Meyner and Landis Community Development Accomplishments

Elizabeth, New Jersey.

• Currently representing the interests of the nonprofit general partner of a limited partnership that was awarded a $9,000,000 allocation of low-income housing tax credits and other subsidies and financing for the construction of 72 residential rental units.
  
  
• Currently representing the interests of the nonprofit general partner of a limited partnership that was awarded a $10,000,000 allocation of low-income housing tax credits for the construction of 107 residential units.

Jersey City, New Jersey.

• Assisted a nonprofit's general counsel by providing specialized counsel in securing tax-exempt bond financing from the New Jersey Economic Development Authority, New Jersey Redevelopment Authority and a major financial institution for the acquisition and renovation of a 27,000 square-feet office building.
  
  
• Currently representing a nonprofit in a wholesale corporate restructure, including an application for an IRS group exemption for its community development corporation and subsidiary development corporations.

Newark, New Jersey.

• Currently representing a nonprofit in the development and eventual sale of 23 townhomes. The project received a Housing Incentive Fund grant and a low-interest loan under the Urban Home Ownership Recovery Program.
  
  
• Represented a nonprofit in obtaining financial accommodations for the purchase of an industrial complex which has been renovated into a church, school and daycare facility.
  
  
• Represented a nonprofit in preparing a response to the City's request for proposal for the construction and sale of 57 single-family homes.
  
  
• Represented a nonprofit in obtaining land use approvals for the rehabilitation of an residential apartment building.

Paterson, New Jersey.

• Represented the interests of a nonprofit general partner in the dissolution of a for-profit limited partnership. The limited partnership was formed in 1979 for purposes of owning and operating a 159-unit rental housing project. Upon dissolution of the limited partnership, the New Jersey Housing and Mortgage Finance Agency approved a $1.1 million distribution to the nonprofit for future affordable housing development.
  
  
• Currently representing a nonprofit in a wholesale corporate restructure, including an application for an IRS group exemption for its community development corporation and subsidiary development corporations.
  
  
• Currently representing a nonprofit general partner in a buyout of the interests of its co-general partner and the syndicated interests of the limited partners of a limited partnership. The limited partnership was formed in 1981 for purposes of owning and operating a 143-unit, HUD Section 8 rental housing project valued at approximately $10,000,000.