Austin – July 19, 2021 – Coats Rose attorneys Barry J. Palmer, Megan C. Riess, and Scott A. Marks are speaking this week at the 2021 Texas Housing Conference produced by the Texas Affiliation of Affordable Housing Providers (TAAHP) in Austin Texas. Palmer will moderate a panel, “Tax Exempt Bonds: Boot Camp,” on Monday, July 19. On July 20, Riess will discuss “Future Markets: Opportunity Zones, Guidelines and Resolutions,” as a panelist, and Marks and fellow panlists will explore “Exit Strategies – Tax Analysis, ROFR, Re-syndications & the Buyer Network.”
Palmer is a Director in the Real Estate and Affordable Housing and Community Development practice groups at Coats Rose law firm. His practice concentrates on the development and rehabilitation of affordable housing under various federal and state programs and inner city revitalization projects utilizing tax exempt financing tools. A large portion of Barry’s practice includes the representation of housing authorities in the redevelopment of obsolete public housing. Barry has particular expertise in the Section 42 Low-Income Housing Tax Credit program and the various HUD-administered redevelopment. His practice involves closing numerous projects under HUD’s Rental Assistance Demonstration (RAD) Program. He has been a frequent speaker on the topic of combining RAD with the Section 42 Low Income Housing Tax Credit Program. In addition, Barry serves as developer counsel for numerous for profit and non-profit developers under the Section 42 low income housing tax credit program. He also works extensively on applications for credits and the subsequent closing of tax credit projects. Barry is the Head of the firm’s Affordable Housing and Community Development practice. He is located in the Houston office.
Riess is a Director in the Affordable Housing and Community Development practice at Coats Rose law firm in the New Orleans office. Her practice includes commercial finance, real estate finance, public finance, corporate finance, and corporate transactions Megan has experience representing investors, borrowers, lenders, and public bodies in the structuring, negotiation, and documentation of credit facilities and bond transactions. She has represented clients in numerous commercial transactions utilizing a variety of government incentives, including state and federal new markets tax credits, state and federal historic rehabilitation tax credits, low-income housing tax credits, opportunity zone investments, Louisiana film tax credits, Louisiana angel investor tax credits, state and federal renewable energy tax credits and grants, community development block grants, HUD-insured loans, tax credit bridge loans, and tax credit bonds. Megan has also represented clients in corporate matters such as formation, equity financing, negotiation and drafting of operating agreements and other organizational documents.
Marks is a Director in the Affordable Housing and Community Development practice at Coats Rose law firm, where he has served as Counsel to local government agencies and both for-profit and nonprofit developers in closing real estate finance. He also has extensive fair housing experience. With his housing authority, business and legal experience, Scott provides insights on public policy and strategy and assists with negotiation of partnership agreements, loan documents, and various governmental alternative financing arrangements. Also active in the community, Scott served as an appointed member of the Austin Independent School District Facilities and Bond Planning Advisory Committee (FABPAC) that proposed more than $1 billion in bonds which voters approved in 2017, Secretary of the Texas Affiliation of Affordable Housing Providers (TAAHP), and a board member of Preservation Austin.
About Coats Rose, P.C.
Coats Rose is a transactional and litigation law firm focused on development: the development of real estate, special purpose districts, affordable housing, business and private wealth. We provide legal counsel to businesses, governmental entities, corporate and high-net worth clients across the U.S. and internationally. For over 30 years, the firm has leveraged its vast legal experience to fulfill clients’ needs spanning real estate law, public finance, affordable housing and community development, construction/surety law, commercial litigation, government relations, intellectual property, mergers and acquisitions, securities law, tax, wealth planning and preservation. In addition to its headquarters in Houston, Coats Rose has offices in Dallas, Austin, San Antonio, New Orleans and Cincinnati. Learn more at www.coatsrose.com.