Fair Housing and the LIHTC
Speaker Biographies
Mark Shelburne, Novogradac & Company LLP (moderator)
Mark Shelburne is a consultant for Novogradac & Company LLC who is based in Raleigh, N.C., but works nationally. Before joining Novogradac, Mr. Shelburne spent 13 years with the North Carolina Housing Finance Agency, where he coordinated the qualified allocation plan (QAP), evaluated applications, provided legal advice and worked with other states. He has degrees in law and city and regional planning from the University of North Carolina, Chapel Hill.
Shawn Whitney, Spencer Fane
Shawn Whitney is chairman of Spencer Fane’s tax credits, housing and development incentives team. He is focused on structuring low-income housing tax credit (LIHTC), historic rehabilitation tax credit (HTC) and new markets tax credit (NMTC) transactions for developers, investors, syndicators and lenders. His primary practice focus is representing developers and tax credit syndicators/investors on the adaptive reuse of historic buildings using state and federal tax credit programs, along with other incentives such as tax abatements/exemptions, TIF and other development incentives. Mr. Whitney has extensive experience dealing with state tax credit issues and twinned projects. He also closes both 4 percent and 9 percent LIHTC developments. Many of his deals require him to work with clients to layer HOME funds, nonprofit grants and NMTC leverage loans into tax credit projects. Many of his projects use HUD 221(d)(4) construction loans as well as HUD 223(f) refinancings. As well as his focus on the development side of tax credit projects, he regularly represents federal tax credits syndicators/investors with acquisition and disposition of projects subject to LIHTC land use restriction agreements, and general partner removal issues. Mr. Whitney and his team also represent clients on the acquisition and disposition of large multifamily complexes throughout the country. Mr. Whitney also has extensive experience with the development of student and senior housing.
Stacy Seicshnaydre, Tulane University Law School
Stacy Seicshnaydre is a leading authority on fair housing and anti-discrimination law, and her research and writing on housing law and policy have been influential in federal civil rights litigation. As director of Tulane Law School’s Civil Litigation Clinic since 2004, she has guided students in the representation of clients on a variety of civil rights cases in federal courts at the district and appellate levels. She was founding executive director and later general counsel of the Greater New Orleans Fair Housing Action Center. Ms. Seicshnaydre clerked for Judge W. Eugene Davis of the 5th U.S. Circuit Court of Appeals, then was the first Tulane Law School graduate to receive a Skadden Fellowship, through which she worked as a staff attorney for the Lawyers’ Committee for Civil Rights Under Law in Washington, D.C. She has served on the board of the Inclusive Communities Project and National Fair Housing Alliance and on the Louisiana Advisory Committee to the U.S. Commission on Civil Rights.
Toni Jackson, Jones Walker
Toni Jackson has more than 20 years of real estate experience in both the private and public sector, focusing primarily in commercial transactions. She currently practices in the areas of commercial real estate development and affordable housing financing representing both for-profit and nonprofit developers and public housing agencies. Ms. Jackson has represented clients in the development of multifamily housing, mixed-use complexes, residential subdivisions and commercial office and retail. Ms. Jackson concentrates her practice in mixed-finance transactions which include tax credits, FHA financing and other public funding. Additionally, she serves as special and general counsel to a number of public housing authorities with a specific emphasis on U.S. Department of Housing and Urban Development (HUD), public housing and development issues. Ms. Jackson has closed more than $500 million in tax credit and bond transactions, as well as assisted with the preparation of tax credit, HOPE VI and other public funding applications. She works with numerous housing authorities and has successfully served as the lead attorney for the redevelopment of public housing units through the preparation and implementation of HOPE VI transactions, demolition/disposition applications, redevelopment plans and capital funds financing. Ms. Jackson has also served as counsel for PHAs choice neighborhood grants and the Rental Assistance Demonstration (RAD) Program. Ms. Jackson has most recently worked with housing authorities and private developers as they redevelop housing in response to recent disasters. These transactions have included GO Zone tax credits, GO Zone bonds and CDBG-Disaster Recovery Funds. Ms. Jackson's role included negotiating the subrecipient agreements with the administrating agency, identifying and addressing fair housing issues and navigating other community issues raised as a result obtaining disaster funds in addition to serving as closing counsel for the transactions. She has also authored a chapter in a recent book on disaster funding and served as a speaker on the topic of disaster funding and recovery. Ms. Jackson worked as attorney-advisor in the Houston area office of HUD. She also served in the office of General Counsel at Texas Southern University (TSU), where she assisted in the acquisition of property for TSU and the development of student apartments. Ms. Jackson has also been involved in the creation and representation of Tax Increment Reinvestment Zones (TIRZs) in the city of Houston. Ms. Jackson has worked extensively with the city of Houston, Housing Authority of the City of Texarkana, Texas, Galveston Housing Authority, Shreveport Housing Authority, city of Chicago, city of New Orleans and other governmental entities in an effort to increase home ownership and rental housing for low- to moderate-income families. Ms. Jackson currently serves as a lobbyist and governmental liaison on municipal, county and statewide matters particularly in the areas of affordable housing, construction, specialized financing tools and other real estate issues and concerns. She frequently serves as a speaker and guest lecturer in the area of affordable housing and community development and disaster funding and recovery.
Lisa Krigsten, Dentons
Lisa Krigsten is a partner in Dentons’ white collar and government investigations practice. Mr. Krigsten has first-chaired dozens of complex criminal cases in her nearly 20 years of practice. As a trial attorney and then as a special litigation counsel for the U.S. Department of Justice (DOJ), Ms. Krigsten investigated and prosecuted high-profile criminal cases across the nation, including in Boston, Georgia, Florida, Kansas, Mississippi and Texas. As a result of her outstanding investigative and trial work, she received two special commendation awards. In recognition of the breadth of her experience, Ms. Krigsten received a presidential appointment to be the principal deputy assistant attorney general for civil rights. While in that leadership position, she guided the national enforcement of federal anti-discrimination laws in a division with more than 500 lawyers. Ms. Krigsten approved civil litigation on behalf of the United States and also coordinated the Justice Department’s responses to various congressional inquiries. She testified before the House Judiciary Committee regarding the federal government's role in state criminal investigations. In private practice, Ms. Krigsten’s extensive negotiation and trial experience give her the insight to provide strategic counsel to clients under the threat of an investigation, criminal prosecution or civil litigation initiated by the federal government. She has represented clients before the Justice Department, the Securities and Exchange Commission and the Department of Housing and Urban Development (HUD). She also leads internal investigations for companies that need to determine whether a violation of law occurred. Each year, Ms. Krigsten teaches a week-long intensive Trial Advocacy class at the University of Iowa College of Law.