In addition to advising clients on a wide range of traditional municipal bond matters, Michael Bradshaw has extensive experience working with state and local governmental entities, private developers, 501c3 nonprofit organizations and other entities in connection with a variety of public, private and public-private projects.
Michael focuses his practice on offering holistic perspective for clients to identify effective solutions to optimize their financing positions. His practice includes:
- Municipal Bond / Debt Matters – Serving as bond counsel, special tax counsel, and counsel to financial institutions in various public finance transactions, including tax-exempt and taxable bonds and loans, general obligation bonds, revenue bonds, and working capital financings.
- 501c3 Financings – Serving as bond counsel and counsel to 501c3 nonprofit organizations and other entities – including hospitals, educational institutions and service organizations – in various financing transactions utilizing such financing incentives as tax-exempt 501c3 bonds and new markets tax credits.
- Economic Development – Counseling state and local governmental entities, private developers, 501c3 nonprofit organizations and other entities in connection with public-private partnerships (P3s) for various projects involving transportation infrastructure, healthcare facilities, retail facilities, sports facilities, hotels, conference centers, office buildings, and nonprofit projects. He has also served as bond counsel and counsel to public entities and private for-profit and nonprofit developers on several urban renewal bond issues, assisting municipalities in rehabilitating and revitalizing urban renewal areas within their communities.
Michael’s diverse experience also includes financing for residential rental housing, water and sewer/wastewater systems, natural gas, electricity, and other energy projects, and municipal lease/purchase transactions. He has served as counsel to municipal issuers, conduit borrowers, trustees and creditors in many post-issuance matters such as defaults and workouts of municipal bond issues.
Michael’s practice has involved counseling developers and financial institutions concerning federal and state tax incentives, including new markets tax credits, renewable energy tax credits, low-income housing tax credits, tax increment financing, and payment-in-lieu tax agreements (PILOTs).
Michael has provided counsel to municipal issuers, conduit borrowers and finance professionals on matters before the Internal Revenue Service (IRS), including IRS examinations and Voluntary Compliance Agreement Program (VCAP) requests.