Jerome L. Garciano

Associate

  • Overview

    Biography

    Jerome Garciano is an associate in the firm’s Real Estate + Development Group whose practice focuses on state and federal tax financing incentives affecting the built environment. Mr. Garciano provides tax support for developers, syndicators, investors, nonprofit sponsors, and government agencies in renewable energy and real estate developments using the Historic, New Markets, Renewable Energy, and Low-Income Housing Tax Credits. 

    Mr. Garciano has assisted several nonprofit-sponsored real estate transactions financed with New Markets Tax Credit financing, including education, health, and community services facilities. He is a LEED accredited professional and has advised clients on utilizing energy efficiency and renewable energy tax incentives. He also works on tax policy initiatives promoting green energy and real estate development. 

    Prior to joining Robinson+Cole, Mr. Garciano was associated with Klein Hornig LLP and Edwards Wildman Palmer LLP. He is also a certified public accountant and has worked as a finance associate at The Community Builders, Inc., a national nonprofit organization, and at Recap Advisors, a nationally recognized affordable housing financial services firm. In addition, Mr. Garciano worked for architectural design firms after graduating from architecture school.

     

  • Experience
    • Experience

      Experience

        Affordable Housing

      • Represented a national bank in its role as a lender for the Cambridge Housing Authority's (CHA) first four Rental Assistance Demonstration (RAD) conversion deals. The bank closed the tax-exempt bond financing for 511 units of public housing conversions under HUD's RAD program. The RAD program was created to give public housing authorities a tool to preserve and improve public housing properties by restructuring HUD subsidies into long-term contracts that facilitate the private financing of improvements. These first four transactions are part of a long-term project to convert all 2,129 of CHA's public housing units to RAD. The bank is the top affordable housing finance provider in the country, lending $3.2 billion in 2014.

      • Other Experiences

      • Represented an institutional lender providing a $22,000,000 construction loan to an affiliated group of borrowers to fund the construction costs associated with the design, procurement, and installation of 26MW commercial rooftop solar array projects for two Fortune 50 companies to be located on 60 commercial buildings in four states and secured by all assets of the borrowers, including their respective rights under all contracts with equipment procurement contractors (EPCs), power purchase agreements, renewable energy certificates, agreements relating to federal investment tax credits, interconnection agreements and maintenance agreements. The contemplated refinancing of this transaction involved the placement of permanent senior loan financing from an institutional lender, a tax credit equity investment (in the form of a "partnership flip" which involved the creation of special purpose entities) from an institutional investor and the associated intercreditor, interparty and other third party issues related thereto.

    • Professional Associations

      Professional Associations

      American Bar Association

      American Institute of Architects

      American Institute of Certified Public Accountants

      Boston Bar Association

      Boston Society of Architects
    • Community Involvement

      Community Involvement

      Member of Winchester Housing Partnership Board
  • NEWS + PRESS
    • News

      R+C in the News

      • April 18, 2016

        Jerome Garciano Hosts Sustainability Event in Boston Office

        • » more info
      • June 5, 2015

        Robinson+Cole Is a Sponsor of NYSAFAH Conference

        • » more info
      • April 17, 2015

        Robinson+Cole Represents National Bank in HUD Rental Assistance Demonstration Conversion Deals with Cambridge Housing Authority

        • » more info
      • August 14, 2014

        Robinson+Cole Lawyers Host Networking Event at 2014 ABA Annual Meeting

      R+C News Releases

      • February 1, 2016

        Robinson+Cole Forms Sustainability Cross-Practice Team

        • » more info
        • View article
      • July 17, 2014

        Robinson+Cole Welcomes Six New Lawyers

        • » more info
        • View article
    • Newsletters

      Newsletters

      Green Tax Incentive Compendium (1/1/16)