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Tax-Exempt Lending to Governments and Nonprofits; Bank Loans and Direct Purchases of Municipal Securities

Tax-Exempt Lending to Governments and Nonprofits; Bank Loans and Direct Purchases of Municipal Securities

Amanda Stephens
Husband or wife Community Finance, Banking & Finance


Amanda Stephens focuses her observe on community finance, in which she serves as bond counsel, disclosure counsel, underwriters’ counsel, issuer’s counsel and bank’s counsel in relationship with a broad range of taxable and tax-exempt transactions which includes training, nonprofit companies and health care.

Amanda has encouraged on more than $2 billion of both of those publicly-supplied and privately-positioned charter college financings. Her function on these financings extends across the place, together with Texas, Florida, Tennessee, California, Arizona and New York, between numerous many others. Amanda functions with a first-of-its-variety nonprofit social impression fund that leverages private constitution loans to the community industry. Because their creation in 2018, Amanda has labored on documenting a lot more than $350 million in loans to substantial-undertaking charter faculties who do not or else have entry to extensive term, lower value financing. Amanda and crew are tasked with working with the regional borrower’s counsel for every new borrower and just about every new point out to develop a financing structure that satisfies the extended time period requires of the borrower, while conforming with state charter legislation and the clientele lending specifications. Amanda has also designed structures to aid with taxable refundings, to finance about existing new market tax credit score constructions and lots of other desires of the borrowers. 

Amanda also signifies banks and other economical establishments in link with immediate purchases of tax-exempt bonds and the issuance of letters of credit history and other liquidity services in relationship with tax-exempt transactions. 

In excess of the class of her job, Amanda has geared up, negotiated and reviewed contracts, personal loan paperwork, amendments, closing files, default letters, demand from customers letters, payoff and buyout agreements, intercreditor subordination agreements, and federal tax lien subordinations. She also has reviewed consumer contracts and MSA agreements in the oil and gas, development, health-related, retail and transportation industries, and she has addressed regulatory and compliance challenges for the finance business and oil and fuel marketplace. Amanda earlier served as an in-dwelling attorney for a nationwide financial solutions company. She also has served as a team legal professional for Choose Jaclanel McFarland of the 133rd Civil District Court in Harris County, Texas, and as assistant district lawyer for the Harris County District Attorney’s business office.