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Calfee's Public Finance attorneys cover the entire range of governmental borrowings, from routine general obligation bonds and notes of local cities and villages, to projects as complex and unique as the redevelopment of inner-ring suburbs, downtown hotels and parking facilities, student housing and sports facilities and the transformation of a large public hospital.

Our lawyers serve as bond counsel, underwriter’s counsel, disclosure counsel, issuer’s counsel and borrower’s counsel for a wide variety of public finance transactions.


Chambers USA 2022 Band 2 Ranking in Banking & Finance (Ohio)

Calfee's Corporate and Finance practice was ranked by Chambers USA in Band 2 for Banking & Finance in Ohio in 2022. Chambers USA researchers noted that Calfee's Banking and Finance practice is "Esteemed for its experience in advising major financial institutions and corporate borrowers across a host of banking and finance-related issues."

Clients interviewed by Chambers USA said, "The team is solid, works hard, and gets to the right solutions. They are a technically proficient team of tireless workers and strong negotiators. Their strengths are their responsiveness and ability to address business issues."

U.S. News – Best Lawyers® “Best Law Firms” Rankings

Calfee was selected for inclusion in the 2023 "Best Law Firms" rankings by U.S. News – Best Lawyers in the following areas:

  • Banking and Finance Law (National Tier 3, Regional Tier 1 Cleveland)
  • Public Finance Law (National Tier 2, Regional Tier 1 Cleveland)
  • Tax Law (Regional Tier 1 Cleveland)

IFLR1000 (United States), Guide to the World's Leading Financial and Corporate Law Firms and Lawyers

Calfee was selected for inclusion in IFLR1000 – Guide to the World's Leading Financial and Corporate Law Firms in 2022/2023 in Banking Tier 1 – Ohio.




Bond Counsel Engagements

  • City of Cleveland, Ohio
  • City of Cincinnati, Ohio
  • Treasurer of State of Ohio
  • Ohio Public Facilities Commission
  • Ohio Air Quality Development Authority
  • Ohio Department of Transportation
  • Cuyahoga County, Ohio
  • Hamilton County, Ohio
  • Trumbull County, Ohio
  • Port of Greater Cincinnati Development Authority
  • Lorain County Port Authority
  • Cleveland-Cuyahoga County Port Authority

Issuer’s Counsel and Disclosure Counsel

  • Cuyahoga County, Ohio Water Development Authority
  • MetroHealth System

Underwriters’ Counsel

  • Ohio Housing Finance Agency
  • University of Akron
  • Treasurer of State of Ohio
  • Ohio Water Development Authority
  • Cleveland Public Power
  • Northeast Ohio Regional Sewer District
  • City of Akron
  • Kenyon College/Ohio Higher Education Facilities Commission
  • Playhouse Square Foundation
  • Columbus State College

Borrower’s Counsel

  • Jewish Federation of Cleveland
  • Summa Health System
  • Eliza Jennings Senior Care Network
  • Lake Hospital System
  • University School

Financing Experience

Financing Experience

  • Tax increment financing
  • Capital Lease transactions
  • Certificates of Participation
  • Lease Revenue Bonds
  • Economic development incentives
  • Business Improvement Districts
  • Public/private investment funds
  • New Markets Tax Credit transactions
  • Historic Tax Credit projects
  • Low Income Housing Tax Credit projects
  • Conduit financing
  • Tax abatements
  • Governmental loans and grants
  • Construction financing
  • Ground lease financing
  • Leveraged lease/loan transactions
  • Synthetic lease transactions
  • Industrial development bonds
  • Equity syndication/participation



  • Economic Development Incentives – Assisting businesses and governments in obtaining and providing financial incentives to promote economic development.
  • Public / Private Partnership Law – Counseling clients on the development of projects requiring the cooperative use of public and private resources.

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"The team is solid, works hard, and gets to the right solutions."

Client comments from Chambers USA

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