Low-Income Housing Tax Credits are a core part of our practice and our expertise. Every day we are at work on innovative development, preservation, mixed-use, and public housing transactions involving housing tax credits on behalf of investors, developers, housing authorities, and others.
Klein Hornig provides tax structuring advice and issues tax opinions on the complex issues that frequently arise in affordable housing transactions, including minimum gain calculations and implications, original issue discount challenges, depreciation methods, tax ownership, and acquisition credit structures. Our tax work is always grounded in a careful and early review of the financial projections and a thorough understanding of the business deal, which allows our attorneys to determine where a problem may arise and offer solutions to either mitigate the problem or solve it before it occurs.
The firm represents some of the nation’s leading Low-Income Housing Tax Credit syndicators. We help structure and close investments across the country in developments ranging from relatively conventional new construction to multi-phase, mixed-use, mixed-finance, "twinned" credits, and acquisition/rehabilitation transactions. All of the Klein Hornig attorneys who represent investors also work on a full range of the firm’s transactions and are therefore able to bring a broad perspective to bear on behalf of our investor clients.