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209 Lloyd St
Carrboro, NC, 27510
United States

919.680.2123

Sanford Holshouser LLP: Public Finance, Affordable Housing, Community and Economic Development Lawyers in North Carolina.

Community and Economic Development (CED)

Community. The word brings to mind togetherness, family, friends, and where we live. Economic Development invokes jobs, purpose,  and vibrancy in your community.

We consider both concepts interrelated and critically important to your community. Together, they form our CED practice.

We have extensive experience in CED that we'll bring to your project. It may be a housing development, a downtown façade program, or a large scale industrial project. If it is important to your community, it's important to us.

Photos of a few Federal Home Loan Bank program developments we have worked on.

SERVICES AND PRIOR EXPERIENCES INCLUDE

  • We perform due diligence in housing development program grants, applications, and accompanying materials
    • Review of real estate documents, operating agreements, environmental impacts, lien priorities, and other critical parts of the transaction to protect our clients
  • We negotiate and evaluate incentives packages and agreements
    • Research of available incentives for particular industry types across several states
    • Evaluation of prior incentive agreements in comparable fields
    • Negotiation of incentives packages that protect our clients' interests
  • We evaluate local government grant programs and assist in local government downtown development.
    • We provide advice in establishing or modifying grant programs
    • We help you uncover the toolbox of available financing techniques and select the best tools for the job, such as:
      • Facade grant improvement programs
      • Establishing business and municipal service districts
      • Establishing special assessment districts
    • We protect our clients' interests while balancing the needs of local businesses
  • We develop public finance strategies to stimulate economic development, including
    • Tax Increment Financing
    • "Synthetic" Tax Increment Financing
    • Special Assessment Revenue Bonds
    • Combining several techniques to finance a project
  • We will work with you in the changing landscape of public-private partnerships (P3)
    • We will work through your available options and help you find an agreement that works for all parties