David Davenport, trial attorney at Winthrop & Weinstine, focuses a significant amount of his practice on disputes in the low-income housing tax credit industry. He represents developers and partners in disputes involving business partnerships in the affordable housing industry, with particular expertise in litigating partnership exit disputes. He frequently advises clients on their options and rights available to avoid litigation, but with the increasing number of “exit issues” and “year 15 disputes” facing the industry, a significant part of his practice involves litigation in this complex area. Throughout his career, he has frequently represented business owners in partnership disputes, and brings an experienced approach to dealing with these complicated partnership structures and business disputes in the tax credit industry.
Year 15 is an important time for Low-Income Housing Tax Credit (LIHTC) properties. Partners must make decisions on the future of the property, but it is a complicated process and gets more complex the longer you wait. This panel will give a high-level overview of the year-15 exit process, including when to begin, what is […]