Faust Bowerman is a financial services attorney in Holland & Knight's New York and Austin offices. Mr. Bowerman focuses his practice solely on federal income tax matters relating to public finance, including tax-exempt governmental bonds, tax-exempt private activity bonds, tax credit bonds, arbitrage rebate and yield restriction and tax-advantaged bond controversy matters, and in particular, multifamily and single-family housing finance.
Mr. Bowerman has advised governmental issuer clients on the federal income tax aspects of tax-exempt and tax credit bond financing transactions for or involving, among others, pool bond issues under parity resolutions; hedges; securitizations; multifamily residential rental projects, including volume cap recycling; single-family loan programs, including replacement refundings and loan participations; 501(c)(3) tax-exempt organizations, including homeless housing facilities, senior living facilities, primary, secondary and higher education facilities, and healthcare facilities; governmental general obligation and revenue bonds; governmental grant programs, including housing grant programs; extraordinary working capital deficits; transportation facilities; utility facilities; mixed-use facilities; convention facilities; and hotel facilities and venue projects.
In addition, Mr. Bowerman has represented numerous issuers before the IRS in connection with private letter ruling requests, examinations and voluntary closing agreements, as well as in connection with self-correcting remedial actions, all for tax-exempt bonds. He also has assisted numerous issuer clients in the establishment and development of tax-exempt bond written post-issuance tax compliance policies and procedures.
Prior to joining Holland & Knight, Mr. Bowerman was an attorney for nationally ranked public finance law firms, including a national public finance law firm in its New York office and a Texas-based public finance law firm in its Dallas office.
- Southern Methodist University Dedman School of Law, LL.M., Taxation
- Southern Methodist University Dedman School of Law, J.D.
- The University of Texas at Austin, B.A., Government
- New York
- American Bar Association (ABA), Forum on Affordable Housing and Community Development Law, 2021-Present; Section of Taxation, Tax-Exempt Financing Committee, 1998–Present
- National Association of Bond Lawyers (NABL), 2000-Present
- State Bar of Texas, Tax Section, 1997-Present; Tax-Exempt Finance Committee, Chair, 2007