Patricia C. Holland
Patricia C. Holland has been a practicing attorney for more than 20 years. Ms. Holland represents for profit and not for profit developers and lenders with respect to multi-family and commercial real estate development and leasing. Ms. Holland regularly counsels clients on a broad range of issues related to the acquisition, development or disposition of affordable housing developments, including such matters as deal structure, financing, environmental concerns, due diligence issues, ground leasing, construction and title matters. Notable clients represented by Ms. Holland include St. Edmund’s Redevelopment Corporation (“SERC”) and its affiliates. SERC’s mission is to “renew Chicago’s Washington Park Neighborhood by developing quality affordable housing and fostering community revitalization.” Ms. Holland has represented SERC in regards to matters related to the acquisition and development of 10 developments containing 620 rental units.
Ms. Holland also has experience with and has coordinated closings involving a multitude of financing sources including low income housing tax credits, donation tax credits, HOME funds and various HUD financing tools. Ms. Holland also has assisted with multiple matters involving public housing authorities and has experience with their development programs including HOPE VI, Mixed Finance and Project Based Section 8 Assistance. Ms. Holland also represents a number of lenders in regards to their participation in the Federal Home Loan Bank of Chicago’s affordable housing program.
In the municipal area, Ms. Holland has participated on behalf of the firm in its role as bond, underwriter’s and issuer’s counsel in municipal financings for general obligation, revenue, tax increment financing, industrial development, housing, special service area and conduit bonds.
Ms. Holland holds an undergraduate degree from the University of Illinois and a law degree from the University of Chicago. She has taught advanced legal writing at Chicago Kent College of Law. Ms. Holland also is the former chair of the Illinois State Bar Association’s corporation, securities and business law section council. She also is the former president of the board of directors for Family Shelter Services, a non-profit agency located in DuPage County, Illinois.