Nicolo Pinoli is a partner in the Portland, Ore., office of Novogradac & Company LLP, where he specializes in affordable housing and community development, including the low-income housing tax credit (LIHTC), new markets tax credit (NMTC), historic rehabilitation tax credit (HTC) and tax-exempt bond financed transactions. Mr. Pinoli has extensive experience in financial statement audits, tax return preparation, transaction underwriting and consulting on transaction structuring and LIHTC and NMTC compliance. He has published many articles on various technical issues confronting the affordable housing and community development industries. Mr. Pinoli received a bachelor’s degree in accounting and a master’s degree in professional accounting from Brigham Young University and is licensed in California, Oregon and Washington as a certified public accountant.

Elizabeth Feldmeir is a member of Husch Blackwell’s Financial Services industry team and has an advanced degree in taxation. She has extensive experience in tax and structuring issues involving new markets tax credits (NMTCs), federal and state historic rehabilitation tax credits (HTCs), federal and state low-income housing tax credits (LIHTCs), Brownfield tax credits and affordable housing assistance program (AHAP) tax credits. Ms. Feldmeir counsels lenders and borrowers on real estate, construction, cash flow and asset-based loan transactions. She advises clients during the acquisition, development, sale and leasing of commercial and multifamily residential property. In addition, Ms. Feldmeir regularly speaks nationally on NMTCs, rehabilitation and Brownfield tax credits.

Mark D. Foster is an attorney who has been practicing in Dallas for 30 years. Since the early 1990s, his practice has primarily involved tax credit transactions. He has closed more than 500 low-income housing tax credit (LIHTC), historic rehabilitation tax credit (HTC), solar investment tax credit (ITC) and new markets tax credit (NMTC) transactions. Mr. Foster represents 12 multi-investor tax credit funds and has represented developers, lenders and investors in low-income housing transactions in 37 states. Mr. Foster represents two of the largest nonprofit and for-profit community development entities and has closed more than 200 NMTC transactions involving more than $2 billion in qualified equity investments. He also represents both developers and investors in HTC transactions and renewable energy tax credit (RETC) transactions. Although Mr. Foster represents all types of entities, the majority of his clients are nonprofit corporations. During the early years of his practice in the mid-1980s, Mr. Foster represented several of the Dallas banks in their real estate and commercial loans (both documentation and workouts) and currently represents lenders on specialized transactions. Mr. Foster obtained a bachelor’s degree in accounting from the University of Texas at Austin, a juris doctor from Baylor University School of Law and a master’s degree from Southern Methodist University School of Law. While obtaining his master’s in taxation, Mr. Foster worked in the Office of Chief Counsel at the Internal Revenue Service (IRS).

Michael Sanders is the lead partner of Blank Rome LLP’s Washington, D.C., office's tax group. He focuses his practice in the area of taxation, offering particular knowledge in matters affecting partnerships, limited liability companies, S-corporations, real estate and tax controversy. He also has a large practice in the area of exempt organizations involving health care and low-income housing, associations and joint ventures between for-profits and nonprofits, as well as structuring new markets tax credit (NMTC) transactions. He regularly serves as an expert witness in complex litigation. Mr. Sanders was named by the Washington Business Journal as one of the "City's Top Ten Lawyers" and the "City's Top Tax Lawyer" in 2004. Additionally, he was presented the Israel Bonds Legal and Financial Division's Light of Jerusalem Award in November 2005. In 2007, he was selected from a field of the nation's leading lawyers and judges as a finalist for the Lawdragon 500, based on his impact on the biggest issues and deals in the law. He was also recognized by Washingtonian magazine as "One of Washington's Top Lawyers" for 2007 and 2008. Mr. Sanders is the author of Joint Ventures Involving Tax-Exempt Organizations (3rd Ed., 2007; 4th Ed., 2013) published by John Wiley & Sons Inc. He is also an adjunct professor at George Washington University Law Center and Georgetown University Law School teaching income taxation of partnerships and subchapter S corporations and tax treatment of charities and other nonprofit organizations, joint ventures involving tax-exempt organizations (including health care, universities, low-income housing tax credit (LIHTC), new markets tax credit (NMTC), conservation organizations, respectively. Previously, Mr. Sanders served as an attorney-advisor to the assistant secretary of tax policy at the Office of Tax Legislative Counsel and as a trial attorney at the U.S. Department of Justice (Attorney General's Honors Program). Mr. Sanders was recently honored in 2010 by The George Washington University School of Law for his 35 years of teaching at the law school.