Affordable Housing & Community Development

Miles & Stockbridge’s affordable housing & community development practice encompasses acquisition and construction financing, permanent loan products, tax credit investments, and tax-exempt and taxable public finance transactions, including letters of credit and other forms of credit enhancement.

A substantial focus of our practice involves transactional and tax advice to financial institutions investing in—and making loans for—low-income housing tax credit transactions and new markets tax credit transactions.

Miles & Stockbridge’s experienced lawyers counsel clients on the structure, negotiation and closing of complex financing transactions involving public and private loans, subsidies and grants; FHA insurance; GNMA guaranteed securities; Fannie Mae and Freddie Mac credit enhancement products; HUD programs; federal and state low-income housing and historic tax credits; and new market tax credits and other tax credit programs.