Willie J. Biddings

Willie J. Biddings helps tax credit syndicators raise and deploy capital, having played an instrumental role in closing hundreds of investors into multi-investor funds representing more than $8.5 billion in aggregate commitments. Based in Boston, he also closes proprietary funds and advises on fund-level financing and transfers of fund interests.

Fund formation and investor closings are at the core of Willie's practice. He structures and closes sophisticated multi-investor and proprietary funds that allocate federal and state low-income housing tax credits (LIHTC) and other federal and state tax credits. Throughout his tenure at the Firm, he has counseled several prominent tax credit syndicators.

Beyond the fund closing, Willie helps syndicators manage fund-level matters, advising on bridge credit facilities and facilitating transfers of partnership interests.

At the project level, he represents clients providing equity for the development of affordable housing projects eligible for federal and state LIHTC, other state tax credits, historic rehabilitation tax credits and energy tax credits. Willie has also represented major institutional lenders, including national banks, in affordable housing construction lending. In addition, he counsels clients on due diligence for corporate acquisitions.

His perspective is shaped by experience on the lending side. Before his legal career, Willie spent six years at a major national bank, where he held roles involving unsecured lending, secured lending on personal property and real estate finance. During law school, he drafted incorporation documents and amended bylaws for local housing authorities through the Connecticut Urban Legal Initiative and interned with the U.S. Bankruptcy Court for the District of Massachusetts. That background gives him distinctive insight into lender perspectives and financing structures – a valuable advantage for clients bringing together investors, syndicators and lenders in complex tax credit transactions.