Public Finance - Housing

Results achieved in prior matters are not meant to be a guarantee of success as the facts and legal circumstances vary from matter to matter.

Since 2013, Wilentz, Goldman & Spitzer, P.A. has served as underwriter’s counsel in connection with the issuance by the New Jersey Housing and Mortgage Finance Agency of its Multi-Family Housing Revenue Bonds, 2013 Series 1-7, its Multi-Family Revenue Bonds, 2015 Series A-F, and its Multi-Family Revenue Bonds, 2017 Series A-D. The proceeds of those bond issues were used by the Agency to provide or refinance various short-term construction and/or long-term permanent mortgage loans to numerous multi-family housing projects located throughout the State of New Jersey.

Representative Transaction

Prudential Arena

In February of 2007, we served as bond counsel to the Housing Authority of the City of Newark related to the issuance of $168,320,000 Port Authority-Port Newark Marine Terminal Additional Rent-Backed Refunding Bonds, Series 2007 (City of Newark Redevelopment Projects) (“2007 Refunding Bonds”) to advance refund the outstanding Port Authority-Port Newark Marine Terminal Additional Rent-Backed Bonds, Series 2004 (City of Newark Redevelopment Projects), originally issued in June of 2004 in the amount of $270,000,000, which bonds financed the construction of the Prudential Arena. Additionally, we served as bond counsel to the Housing Authority of the City of Newark in the issuance of $57,240,000 Port Authority-Port Newark Marine Terminal Additional Rent-Backed Refunding Bonds, Series 2017 (City of Newark Redevelopment Projects) to currently refund the 2007 Refunding Bonds in the amount of $58,165,000.

Contacts

Everett M. Johnson Photo

Everett M. Johnson
Co-Chair, Public Finance Team and the firm's Diversity Committee
Shareholder
732.855.6149

Charles Anthony Solimine Photo

Charles Anthony Solimine
Co-Chair, Public Finance Team
Shareholder
732.855.6430