WASHINGTON, D.C. —Tiber Hudson LLC has been ranked by Refinitiv as No. 1 underwriter’s counsel for multifamily issues for the seventh year in a row, and, for the first time, No. 1 underwriter’s counsel in the U.S. for all types of municipal issues, based on the number of bond issues closed in 2024. Tiber [...]
Introduction: For an affordable multifamily housing project to qualify for the maximum allowable amount of four percent Low Income Housing Tax Credits (LIHTCs), at least 50 percent of the project’s aggregate basis (consisting of eligible basis plus land) must be financed with the proceeds of tax-exempt bonds issued pursuant to an allocation of private [...]
Tiber Hudson is Proud to Announce Our Mansfield Re-Certification for 2023-2024
The increased use of tax-exempt, private activity bond (PAB) financing for affordable multifamily housing shows no signs of slowing, despite high interest rates and increased construction costs. “I can say the trend line [for 2024] is at minimum flat, if not slightly increased,” said Kent Neumann, a founding member of Tiber Hudson LLC, a [...]
Due to the COVID-19 pandemic and resulting impacts on the economy and financial markets, as well as the Federal Reserve's raising of short-term rates to stave off inflation, interest rates and construction costs have risen dramatically, resulting in funding gaps that many multifamily affordable housing developers in the four percent Low Income Housing Tax [...]
Every year, Black History Month is a time to honor the achievements, histories, and vital diverse lives that have shaped the Black community and American history as a whole. Tiber Hudson celebrates the diversity that inspires our organization, our communities, our culture, and beyond. We are a proud Minority-Owned Business and [...]
Affordable housing developers are starting the new year on a hopeful note after Federal Reserve officials left interest rates unchanged at the end of 2023 while signaling that cuts may be on the horizon. That would bring some needed relief to developers who were hit with rising operating and development costs last year, including [...]
Baker Tilly's podcast series specifically for professionals in the multifamily housing industry. Allison King and Kent Neumann of the law firm Tiber Hudson, join BuzzHouse to discuss their new bond structuring solution, known as the ”cash-backed forward structure”. Allison and Kent share the lightbulb moment that led to the creation of this structure, as [...]
Lauren Marcus: A Voice for the Underrepresented The 31-year-old senior associate for Washington, D.C.-based law firm Tiber Hudson remembers her parents telling her that she would make a great lawyer since she loved to argue. "So, I stuck with that," Marcus said. "I've always been very 'Type A, very passionate about my position and [...]
WASHINGTON, D.C. — Tiber Hudson is proud to announce that the firm has earned Midsize Mansfield Certification Plus from Diversity Lab. The award of Midsize Mansfield Rule Certification Plus status recognizes law firms that are truly committed to increasing diversity and inclusion. The law firms seeking certification must complete a rigorous 18-month certification process [...]
