Corenia R. Burlingame
Member
Washington, D.C.
Corenia has nearly two decades of experience representing syndicators, developers, and investors in structuring and closing tax-motivated and community development investments nationwide.
Corenia's experience includes working with federal and state low-income housing tax credits, historic rehabilitation tax credits, new markets tax credits, and renewable energy tax credits. She has represented parties at all levels — investors, developers, syndicators and lenders — in these tax-motivated transactions.
The projects include new construction and rehabilitation deals financed through low-income housing tax credits, non-tax credit preservation of affordable housing projects, and the rehabilitation of historic buildings financed with historic rehabilitation investment tax credits. She also has experience re-syndicating existing tax credit projects and has worked on numerous deals that pair low-income housing tax credits with other state and federal incentives. The equity investments in affordable housing projects have been coupled with a wide variety of debt products, including tax-exempt bonds, Fannie Mae M.TEB and Freddie Mac TEL loans and credit enhancement, HUD- and USDA RD-insured loans, federal and state grants, and HOME, CDBG, and SLFRF/ARPA financing. Corenia’s practice also includes assisting clients investing in scattered-site portfolios of tax credit projects, workouts of troubled tax credit deals, year 15 issues, opportunity zone investments, and unwinds of historic rehabilitation and new markets tax credits financing.-
J.D., University of Virginia School of Law, 2006
B.A., University of Virginia, 2001
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Virginia, 2006
Washington, D.C., 2007
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American Bar Association
District of Columbia Bar Association
Virginia State Bar Association
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Member, American Bar Association,
Section of Taxation
Member, American Bar Association,
Forum on Affordable Housing and Community Development Law
Member, District of Columbia Bar,
Taxation Section
Member, Virginia State Bar,
Taxation Section
National Housing & Rehabilitation Association,
Board of Directors
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Legal Elite List, Virginia Business, 2020
Best Lawyers: Ones to Watch, Best Lawyers, 2020
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Presentations
Panelist, “Sailing into Re-Syndication,” CAHEC Partners Conference, Raleigh, NC, June 5, 2024.
Moderator, “Tax Credit Equity Roundtable,” National Housing & Rehabilitation Association 2022 Summer Institute, July 20, 2022.
Panelist, “LIHTC Resyndication Transactions 101 – Issues, Tips and Traps,” American Bar Association 2022 Forum on Affordable Housing Annual Meeting, May 9, 2022.
Panelist, “OZ 201: Beyond the Basics, Opportunities and Challenges of IRS Guidance,” Washington DC Opportunity Zones Summit, March 20, 2019.
Publications
Quoted, “IRS Housing Tax Credit Final Rules to Boost Investor Interest,” Bloomberg Tax, October 21, 2022.
Featured, “Manatt Boosts Impact Investing Practice With 2 Miles & Stockbridge Partners,” The National Law Journal, July 21, 2022.
Author, “Breaking Down an Important Qualified Contracts Case,” Tax Credit Advisor, November 2020.
Author, “The Land of OZ: Opportunity Zone Regulations Part Two: The Devil’s Details,” Tax Credit Advisor, May 1, 2019.
Author, “The Land of OZ: Some Potential Marriages – Investing Opportunity Fund Proceeds Into Tax Credit Projects,” Tax Credit Advisor, December 2018.
Author, “Should Old Partnerships Be Amended to Address H.R. 1,” Novogradac Journal of Tax Credits, March 8, 2018.
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