Public Finance

Breadth, depth and quality.

The members of HCMP’s Public Finance group have decades of combined experience assisting clients in every facet of public finance transactions. Regardless of your role in the financing, or the particular financing structure you are pursuing, our dedicated team of public finance professionals can help bring your transaction to a successful closing.

Bond Counsel

HCMP attorneys serve as bond counsel for all manner of governmental issuers of tax-exempt bonds, taxable and tax credit bonds, and “63-20” bonds, including state governments and their agencies, counties, cities, school districts, libraries, special purpose districts and Indian tribes. Over the years, we have developed particular proficiency in revenue bond financings for nonprofit health care facilities, retirement communities, educational and cultural institutions, and other charitable organizations.

As your bond counsel, we recognize that issuing bonds is no small undertaking, and that the resulting debt will constitute a significant obligation for several years to come. You can count on us to deliver documents that fit your deal—not just marked-up forms we pulled off the shelf. We understand the myriad of rules and regulations applicable to tax-advantaged borrowing, and we will tailor the transaction documents to the needs and goals of your specific bond financing.

Borrower's Counsel

Our public finance group offers a robust borrower’s counsel practice, serving a wide variety of nonprofit and for profit organizations. Having successfully represented borrowers from diverse sectors such as health care, education, housing, retirement communities, manufacturing, and agriculture, we have the experience to represent you regardless of your line of business.

Our borrower’s counsel team represents its clients with unparalleled depth of experience, offering not only a deep understanding of tax-advantaged bond and tax credit financings, but also substantial nonprofit and for profit entity formation and governance experience, as well as access to HCMP’s renowned real estate and land use team. As your borrower’s counsel, we will work side by side with you to make sure your interests are being protected and that you are prepared for any ongoing obligations under applicable tax and securities laws.

Underwriter and Disclosure Counsel

HCMP attorneys have served as underwriter and disclosure counsel for numerous public offerings of municipal securities, particularly in connection with local government bond and nonprofit conduit revenue bond financings.

We offer a strong federal and state securities law practice, particularly in the critical areas of primary and secondary market disclosures. Whether serving as underwriter or disclosure counsel, we will work with you to make sure that any prepared offering document contains a full discussion of the required material information, yet remains readable and accessible to market participants. To ensure your interests are proficiently and efficiently represented, we work hard to stay current on the ever-changing landscape of securities and disclosure regulations applicable to the public finance market.

Bank Counsel

HCMP attorneys have represented lenders in a wide variety of tax-exempt, taxable and tax credit bond financings. We have helped our lender clients structure and close bond financings with virtually all types of governmental entities and nonprofit organizations, including those involving tax-exempt governmental bonds, tax-exempt 501(c)(3) bonds, New Markets Tax Credits and low-income housing credits.

Representative Clients:

• B.C. Ziegler & Company
• The Bush School
• City of Fife, Washington
• D.A. Davidson & Co.
• Eastside Catholic School
• Goodwill of the Olympics and Rainier Region
• Horizon House
• Jefferson County Library
• King County, Washington
• King County Fire Protection District No. 50
• King County Library System
• Kline Galland Center
• Lake Stevens Sewer District
• Montana Facility Finance Authority
• Oregon Facilities Authority
• Open Window School
• Pacific Lutheran University
• Pierce County Library System
• Pioneer Human Services
• Piper Jaffray & Co.
• Presbyterian Retirement Communities Northwest
• Riverview Retirement Communities
• Rogue Valley Manor
• SeaMar Community Health Center
• Seattle Country Day School
• Seattle Goodwill Industries
• Seattle Preparatory School
• Snohomish County, Washington
• Sno-Isle Libraries
• Thurston County Fire Protection District No. 1
• Thurston County Fire Protection District No. 6
• Thurston County Fire Protection District No. 11
• Villa Academy
• Washington Health Care Facilities Authority
• Whatcom County Library System
• Yakima Valley Farm Workers Clinic
• Yakima Valley Memorial Hospital

The following examples showcase our Experience at Work for various clients:

Facilitating Financing for Public-Private Partnership Project

Real Estate & Corporate Financing for Senior Living Communities

Tax-Exempt Financing Transaction for Retirement Community

HCMP's Public Finance law practice is also consistently ranked a top national and Seattle metropolitan practice by U.S. News-Best Lawyers® Best Law Firms.