Jason A. Hobson

Jason A. Hobson is an experienced affordable housing, community development and real estate attorney, with a unique blend of legal and industry-specific knowledge. Jason routinely advises clients in public-private partnerships, including the acquisition and financing of 100% affordable, mixed-income and mixed-use real estate projects throughout the United States which utilize Low-Income Housing Tax Credits, Tax-Exempt Bonds, New Market Tax Credits, Historic Tax Credits, Solar Tax Credits, HUD financing and/or other public programs. Most of the developments which Jason provides assistance involve numerous layers of complex, subordinate debt and regulatory requirements.

Jason represents private equity funds, investors and syndicators of tax credits, as well as non-profit organizations, for-profit developers and public agencies. Jason was previously senior legal counsel and an officer of a national tax credit syndicator engaged in Low-Income Housing Tax Credit, Historic Tax Credit and Solar Tax Credit equity investments throughout the United States. Jason was also previously an attorney and a key member of the Affordable Housing and Community Development practice teams of Pillsbury Winthrop Shaw Pittman LLP and Cox, Castle & Nicholson LLP. In addition to his affordable housing practice, Jason is an officer and board member of Synergy Community Development Corporation, a 501(c)(3) nonprofit corporation engaged in the preservation and development of affordable housing.

Jason is a native Angeleno, has performed stand-up at the Laugh Factory on Sunset Blvd., and regularly competes in Ironman Triathlons.

Education

JD, University of California, Hastings College of the Law
Hastings International & Comparative Law Review, Board Member
BA, California State University (Cum Laude, Highest Honors)
International Diploma, Waseda University (Tokyo, Japan)

Publications and Related Matters

“Disadvantaged Get an Advantage – Federal New Markets Tax Credit program pumps $460 million in new equity into California” California Real Estate Journal

“Tax Credit Update – Recent Guidance for LIHTC and NMTC Programs” - Pillsbury Winthrop on Affordable Housing

“New Markets Tax Credits: A New Idea for an Old Problem” – 2004 Issue, Pillsbury Winthrop on Real Estate

“Avoid the Pitfalls of Tenant Relocation Assistance” – Journal of Property Management, co-authored with Gary P. Downs, Esq.

“New Markets Tax Credits: After Much Delay, NMTC Proceeds Start Flowing” – 2004 Issue, Pillsbury Winthrop on Affordable Housing

“As Federal and State Subsidies to Older Projects Expire, Developers and Public Entities Focus on Affordable Housing Preservation” and “New Markets Tax Credit Update” – 2003 Issue, Pillsbury Winthrop on Affordable Housing

“Relief at Last: IRS Releases Revenue Ruling Relating to Impact Fees and Eligible Basis” and “California Multifamily Revenue Bond Statute Sunset Jeopardizes Third Round Deals” – Premiere Issue, Pillsbury Winthrop on Affordable Housing

“Significant Changes to California Property Tax Abatement Law for Affordable Housing Developments Considered by the California Board of Equalization” (Client Alert Publication)

Frequent speaker and panelist on Affordable Housing, Tax-Exempt Bond, Low-Income Housing Tax Credit and New Markets Tax Credit matters

Structured and closed the first West Coast New Markets Tax Credit financing, and the first California Farm-Worker Housing Tax Credit financing

Professional Activities

Member, ABA Forum on Affordable Housing
Member, Southern California Association of Non-Profit Housing Organizations
Faculty Member, Practising Law Institute (Tax Credits & Tax-Exempt Bonds)
Member, Real Property Law Section of California State Bar
Chair, Synergy Community Development Corporation


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