CPA & Partner at Plante Moran
As a leader in our housing and community development solutions group, I specialize in structuring real estate transactions with tax incentives. I’m one of the firm’s tax credit technical resources, and my expertise includes consulting on real estate transactions involving historic tax credits, New Markets Tax Credits (NMTCs), low-income housing tax credits (LIHTCs), and other state and local incentives. With more than 25 years of experience, I’ve closed transactions of all sizes, from a small-town Main Street type to one of the largest historic rehabs in the country.
It’s rewarding to contribute to the positive impact tax incentives provide in community development. I get excited sharing my knowledge with our staff and educating our clients on various incentives and opportunities available for their projects.
Prior to joining Plante Moran in 2011, I worked in fund and asset management for a regional syndicator and, prior to that, I was the controller for an affordable housing developer/contractor. My previous experience provides me with perspective and insight into all aspects of a project from inception to disposition.
I’m a frequent speaker on the topic of tax incentives and have published several articles on them. I’m on the board of Landmarks Illinois – “People Saving Places for People.” I have a B.B.A. in accounting from the University of Michigan-Dearborn.
Beyond historic preservation tax credits, what other financial tools are available to finance projects? Such incentives are more important than ever with credit markets tightening in the current inflationary high interest rate environment. In this session, we will take an in-depth look at the power of combining available incentives, with a primary focus on New Markets Tax Credits (NMTCs, Opportunity Zones, tax increment financing (TIF), property tax abatements, TMUD, and PACE financing. We will also discuss such practical experiences as considerations related to retaining vs. syndicating federal historic tax credits (HTC), closing HTC and NMTC syndication transactions, obtaining bridge financing, and choosing a good team of consultants to complete HTC projects. By presenting examples of actual deal structuring for some great historic properties, this session shows you how these and other programs work, how they can function together, and how you can work with the government agencies, investors, lenders, accountants, attorneys, and preservation consultants who can bring these incentives to your project. Approved for 1.50 AIA LU Credit, sponsored by Schooley Caldwell.