Economic development projects involving public and private partnerships are becoming increasingly common. Tax increment financing (“TIF”) and payment-in-lieu-of-tax (“PILOT”) financing are but two of the ways to creatively finance these projects. Our lawyers offer significant experience in all of the legal aspects of these partnerships. We have negotiated and drafted Cooperative Endeavor Agreements between public and private parties for development projects, and we give opinions to buyers, sellers and lenders necessary to facilitate these transactions. Further, our law firm has substantial experience representing borrowers and sponsors in affordable housing tax credit transactions, as well as lenders in tax credit construction and permanent loan transactions. In many instances, private developers engaged in these projects require assistance in obtaining financing. Our law firm has sound relations with a number of lenders and can help developers find financing on favorable terms. Due to our substantive experience representing both municipalities and businesses, companies that do businesses with governmental agencies recognized Becker & Hebert as a valuable resource. We regularly leverage our experience in these fields to add value and achieve results within these areas of the law.
Contact Becker & Hebert
Call 337-446-2407 or toll free at 800-783-7286 to schedule a consultation with one of our attorneys. You can also complete our online contact form.