Last week our team gathered for our annual gift-wrapping party, and it was an absolute blast! This year, the firm contributed gifts to support LUCHA’s holiday celebration for their residents. We’re honored to partner with LUCHA and embrace the spirit of giving this holiday season! ✨
Applegate & Thorne-Thomsen, P.C.
Law Practice
Chicago, Illinois 992 followers
Founded in 1998 with the belief that healthy communities play a key role in providing economic opportunities for all
About us
Applegate & Thorne-Thomsen’s practice was formed in 1998 through years of representing developers, tax credit syndicators, investors, lenders, public housing authorities and community development organizations in the acquisition, financing, rehabilitation, construction and preservation of affordable housing and revitalization of communities. Serving this broad base of clients affords us a unique understanding of the varied business and legal issues that are integral to this work. We understand the complexity of multi-layered finance transactions and work proactively with our clients to structure transactions. We combine our project management skills with the latest technology, including an interactive web based due diligence site to move transactions toward closing in the most expeditious and cost effective manner. We have significant experience with the application of federal low-income housing tax credits, historic tax credits and new markets tax credits in deals throughout the United States and Puerto Rico and vast experience with HUD grant and loan programs for multifamily housing, public housing redevelopment, transfers of physical assets, loan management and other publicly financed, assisted and insured lending transactions involving multifamily properties. In addition, we are skilled in issues related to affordable senior housing, including the HUD 202 program; public housing revitalization, including HOPE VI mixed finance developments; zoning and land use; FHA-insured multifamily finance programs; Tax-exempt bond financing; TIFs; HOME and CDBG capital funding; state and local finance programs, including trust fund loan and grant programs and entitlements; Section 8 and other operating subsidies; supportive housing for special needs populations, including HUD Section 811; the Federal Home Loan Bank’s Affordable Housing Program; loan and mortgage restructuring, including Section 236 decoupling; regulatory compliance; and property tax exemption complaints
- Website
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http://www.att-law.com
External link for Applegate & Thorne-Thomsen, P.C.
- Industry
- Law Practice
- Company size
- 51-200 employees
- Headquarters
- Chicago, Illinois
- Type
- Privately Held
- Founded
- 1998
- Specialties
- Commercial Real Estate, Affordable Housing & Community Development, New Market Tax Credits, Government Relations, Zoning & Entitlements, and Tax Credit & Finance Syndication
Locations
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Primary
Get directions
425 S Financial Pl
Suite 1900
Chicago, Illinois 60605, US
Employees at Applegate & Thorne-Thomsen, P.C.
Updates
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Our managing partner, Debbie Kleban, had the honor of speaking at the NMTC Coalition's Annual Conference in Washington, DC last week. Debbie joined the panel, "Hear from the Experts - Perspectives on NMTC Legal and Regulatory Issues," alongside moderator Eileen Fitzgerald from ThruSight and panelists Carol Mihalic from Kutak Rock and Christin Petroski from Holland & Knight LLP. The NMTC Coalition Conference is an incredible opportunity to bring together CDEs, investors, policymakers, and community development professionals to connect, share insights, and advocate for #NMTCs. It was a privilege to contribute to these critical discussions about the future of the NMTC and its impact on communities across the country. #NMTC #CommunityDevelopment
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As we close out 2024 and reflect on the past year, we are reminded of the power of collaboration and community in shaping a brighter future. In celebration of the holiday season, we are proud to renew and increase our strategic investment in Chicago CRED, a vital organization committed to reducing gun violence in Chicago. Read our full holiday message here: https://lnkd.in/ekTaZVG7
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Applegate & Thorne-Thomsen, P.C. reposted this
It’s December in D.C., and that means time to advocate for #NMTCs at the annual New Markets Tax Credit Coalition Conference. The New Markets Tax Credit is an important and valuable tool in community development - it encourages private investment in vital projects which, but for the NMTC investment, would not be possible. The program enjoys bipartisan support, but it is imperative that our members of Congress hear your support for renewal in the coming year, so if your community has been fortunate enough to benefit from a project, please reach out to your Senators and Representatives to voice your request for renewal. The annual report has been published and can be accessed below. I was honored to see many of my client’s projects profiled, providing a small window in the impactful work they all do! (As an added bonus I met IL Rep Bill Foster for Congress who took time out of his busy schedule to attend the Coalition reception in the Capitol and learn more about this credit.) You can see NMTCC’s New Markets Tax Credit report here: https://lnkd.in/gG2yN_4h
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Today’s annual office potluck was a wonderful time to come together and celebrate our shared gratitude for one another and our work. Some of our East Coast team members and visitors also gathered for lunch in Boston. We’re grateful for our incredible team at Applegate & Thorne-Thomsen, P.C. and for the opportunity to make a difference together!
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🌟 Externship Opportunity for 2Ls - Spring 2025 🌟 Applegate & Thorne-Thomsen is seeking motivated, driven, and community-minded 2L students to join us for our Spring 2025 Externship Program! This hybrid, part-time program offers hands-on legal experience in affordable housing and community development, allowing students to work on meaningful projects in real estate development, ownership, financing, and investment. If you have a strong academic record, excellent writing and research skills, and a passion for making a difference, we want to hear from you! We especially encourage candidates from diverse or socio-economically disadvantaged backgrounds to apply as part of our commitment to promoting diversity, equity, and inclusion in the legal profession. Why Join Us? 🔹Gain invaluable exposure to complex real estate transactions 🔹 Work closely with experienced attorneys and receive hands-on mentorship 🔹 Build connections in the affordable housing and community development sectors 📩 Apply Today! Send your cover letter and resume to Lauren Frank at lfrank@att-law.com. Applications are accepted on a rolling basis through December 13, 2024.
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We're excited to share the first edition of Applegate & Thorne-Thomsen, P.C.'s quarterly newsletter! Inside, you'll find highlights from recent projects, insights from our team, and stories that reflect our commitment to affordable housing and community development. We hope this newsletter becomes a valuable way for us to stay connected and share our journey with you. Thank you for being part of our work and mission. We look forward to sharing more with you each quarter! https://lnkd.in/gQf-qYeR
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Happy Halloween from Applegate & Thorne-Thomsen, P.C.! 🎃 We loved seeing all the creative costumes from our team and their families. Hope everyone had a safe and spooky holiday!