Stephen Nolan’s practice focuses on affordable housing and community development, especially involving the federal Low-Income Housing Tax Credit, Historic Rehabilitation Tax Credit and the New Markets Tax Credit. He is one of a small number of attorneys nationally who are recognized as technical specialists in creating complex legal and financial structures for real estate developments using the New Markets Tax Credit program. Steve has represented numerous community development entities in closing more than forty New Markets Tax Credit financings for a broad range of projects, including health care facilities, youth centers, commercial facilities, theaters and performing arts centers, manufacturing plants, office and retail buildings, senior care facilities, community centers and mixed use projects.
Steve has handled numerous syndications of real estate limited partnerships and limited liability companies for both direct purchasers and syndicators of Low-Income Housing and Historic Tax Credits. He is experienced in representation of both developers and lenders in commercial and governmental mortgage loan transactions, including loan document drafting and negotiation, opinion writing and title matters. Steve has represented a syndicator in forming more than a dozen blind pools for investment in Low-Income Housing and Historic Tax Credit projects.
Prior to founding Nolan Sheehan Patten, Steve was a Partner at DLA Piper LLP (US) in Boston and at Hill & Barlow, P.C. in Boston. He also clerked for Chief Judge Levin Campbell of the United States Court of Appeals for the First Circuit.
- University of Michigan School of Law (J.D. magna cum laude 1983); Contributing Editor, University of Michigan Law Review
- Northwestern University (B.S. in Environmental Engineering with highest distinction 1980)
- Massachusetts (1984)
- First Circuit Court of Appeals (1984)
Community Service and Professional Activities -
- Board of Directors and Past President, Lawyers Clearinghousing for Affordable Housing and Homelessness
- Board of Directors, National Housing and Rehabilitation Association
- Pro Bono Counsel for Greater Boston Habitat for Humanity and Museum of African American History