits

 

Our attorneys have a passion for helping our clients reclaim and re-invigorate neighborhoods and cities. We represent developers, tax credit syndicators, investors, tax-exempt community development organizations and public housing authorities. They trust us to get the job done–please come talk with us to learn why you should too.

Let’s Work Together