D.A. Davidson is a national leader in tax-exempt bond financing for multi-family, student and senior housing projects. We have broad experience in debt securitization for low-income-housing and tax credit projects, including traditional debt products and products with derivative elements. Our clients include for-profit developers, tax credit investors, governmental authorities and 501(c)(3) non-profit organizations. We help clients arrange various types of credit enhancement from highly rated entities, including commercial banks, government sponsored entities and monoline bond insurers. We have extensive experience with multi-family housing debt pools, including the provision of sizable warehousing facilities prior to the securitization process. We specialize in single-asset transactions involving tax credits and provide private placement funding for bank qualified bonds for governmental authorities and non-profit corporations.

D.A. Davidson introduced an innovative program utilizing the 63-20 letter ruling to meet financing goals in resort mountain communities where traditional housing programs are not a viable solution. We have significant experience using various federal programs including: Fannie Mae, Freddie Mac, HUD 221(a)(7), HUD 221(d)(3), HUD 221(d)(4), HUD 223(f), HOPE V1 mixed financing transactions and HUD 236 mortgage IRP decouplings.