Partner
Troutman Pepper Locke
Jennifer assists nonprofit 501(c)(3) organizations, governmental entities, bank lenders, and underwriters in all facets of municipal finance. She represents a diverse range of clients, including colleges and universities, health care organizations, independent and charter schools, housing finance agencies, various governmental and quasi-governmental entities, as well as bank lenders and underwriters. Jennifer has broad-based experience with public finance transactions, including general obligation and revenue bonds, qualified 501(c)(3) bonds, housing bonds, exempt facility bonds, and industrial development bonds. She has a comprehensive understanding of both fixed and variable-rate multimodal debt, public offerings, private placements, and derivative products. Jennifer also has significant public finance tax law experience, particularly with respect to 501(c)(3) institutions, and she regularly counsels clients on a variety of federal tax law matters relating to municipal finance, including private use arrangements, remediation, and IRS audit and VCAP matters. Jennifer brings meticulous attention to detail and an ability to simplify complex financial transactions, making the process smoother and more understandable. She is committed to maintaining compliance with federal tax laws and utilizes a proactive approach to addressing potential issues before they arise.
With the new threshold test for bond-financed housing credit properties lowered to 25%, allowing additional buildings financed with tax-exempt bonds to qualify for housing credits, how are issuers preparing for new housing opportunities? What challenges does the sector face?