Christian D. Dubois

Partner

Overview

Christian is a real estate transactional attorney focused on representing both for-profit and non-profit developers of affordable housing projects in residential, commercial, and mixed-use projects funded by private activity bonds, federal and state tax credits, and various other types of public financing.  In addition to his extensive experience with projects in California and other western states, Christian has focused much of his practice on low income housing tax credit deals in the State of Hawaii, having closed multiple deals across the islands of Oahu, Maui and Hawaii with various state and county financing sources.  His extensive experience in affordable housing transactions gives him helpful insights into the structuring and terms of affordable housing projects.

Affordable Housing Financing

Developers rely on Christian’s ability to close complicated affordable housing projects, as well as his expertise in structuring tax credit and bond financings with multiple sources of debt and equity. Christian also is an authority on California’s property tax exemption for affordable housing, among other sources of affordable housing subsidy.

Broad Real Estate Industry Experience

Christian has extensive experience in affordable housing, as well as mixed-used and mixed-income projects, having represented developers in the financing, acquisition, development, rehabilitation, and disposition of tens of thousands of units throughout California, Hawaii and several other states.  He is sought out by developers to structure complex real estate-secured transactions and to negotiate and document purchases, sales, joint ventures, and debt financings.

Representative
Matters

Represented the developer in the rehabilitation and financing of a 1200-unit mixed-income housing project in Phoenix, Arizona, financed in part with a total return swap-backed tax-exempt bond loan and tax credit equity.

Represented a non-profit project owner in the tax credit and tax-exempt bond-financed rehabilitation of the largest affordable housing development on the Monterey County Peninsula in California. The project was the first tax credit project for the owner, whose board consisted of several local nonprofit organizations not otherwise engaged in real estate development projects.

Represented the developer in the resyndication and rehabilitation of a project for formerly homeless residents in San Jose, California, including the structuring and negotiation of a County of Santa Clara loan, a City of San Jose loan, seller carry-back financing, a third party loan from a nonprofit corporation, a senior tax-exempt bond loan and low income housing tax credits.

Represented the developer in the acquisition and financing of a two-phase construction project on the island of Oahu, Hawaii, comprised of two mid-rise affordable and senior buildings, including over 300 residential units and separately condominiumized parking and commercial components. The project was financed, in part, by a Hawaii Housing Finance and Development Corporation Rental Housing Revolving Fund loan, senior tax-exempt bond financing and both federal and Hawaii state low income housing tax credit equity.

Represented the developer in the financing and construction of an affordable housing project on the island of Maui, Hawaii, which was financed in party by a HOME loan and Housing Trust Fund loan administered by the County of Maui, a Hawaii Housing Finance and Development Corporation Rental Housing Revolving Fund loan, a senior tax-exempt bond loan, County of Maui development credit subsidy, and both federal and Hawaii state low income housing tax credit equity.

Represented the developer in the construction and financing of a nearly 600-unit mixed-income workforce housing project in Reno, Nevada, financed in part with HOME loan funds administered by the Washoe County Home Consortium, a Low Income Housing Trust Fund loan administered by the City of Reno, a Growing Affordable Housing Program loan administered by the Nevada Housing Division, tax-exempt bond financing, and tax credit equity.

Represented the developer owner in the total return swap refinancing of tax-exempt and taxable bond loans totaling over $500,000,000, secured by six affordable and mixed-income projects in California and Nevada.

Represented the developer in the financing and construction of an affordable housing project on the island of Oahu, Hawaii, financed in part by tax-exempt multifamily housing bonds, low income housing tax credits, United States Department of Agriculture Rural Development loan funds, HOME loan funds, Hawaii Community Reinvestment Corporation loan funds, a Hawaii Housing Development and Finance Corporation Rental Housing Trust Fund loan, and a U.S. Department of Housing and Urban Development loan.

Publications &
Speaking Engagements

Speaking Engagements

Awards &
Affiliations

Professional Affiliations

  • California Council for Affordable Housing, Board of Directors

Bar and Court Admissions

  • State Bar of California

Education

  • J.D., University of California, Los Angeles School of Law, 2006, Senior Editor, UCLA Law Review
  • B.A., Harvard College, 1996, cum laude