Our attorneys have extensive experience with affordable housing transactions around the country (often involving a variety of tax credits and other funding sources) working on thousands of transactions as Underwriters’ Counsel, Placement Agent’s Counsel, Special Tax Counsel, Borrower’s Counsel, Lender’s Counsel and Bond Counsel.
Having each worked in the industry for over 20 years, our legal team at Tiber Hudson has been involved in every major type of debt financing structure the affordable housing market has seen and have been instrumental in the creation and innovation of most of the financial, bond and loan structures currently being used in the marketplace today. These financings have involved, among other features, FHA, Ginnie Mae (GNMA), Fannie Mae, Freddie Mac, Federal Home Loan Banks, municipal bond insurance, letters of credit, insurance company guarantees, short-term cash-backed bond financings and total return swap financing structures.
A majority of our practice involves affordable multifamily housing as well as single-family housing, healthcare, education and other bond-financed transactions. In addition to legal degrees, most of our attorneys have backgrounds in business, tax, securities, investment, and finance allowing them to bring a comprehensive perspective to any transaction. Tiber Hudson also has extensive analytical capabilities including cash flow analyses, rebate calculations, defeasance computations, yield proofs preparation, bankruptcy analysis and debt defeasance structuring. They have worked for over 20 years with all of the major rating agencies on their methodology and criteria and help clients navigate the complexities of affordable housing transactions.