Public Finance & Infrastructure

State and local housing finance agencies (HFAs) face ongoing legal and financial complexities in advancing affordable housing initiatives. With a reputation for innovative thinking, Greenberg Traurig has advised HFAs on thousands of single-family and multi-family housing bond transactions since 1984, bringing deep experience in documentation, structuring, securities law, and federal and state tax considerations. Our attorneys also assist HFAs with direct equity investments in multi-family project partnerships, including tax credit structures, as well as the development and implementation of single-family and multi-family direct loan programs, assisting in designing financial terms that align with agency goals.

Ports and airports are critical infrastructure hubs requiring sophisticated legal strategies to support their development and operation. Greenberg Traurig advises on public finance transactions for facilities nationwide, serving as bond counsel, underwriter’s counsel, disclosure counsel, and borrower’s counsel. Our work encompasses financings for infrastructure such as runways, roads, and parking facilities, as well as exempt facility bonds for terminals, cargo facilities, and fixed-base operator (FBO) projects.

Drawing on decades of experience across the United States, our attorneys navigate the multifaceted legal and regulatory requirements that underpin the creation, operation, and financing of Development and Improvement Districts, including compliance with federal and state securities laws, structuring both tax-exempt and taxable financings, and addressing unique governance issues. We advise state and local governments, public agencies, and private developers on the formation and administration of various types of special districts, including community development districts (CDDs), municipal utility districts (MUDs), and special assessment districts, and provide strategic guidance on funding mechanisms, assessment methodologies, and bond issuances. Our team works collaboratively with clients to design innovative financial structures that support infrastructure development and improvements tailored to community needs, while maintaining a rigorous focus on long-term operational sustainability and regulatory compliance. We assist our clients in designing, developing, and operating impactful district projects that drive economic growth, enhance public amenities, and foster vibrant, sustainable communities.

Municipal bonds fund essential public projects such as roads, schools, and hospitals, yet financial stress or strained revenue can necessitate workouts or reorganizations to protect bondholders’ interests and maximize investment returns. Greenberg Traurig’s Distressed High-Yield Bond Workout Group comprises over 25 attorneys nationwide with deep experience handling distressed bond situations, including workouts, restructurings (both in and out of court), receiverships, and bankruptcies. Our team provides interdisciplinary legal counsel across tax, securities law, litigation, and sector-specific considerations, advocating for trustees, financial institutions, and investors in complex insolvency litigation and mediation forums across the country. Greenberg Traurig has decades of hands-on experience in sectors financed by municipal bonds, including education, health care, transportation, renewable energy, and senior living facilities.

Public finance transactions in the utilities and energy sector, including water, wastewater, electric, and renewable energy projects, often require addressing unique legal challenges tied to tax-exempt and taxable bonds, regulatory compliance, and project-specific financing structures. Greenberg Traurig’s attorneys have served as bond counsel, underwriter’s counsel, disclosure counsel, and borrower’s counsel for financings that support critical infrastructure such as water treatment plants, energy generation facilities, transmission and distribution systems, renewable energy installations, and solid waste disposal and resource recovery and recycling facilities. Our multidisciplinary team helps public entities, private developers, and other stakeholders secure funding for utility and energy projects.

Colleges, universities, hospitals, long-term care providers, private schools, cultural institutions and other nonprofit organizations face distinct legal requirements in financing projects such as academic buildings, research centers, teaching hospitals, student housing, health care facilities, and community support initiatives. Greenberg Traurig provides counsel on a wide range of public financing structures transactions in the higher education, health care, and nonprofit sectors, including fixed-rate bonds, floating-rate bonds, direct purchase transactions, master indenture structures, taxable, and tax-exempt  financings.

Our attorneys have a deep knowledge of Section 501(c)(3) of the Internal Revenue Code and regularly advise nonprofit entities on bond financings, post-issuance compliance, and operational considerations.

Public-private partnerships (P3s) offer innovative funding mechanisms for infrastructure projects, requiring careful legal navigation at every stage of their lifecycle. Greenberg Traurig advises government entities, developers, financiers, and other stakeholders on P3 transactions across the United States, leveraging decades of experience in structuring and implementing these partnerships. We have participated in transactions utilizing a wide range of financing techniques and have contributed to the evolution of these approaches in the public finance space.

Transportation infrastructure projects, including rail, transit, and road developments, demand tailored legal strategies to address complex financing needs. Greenberg Traurig assists clients with municipal securities, bond issuances, P3 transactions, and federal funding programs, working closely with government agencies, transit authorities, developers, and investors to address the complexities of financing large-scale infrastructure projects, including first-of-their-kind initiatives.

Sports facilities and entertainment venues require multidisciplinary legal counsel to navigate financing, development, construction, leasing, and operational issues associated with these projects. Greenberg Traurig’s team includes attorneys from a wide array of practices, including Real Estate, Finance, Tax, Construction, Entertainment & Media, Environmental, Litigation, and Government Contracts. This diverse experience enables us to offer a broad range of services to clients involved in the development of facilities, venues, and sports and entertainment districts.

Our team has significant experience advising on public finance transactions for water and wastewater projects, helping municipalities, utility providers, and public agencies secure funding for critical infrastructure improvements. Our multidisciplinary team provides strategic guidance on all aspects of these transactions, including regulatory compliance, tax-exempt financing, and environmental considerations critical to water and wastewater projects. From water treatment facilities to sewer system upgrades, we deliver innovative financing strategies and support the development of resilient and sustainable water infrastructure projects nationwide.