services

Cannon Heyman & Weiss, LLP represents for-profit and non-profit developers and lenders, syndicators and local housing authorities in creative financing transactions involving affordable housing and community development transactions. The transactions for which we are engaged generally involve various local, state and federal regulatory and funding agencies, as well as the syndication of low-income housing tax credits, new markets tax credits, brownfield tax credits and historic tax credits.

We also represent our clients in all aspects of industrial development revenue bonds as well as taxable and tax-exempt private activity bonds for multi-family housing and community development transactions, including sale/leasebacks, ground and space leases, condominiums, property tax exemptions and PILOT agreements, conventional and subsidized construction and permanent mortgage loans from private sector and governmental sources, in addition to various forms of credit enhancement such as letters of credit, and interest rate protection such as caps, collars and swaps.

Cannon Heyman & Weiss, LLP has a solid understanding of the myriad of complex legal issues that are often involved in housing and community development matters, and we work to structure the overall transaction for the best results. We also have experience handling permitting and land use matters, including zoning, site plan approval, special permits and subdivisions, and environmental matters. We are fully familiar with SEQRA, CEQR and other environmental and planning processes that must be completed in the development of any public or private project.