Gain an understanding of Opportunity Zones and the current guidance and potential issues in structuring transactions.
Opportunity Zones offer great promise for new investment in low-income areas and affordable rental housing in those areas. Regulations and guidance continue to evolve. This topic will take a deep dive into Opportunity Zones, explaining the current guidance and exploring potential issues in structuring transactions with a focus on affordable housing. Panelists will discuss potential benefits and the challenges to structuring transactions. This information is a great fit for anyone looking to get a better handle on Opportunity Zones and explore their benefits and limitations.
Agenda
Faculty
Ken Silverberg
Nixon Peabody LLP
- Partner in Nixon Peabody’s Washington, DC office
- Focuses on tax controversies, including tax audits, appeals and litigation against the IRS and state departments of taxation
- Represents numerous nonprofit organizations and NGOs in the health care, education and trade association sectors
- J.D. degree, Georgetown University Law Center; B.A. degree, University of Michigan
Kathie Soroka
Nixon Peabody LLP
- Counsel in Nixon Peabody’s New York office
- Focuses on affordable housing development
- Prior to joining Nixon Peabody, she served as senior counsel to the general counsel at the U.S. Department of Housing and Urban Development
- Has helped public and private clients nationwide structure complex real estate transactions with multiple layers of finance, navigating various federal, state and local requirements
- Recently published the article “Top 5 Ways to Use Opportunity Zone Funds in LIHTC Deals,” in Affordable Housing Finance
- J.D. degree, Harvard Law School; B.A. degree, summa cum laude, Washington and Lee University
Richard Price
Nixon Peabody LLP
- Partner in Nixon Peabody’s Washington, DC office
- Focuses on real estate finance and regulation, affordable and rural housing and community development, government contracts, administrative law and legislation
- Assists for-profit and nonprofit businesses and government agencies
- Editor-in-chief of Nixon Peabody’s Affordable Housing and Community Development blog and regularly writes and speaks about new issues affecting housing, administrative law, finance and real estate
- J.D. and B.A. degrees, George Washington University
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