Ronald R. Sylvester

(402) 231-8743
(402) 346-1148 Fax

Mr. Sylvester is a member of the corporate-tax credits group in the firm’s Omaha office. He represents tax-credit investors and syndicators, and state tax credit agencies. This representation focuses on equity and debt aspects of affordable housing transactions, including Low-Income Housing Tax Credits, Historic Rehabilitation Tax Credits, Energy Tax Credits, State Tax Credits, and various federal and state financing programs.

His representation includes:

  • Drafting and reviewing equity documents for affordable housing multi-million dollar affordable housing investments.
  • Reviewing multimillion-dollar commercial loan and bond documents.
  • Preparing and filing investors’ compliance documents with various federal and state government agencies.
  • Drafting tax opinions.
  • Reviewing affordable housing developers’ submissions to state tax credit agencies.
  • Drafting opinion letters and warranty deeds for state tax credit agencies.

Additionally, he has researched and counseled attorneys and clients regarding issues related to:

  • Technical terminations in upper-tier and lower-tier affordable housing partnerships.
  • Tax and accounting issues related to option contracts.
  • State Tax Credit compliance and accounting.
  • The impact of the Fair Housing Act and the Olmstead decision on state credit agencies’ credit allocations.
  • Recent changes to IRS Circular 230