Jonathan M. Volinski

Jonathan M. Volinski advises tax credit syndicators, lenders, investment fund sponsors, and institutional and private investors on equity financing for affordable housing and historic rehabilitation projects, helping clients structure, close and manage tax-advantaged investments. Based in Boston, Jonathan is a member of the Firm's Tax Credit Transactions Practice and counsels clients – including national insurance companies, banks and Fortune 500 companies – on federal low-income housing tax credits (LIHTC), state and local tax credits and federal and state historic rehabilitation tax credits.

Since joining Holland & Knight in 2014, Jonathan has worked across the business and tax law issues that drive affordable housing finance. His experience spans low-income multifamily and elderly housing projects, assisted living developments, housing preservation and projects involving the HOME Investment Partnerships Program, Community Development Block Grant (CDBG) Program and other U.S. Department of Housing and Urban Development (HUD) programs. He has helped clients structure and close numerous direct equity investments, private placements and proprietary funds.

Layered financing is a significant part of his practice. Jonathan combines tax credit equity with mixed-finance programs for public housing and pairs renewable energy credits and federal and state historic tax credits with federal and state LIHTC, helping clients bring multiple funding sources together in a single transaction.

After closing, he advises on all aspects of tax-advantaged investment portfolio management. Jonathan counsels clients on contract interpretation and pre-litigation enforcement, management company and general partner removals and the sale or other disposition of aged assets. He also negotiates with lenders and governmental agencies on refinancings and loan workout agreements.

This perspective – from initial structuring through asset disposition – helps investors protect the value of their tax credit investments over the full life of each project.