Michael J. Bradshaw

Michael J. Bradshaw is an attorney at Bass, Berry & Sims, where he advises state and local governmental entities, private developers, 501(c)(3) nonprofit organizations, and other entities in connection with a variety of public, private, and public/private projects. He can be reached at [email protected].

Three existing federal tax incentive programs that have been used frequently by developers received significant upgrades in this summer’s One Big Beautiful Bill Act. Low-income housing tax credits (LIHTCs) have long provided gap equity for affordable housing projects all over the country. New markets tax credits have been providing gap funding for a wide variety of economic development projects for more than 25 years. More recently, Opportunity Zones have steered investments in projects in low-income communities. The Big Beautiful Bill made improvements to each of these programs.
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