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Overview

As part of Calfee’s Public Finance practice, our lawyers assist businesses and governments in obtaining and providing financial incentives, which will encourage and promote economic development. We have assisted governmental clients in creating tax increment financing districts, community redevelopment areas and special improvement districts, which allow creative redirection or exemption of property taxes and assessments. We have assisted our business clients in utilizing these tools, and others, such as the jobs creation tax credit and tax-exempt private activity bonds, to facilitate expansion and job creation.

We have assisted urban and suburban Ohio communities in creating tax increment financing districts where the increase in property tax revenues is redirected to assist in financing costs of business expansion. We have worked with state and local governments in accessing low-interest loan and grant programs for economic and job growth, as well as facilitating energy-efficiency projects through state agencies and local special improvement districts. 

Noteworthy

Chambers USA, Band 2 Ranking in Banking & Finance (Ohio)

For more than a decade, Calfee's Commercial and Public Finance group has been recognized by Chambers USA. In 2020, Chambers USA researchers noted that the team is "esteemed for its experience in advising major financial institutions and corporate borrowers across a host of banking and finance-related issues, with particular expertise in the manufacturing and industrials sectors. Areas of significant strength include financing corporate transactions, capital markets work, bankruptcy and workout matters and counseling on regulatory compliance."

Chambers USA researchers further reported that a client commented: "They really do offer a one-stop shop – they could handle the finance work as well as the day-to-day commercial issues. Their expertise is wide and far-reaching; they give us everything we need and more." Another client is quoted as saying, "The firm has surprised me in an extremely positive way, and it competes on a global scale in finance matters."

"Best Law Firms” National Tier 3 Ranking, U.S. News–Best Lawyers in America

Calfee has been named to U.S. News – Best Lawyers® "Best Law Firms" 2020 for Public Finance Law (National Tier 3 and Metropolitan Tier 2).

Disclaimer

Although many of the professionals in our Economic Development Incentives group are attorneys, with the client's prior authorization, we may engage one or more of our non-licensed professionals affiliated with Calfee Strategic Solutions LLC to advise on certain aspects of a client engagement. Calfee Strategic Solutions LLC is not a law firm, and non-licensed professionals employed by CSS do not provide legal representation or services and are not engaged in the practice of law. 

Professionals

Experience

Experience

City of Cleveland, Ohio

City of South Euclid, Ohio

City of Lakewood, Ohio

City of Independence, Ohio

Village of Glenwillow, Ohio

City of Akron, Ohio

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Calfee has been named to U.S. News – Best Lawyers "Best Law Firms" 2020 for Public Finance Law (National Tier 3 and Metropolitan Tier 2 Cleveland rankings).

Best Law Firms 2020

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