Nancy Clapp advises commercial banks and other lending institutions in providing construction and permanent financing for tax credit-supported affordable housing projects. With more than 15 years of experience in a wide range of commercial real estate transactions and 12 years of experience with affordable housing projects, Nancy brings a broad base of experience to help her clients navigate the unique world of tax credit-supported financing.
Nancy works closely with her clients to understand and work through the unique circumstances of each deal and to ensure that her clients’ interests are protected, while also creating a collaborative working relationship with other parties to the transaction. She leads transactions and advises her clients on the impact of the multiple layers of financing that are a part of most affordable housing transactions, both in the construction and permanent phases of the project, with the goal of always negotiating the best position for her clients.
Practice Highlights
Affordable housing
Broad-based experience
Construction loan for multi-family low-income housing project
Financing for hotel
Sale of hotel
Financing for high-rise office building
Financing for high-rise multifamily residential building
Admitted to Practice
- California, 2002
Education
- J.D., University of California, Los Angeles School of Law, 2002
- A.B., University of California, Berkeley, 1997
Professional Recognition
- Honored as one of the "Most Influential Minority Attorneys," Los Angeles Business Journal, 2019
Background
- Associate, DLA Piper, Los Angeles, 2005-2012