LEGAL SERVICES

2026-11-03

A . Redevelopment Agreements Legal Feasibility : Early involvement in assessing the legal framework surrounding the project , including statutory authority , regulatory requirements , and compliance issues . Risk Analysis : Identify potential legal risks , including environmental , regulatory , and contractual risks , advising on mitigation strategies . Contract : Negotiate , prepare , and review of contracts , agreements , legal opinions , documents and other writings necessary to implement a redevelopment plan from an existing term sheet . Financial Close : Assisting in achieving financial close by reviewing and advising on the financing agreements , ensuring compliance with the project agreement , and addressing any legal conditions precedent . Ongoing Compliance : Ensuring ongoing compliance with the project agreement and applicable laws during the construction and operation phases . Dispute Resolution : Acting as mediators or representing parties in resolving disputes that may arise during the project lifecycle , utilizing pre - agreed dispute resolution mechanisms within the contract . End - of - Term Procedures : Advising on the legal procedures for the handback of the project to the public entity at the end of the term , ensuring compliance with contract conditions regarding the state of the asset . Termination : In the case of early termination , the awarded attorney / firm will assist in the legal process , including negotiating termination payments and ensuring a smooth transition of the project back to the public entity or to a new private partner B . Affordable Housing Development The Affordable Housing Counsel will provide comprehensive legal representation to effectuate the closing and funding of affordable housing financing transactions that may include federal low - income housing tax credit (“ LIHTC ”) and tax - exempt bond or taxable bond funded transactions , joint legal representation with other sources of State funding , and special multifamily financing programs including , but not limited to , Build for CT . The responsibilities of affordable housing closing counsel may include , but are not limited to : Negotiating , drafting , and reviewing of contracts , agreements , legal opinions , documents and other writings necessary for affordable housing agreements . Examples of such materials include documents such as ground leases , regulatory and operating agreements , declarations of trust and restrictive covenants , management agreements , partnership agreements , financing agreements , program income agreements , loan documents , and documents utilized and required in connection with the project . Providing guidance on affordable housing , commercial or traditional housing project and real estate financing in Connecticut including the FLIHTC and related tax credit equity syndication and investment , State of Connecticut affordable housing financing programs , federal tax - exempt bond financings , and project - based Section 8 rental assistance . Advising the City Attorney / OPED on commercial and multifamily real estate financing in the State of Connecticut , including issues related to title , survey , collateral , contracts , corporations , partnerships and limited liability companies , insurance , taxation , and environmental matters and be experienced negotiating and working with borrower ’ s counsel , general contractors , environmental consultants , accountants , development consultants , investors and investor counsel and other transaction related parties .

Connecticut

2026-03-27