Case Studies

A highly sustainable green build affordable housing project the first phase of which has been awarded allocation of 9% Low Income Housing Tax Credits (LIHTC).

The Villa Alegre projects redevelop 110 demolished public housing units into two sustainable and neighborhood-style projects incorporating 9% and 4% LIHTC, HUD Capital Fund Competitive Grant under the ARRA (Stimulus Act), HUD insured 221 (d) (4) risk share mortgage, and a public bond offering.

HUD Public Housing Disposition and LIHTC financial advisory services for a rehabilitation of public housing units (Broadway East) and new development affordable rental housing adjacent to the former public housing on land previously used by BHP as its administrative offices (Broadway West).

Cardinal Towne is a multiple-phase development project located next to the University of Louisville financed using tax-exempt and taxable bonds leveraged through a NMTC structure. Three CDEs participated bringing a total of $39 million in NMTC allocation.

Denver Health and Hospital Authority's Pavilion M medical building was a combination of the Authority issuing American Reinvestment and Recovery Act authorized Recovery Zone Bonds to be leveraged as senior debt through a New Markets Tax Credit (NMTC) financing.

A NMTC and energy tax credit financing structure to install 2.8 megawatts of distributed solar power systems on buildings owned by Denver Public Schools, the City and County of Denver, the County of Pueblo, and State of Colorado Correctional Facilities.

Tax-exempt bond financing including a pooled bond refinancing, assisting VHA in evaluating and then issuing $30 million in variable rate demand bonds with 30-year credit and liquidity enhancement from Freddie Mac and testing multiple financial proformas of either Build America Bonds or traditional "bank-qualified" tax-exempt bonds.