.webp "incentiveclass2_aqxks3 (1)")
Finding Growth when Economies Falter
In uncertain economic times, reducing costs associated with company expansions, consolidations, or relocations can mean the difference between survival and prosperity. Sustaining the growth of your enterprise may depend on innovative applications of the regulatory advantages that accompany investment in re-emerging localities
Protecting Your Advantage When Regulations Change
Market studies of incentive class properties have shown that the assessments for those properties trend higher in comparison with proximal non-incentive assets. Because incentive class properties are economic outliers, narrower markets reduce the certainty that assessing authorities have appropriately valued these properties.
Our layered understanding of this subcategory of the assessment practice enables us to identify for our clients the expanded expense ratios and higher cap rates that appropriately express the costs and risks embraced by taxpayers that give the incentive class enduring value.
Our adjacent concentrations in Low-Income Housing Tax Credit affordable properties and Historic Tax Credit programs gives us a unique edge in securing equitable treatment for incentive clients.
Advisory at Every Phase of Development
Strict “but for” requirements fundamental to this class can defeat developments that fail to demonstrate true need. Our team of lawyers and real estate professionals partner with you at every phase of your project, including:
Site Selection
Fulcrum provides insight and guidance as clients identify a location that meets project requirements and qualifies for incentives. Research ensures the site aligns with eligibility criteria.
Planning
Fulcrum provides projections and forecasts as clients develop the project design and timelines while ensuring compliance with incentive program regulations. Coordinate with authorities to meet qualifications.
Funding
Fulcrum works with banks and investors providing information critical to securing financial backing through grants, loans, or tax incentives. Build financial models to prove the project’s viability.
Closing
Fulcrum collaborates with closing counsel as needed to finalize agreements and secure legal and financial commitments. Ensuring all parties are aligned on terms and incentive obligations.
Aldermanic Support
Fulcrum guides and supports clients as they engage with local officials to secure political approval. Endorsements from aldermen are key for local incentives.
Breadth of Experience
Fulcrum Law possesses the acumen and experience to navigate successfully the matrix of regulatory compliance and municipal support required for favorable treatment under incentive guidelines. Our representations span the spectrum of incentive classification, including:
- Industrial
- Commercial
- Multi-unit Residential
- Historic Renovations
- Affordable Housing
- Manufacturing
