The Ulmer & Berne LLP community development practice of the Real Estate Group provides a broad range of services to lenders, developers, owners, federal, state and local government entities, contractors, management companies, investors, nonprofit organizations and others involved with community development projects. Our attorneys have represented clients in connection with numerous housing programs, including HUD, UDAG, FHA, Section 108 loans, Fannie Mae, New Village Capital Corporation, Cleveland Development Advisors, Community Development Float Loan Program, Home Funds Program, bond financing and tax syndication. We also have represented numerous clients in the restoration and rehabilitation of downtown and urban areas involving tax increment financing, facade easements, lost development easements, land use, HUD, Fannie Mae financing and county and city financing. We have handled numerous complex real estate projects utilizing these sources of financing together with tax credits such as New Markets Tax Credits (NMTC) including the leveraged model, historic tax credits (both federal and state), Low Income Housing Tax Credits (LIHTC) and preservation easements.
Our team of highly skilled attorneys can simplify the redevelopment process and reduce the time between concept and closing your deal. We identify community redevelopment and tax credit opportunities, financing sources for acquisition, construction and rehabilitation, and resolve environmental, tax and title issues. Our attorneys have the expertise to help clients identify the best and most efficient structure for the transaction, obtain permits, variances and approvals from governmental authorities.
At Ulmer & Berne, we use a multidisciplinary team approach to effectively meet your business and financial goals. We apply the intellectual capital of our real estate, tax, finance and corporate attorneys throughout the Firm to work the best, most innovative deal for you. When appropriate, we will also consult with experts in appropriate fields to assist in resolving project issues.