Economic Development / Project Finance
Building on Bracewell’ s combined strengths, we provide our governmental entity clients with full-service legal counsel, with a particular emphasis on bond counsel, project development counsel, and general counsel services, which combine the disciplines of public finance, federal and state tax, real estate, transportation, construction law and related matters. As a result of our depth, Bracewell offers a crossdisciplinary team focused on municipal finance, project finance, developer’ s counsel and special issuer’ s counsel. We provide guidance in all aspects of tax incentives, economic development and P3 matters, and represent the entire spectrum of public, private, non- profit and forprofit entities. When necessary, we draft legislation and ordinances creating or amending state and local economic development programs. Our team creates innovative P3s between local governments and the private sector to facilitate the development or redevelopment for projects in a broad range of industries, including transportation, hospitality, urban developments and urban parks, sports venues, social infrastructure, energy and educational institutions.
Special Districts
In representing special districts, our lawyers serve as general counsel and special counsel with municipal utility districts, TIRZ, public improvement districts( PIDs), redevelopment authorities, municipal management districts and other governmental entities. We have been instrumental in the creation of numerous special districts, as well as the development and passage of legislation regulating such districts. Bracewell represents public and private sector entities in a wide variety of economic and community development and redevelopment matters, including the acquisition, financing, development, construction, leasing, divestment and operation of urban infill, mixeduse, affordable housing and suburban projects. We are experienced in all aspects of local and state tax incentives and economic development matters, especially when asked to structure economic development programs and negotiate P3s to achieve development objectives.
Housing Experience
Bracewell is well versed in all aspects of state law and federal tax and securities law required for affordable housing transactions. Since 2012, our affordable housing lawyers have been involved in more than 200 housing transactions. With ten lawyers in our affordable housing industry group, what sets us apart is our broad industry experience in affordable housing transactions when representing government entities such as general public entity matters, real estate matters, economic development, as well as the entire range of tax, tax credits, local property tax exemptions and tax compliance. For several decades, Bracewell’ s public finance housing lawyers have assisted clients with multiple new money bond issuances, remarketings, amendments, refinancing and defeasances of single-family bond financings. Additionally, Bracewell has extensive bond counsel experience with housing entities in connection with multiple issues of tax-exempt qualified multifamily residential rental housing bonds and as tax counsel with respect to affordable housing tax credits.
Healthcare Practice
Bracewell represent numerous hospitals, major hospital systems and other providers on healthcare finance matters, including non-profit healthcare providers, governmental hospitals, long-term care providers, organ donation centers, assisted living facilities and continuing care retirement communities. In these types of transactions, Bracewell represents issuers, borrowers, credit providers, underwriters and trustees to assist clients with new money and refunding bond issuances, credit and liquidity facilities, interest rate mode conversions, interest rate swap transactions, postissuance tax compliance, financial covenant compliance, federal securities law disclosures, remediation of bond proceeds, ongoing federal tax advice, tax audits and other related matters. bracewell. com