Attorneys Gregory A. Chakmakas

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shareholder | Manchester, NH

Greg’s practice focuses on representing owners in the development, production and preservation of affordable housing with an emphasis on the low-income housing tax credit program.

He has represented developers, nonprofits and housing authorities on projects involving low-income housing tax credits, tax-exempt bond financing, public housing funding, Section 8 assistance and other funding sources.

Key Cases

  • Represented a joint venture between an affordable housing developer and a public housing agency to create 216 new units for residential housing utilizing a 9-4 twinned structure, tax-exempt bond financing and other funding sources.
  • Represented a public housing authority in the preservation and rehabilitation of 169 units of affordable housing utilizing the Rental Assistance Determination program, low income housing tax credits and tax-exempt bond financing.
  • Represented a nonprofit affordable housing developer in the resyndication of several former tax credit projects into a 101 unit affordable housing project.
  • Represented an affordable housing developer in a multi-phased project resulting in the new construction of 74 residential housing units financed with tax credits and debt financing.
  • Represented an affordable housing developer in the acquisition and rehabilitation of 41 units of affordable housing utilizing the Section 515 direct loan program and the Section 568 Multi-Family Housing Guarantee program.

Admissions

  • State of New Hampshire
  • Commonwealth of Virginia
  • United States District Court for the Eastern District of Virginia

Civic Involvement

  • Manchester Regional Board, Waypoint (formerly Child and Family Services)
  • Leadership Greater Manchester Graduate

Awards

  • New England Real Estate Journal, 2022 Ones to Watch

Attorneys Sue Manchester, Greg Chakmakas and Ken Viscarello attend a ribbon cutting ceremony with our client, NeighborWorks Southern NH, to celebrate the completion of Whittemore Place Phase II, an affordable housing complex in Londonderry.

Read more about the $7.1 million project.