Our expertise in community development projects merits its own discussion.

We have significant experience representing banks, Community Development Financial Institutions (CDFIs), other lenders and borrowers in sophisticated and multi-tiered financing structures for projects that are afforded unique but complicated benefits due to their location, use or population served. This work includes structuring, documenting and closing acquisition, predevelopment and construction loans made in anticipation of being refinanced with new markets tax credits and tax-exempt bond financing, as well as leverage loans, bridge loans and construction loans made as part of larger new markets tax credit, historic tax credit and low-income housing tax credit financings. We have closed numerous tax-exempt bond transactions where our clients have provided letters of credit, bridge financing and construction-period financing. Our experience and expertise have contributed to the building and rehabilitation of affordable housing projects, charter schools and other educational facilities, community health centers, performing arts centers and artist studios, health centric grocery stores and numerous other projects that have a direct impact on economic development and community revitalization.

At Macdonald + Macdonald, our passion is making our community better. Collaboration with our clients to facilitate the construction and operation of schools, art spaces, community centers, affordable housing and other projects that serve a vital need in the community is both energizing and rewarding.