Kathryn Galbraith Day


617.224.0627


Education

Boston University School of Law, LLM, 2014

Boston College Law School , JD, 2006, cum laude

The College of William & Mary, BA, 2003, summa cum laude


Katie joined Klein Hornig in 2015 as a member of the Firm’s Tax Group with expertise in affordable housing, partnership tax and the taxation of tax-exempt entities. Katie advises clients on the structuring of complicated transactions involving multiple credits and other subsidies, compliance matters, investor exits and unwinds.

Katie represents developers, syndicators and investors in federal and state tax credit transactions, including historic, new markets and low-income housing tax credits. Katie also has extensive experience representing non-profit organizations and is well-versed in the law of tax-exempt organizations, including the rules governing private foundations, various federal and state reporting requirements, and the tax on unrelated business income. Prior to joining Klein Hornig, Katie worked for Edwards Wildman as a member of the firm’s Tax, Benefits & Compensation Department.

BAR ADMISSIONS

  • Massachusetts
  • Currently represents investor in syndicated funds in the acquisition of low-income housing tax credit properties nationwide.
  • Currently represents national low-income housing tax credit syndicator in 80-20 deals.
  • Represented individual investors in multiple projects utilizing Federal and state historic tax credits.
  • Represented multiple developers in connection with the development of boutique luxury hotels in Massachusetts, Georgia and Florida.
  • Represented national non-profit developer in connection with the redevelopment and expansion of a town center, including a NMTC component and a LIHTC component.
  • Tax credit counsel for the historic rehabilitation of The Waltham Watch Factory in Waltham, MA.
  • Represented the City of Boston in the new markets tax credit financing of the former Ferdinand building in Dudley Square.
  • Served as special tax counsel to the Worcester Business Development Corporation and affiliates in connection with the rehabilitation of the former Worcester Telegram & Gazette complex, utilizing new markets and rehabilitation tax credits.
  • Massachusetts Bar Association, Member
  • Boston Bar Association, Member
  • Speaker, “Federal Tax Incentives for Historic Preservation,” Lorman Education Live Webinar – March 2018
  • Panelist, “LIHTC Compliance after the Compliance Period: Once the Credits are Gone,” American Bar Association Forum on Affordable Housing and Community Development Law – May 2017
  • Panelist, "Historic Rehabilitation Tax Credits: Using Tax Incentives to Develop and Invest in Historic Properties,” Lorman Education National Webinar/Teleconference - July 2016
  • Panelist, "Pre-Conference 202 Workshops," CohnReznick New Markets Tax Credit Summit - May 2016
  • Panelist, "Federal Income Tax Aspects of State Tax Credits," ABA Tax Section, Real Estate Committee - September 18, 2015
  • Panelist, “State Tax Credit Structuring and Challenges,” ABA Forum on Affordable Housing and Community Development – May 2015