John Kelley has extensive experience in real estate financing transactions involving tax credits and other community development programs. He advises clients in structuring and closing transactions involving low income housing tax credits, new markets tax credits, historic tax credits, energy tax credits, state tax credits, and opportunity zone benefits. For more than 20 years he has represented major institutional investors, syndicators, funds, and community development entities (CDEs) in investing in a diverse range of projects, including multifamily affordable housing, mixed-use real estate developments, hotels, commercial real estate projects, and renewable energy facilities. He also has significant experience in managing deals with a wide array of other financing available for community development efforts, including tax-exempt bonds, state and local grants and loans, HUD-supported loans, opportunity zone benefits, and financing through government-sponsored enterprises (GSEs). John also handles transactions in general corporate, real estate, and partnership law.
John has closed investments in hundreds of affordable housing transactions as well as dozens of syndicated tax credit funds. His experience includes acting as the lead syndicator attorney on the largest (at the time) solar PV project in North America as well as the biggest (in terms of the number of units) single affordable housing project. John has closed projects across the country and in several U.S. territories, including Guam and Puerto Rico. He also closed one of the first projects located in an opportunity zone that utilized the benefits affordable by the opportunity zone tax legislation.
John speaks frequently on issues related to the low income housing tax credit and new markets tax credit program as well as various other incentive programs.
- Second Quarter 2020
Renewable Energy Projects Left Unassisted by Recent Legislation May Face Critical Timing Constraints in Qualifying for Production Tax and Investment Tax Credits
- Boston College (J.D. 1996); University of Miami (B.B.A. in Business with honors 1993)
- Massachusetts and U.S. Supreme Court
- The Legal 500 US — recognized as a leading lawyer in real estate (2014)