Sara Langan

Attorney

Sara Langan
312.491.4474
312.491.4474

Commitment to Clients and Communities

I am a member of the firm’s Tax team, focusing on representing investors, syndicators, and developers in connection with projects financed with low-income housing tax credits. I have experience in the taxation of partnerships, non-profit organizations, LLCs, and corporations, as well as tax issues relating to federal and state low-income housing, historic rehabilitation, and renewable energy tax credits.

Career Overview

Prior to joining the firm, I spent several years managing client relationships as lead equity attorney on transactions, including negotiating operating agreements, purchase agreements, construction contracts, loan documents, power purchase agreements, and procurement contracts. I represented syndicators with respect to upper-tier equity investments, including drafting subscription documents and private offering memoranda for equity investments in multi-investor funds and project-level investments. Toward the end of the project cycle, I have been involved with the disposition, restructuring, and recapitalization of distressed tax credit properties.

I also have experience structuring utility-grade and rooftop solar transactions utilizing federal investment tax credits, state tax credits, and federal energy grants, as well as experience with employment tax matters, intercompany tax allocation, and financial reporting.

Professional Affiliations

  • President, Nebraska State Bar Association, Taxation Section
  • American Bar Association
    • Forum on Affordable Housing and Community Development Law
    • Section on Taxation

Publications

  • Co-Author, Ironing Out Mixed-Income Projects, June 2023, Tax Credit Advisor.
  • Author, “Do More Diverse Environments Increase the Diversity of Subsequent Interaction? Evidence from Random Dorm Assignment,” Published in ECONOMIC LETTERS
  • Co-Author, 50% Test Timing for Multiple-Building Projects—Avoiding Traps for the Unwary, 32 Journal of Affordable Housing and Community Development Law 329 (2024).

 

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.

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