Applegate & Thorne-Thomsen, P.C.

Founded in 1998, Applegate & Thorne-Thomsen has built a robust practice providing expert legal services to developers, tax credit syndicators, financiers, public housing authorities, and community development organizations. We specialize in the acquisition, financing, rehabilitation, construction, and preservation of affordable housing while contributing to community revitalization efforts. Our diverse clientele gives us valuable insights into the complex business and legal challenges inherent to these projects. With a keen understanding of intricate financial transactions from multiple sources of funding,, we collaborate closely with our clients to navigate each deal effectively. By integrating project management expertise with cutting-edge technology—including an online due diligence platform—we streamline transaction processes for timely and cost-efficient closings. Our extensive experience encompasses utilizing federal low-income housing tax credits as well as historic and new markets tax credits across various deals throughout the United States and Puerto Rico; managing HUD’s grant programs for multifamily developments; overseeing public housing redevelopment; coordinating asset transfers; handling loan management matters alongside other publicly financed lending initiatives related to multifamily properties. Furthermore,we are adept at addressing issues within affordable senior living spaces- particularly through programs like HUD 202- along with leading revitalization projects such as HOPE VI mixed finance initiatives.; navigating zoning concerns;, FHA-insured loans,, Tax-exempt bond financing;, TIFs;.HOME & CDBG capital support,furthermore including state/local finance strategies involving trust fund loans/grants/and entitlements..Our proficiency extends also into areas concerning Section 8 subsidies,supportive solutions catering specifically towards special needs groups( per HUD Sec811),as well reducing regulatory burdens through compliance checks on property taxes exemptions or tackling mortgage restructuring e.g.,through options like Section236 decoupling .