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Jeffrey A. Bomberger
Counsel
Jeff Bomberger practices primarily in complex structured public-private real estate development finance transactions and other economic and community development efforts. For the last 30 years, he has been a leading authority on Ohio port authorities, often representing them in transformational development finance projects and programs, including the first structured lease financings by Ohio port authorities, creation and development of common bond fund programs to provide credit support for economic development financing, legislative efforts to enhance the capabilities of Ohio port authorities to support development projects, and developing other innovative structured financings or programs.
Jeff serves as bond counsel, general counsel and special counsel to Ohio port authorities, and as bond and special counsel to other governmental bodies and companies, in structuring and implementing financings for real estate and other multi-party development transactions, including cooperative tax increment and special assessment financings, capital and operating lease financings, new markets and historic tax credit financing, PACE financing, and financings involving unique structured public credit support and other features.
Jeff is currently co-leader of the Community & Economic Development team within the firm’s Public & Infrastructure Finance Practice Group, has been a member of the National Association of Bond Lawyers, has been listed in The Best Lawyers in America each year since 2006 and, for 2020, was identified by The Best Lawyers in America as the “Lawyer of the Year” for Public Finance in Cleveland.
- Serving as bond counsel to Ohio port authority in structuring for multiple tax increment revenue bond financings for 100-acre US$500 million mixed-use sell-for-development to be implemented over a decade, with initial tranche/development closed in 2019.
- Serving as bond counsel to Ohio port authority in structuring capital lease and common bond fund tax increment revenue bond financings for historic downtown property, with federal and state historic tax credits, related bridge loans, state and local loans, conservation easement, community reinvestment area exemption and other features.
- Serving as special counsel to Ohio public landowner and overlapping port authority in structuring complex real estate and financing transactions to permit US$500 million mixed-use development to be anchored by multiple sports and entertainment venues.
- Serving as special counsel to Ohio port authority in structuring unique development programs, including (i) first-in-the-nation urban neighborhood business district revolving loan fund in collaboration with major foundation, (ii) unique public “patient-capital” real estate investment fund to permit acquisition, assembly and repositioning of under-utilized sites for advanced manufacturing, (iii) single-family home financing program with down payment assistance and (iv) collaboration with a local foundation to establish an urban housing revitalization revolving loan fund.
- Serving as bond counsel to Ohio port authority in structuring capital lease revenue bond financing and related real estate and construction arrangements for US$420 million expansion of business campus to address needs of major SW Ohio company.
- Serving as special counsel to Ohio port authority in structuring an “alternative stormwater infrastructure” loan supported by tax increment financing payments in support of retail redevelopment.
- Serving as bond counsel to major central Ohio company in structuring port authority capital lease revenue bond financing and related real estate and construction arrangements for US$230 million (first phase) headquarters and distribution facility.
- Serving as bond counsel to Ohio port authority in developing and implementing structure for US$75 million tax-exempt off-balance sheet financing for headquarters building serving as the anchor development for US$400 million downtown redevelopment.
- Serving as special counsel to Ohio port authority in developing tax-exempt non-AMT public gap financing option for public-private partnership developing US$300 million transportation asset.
- Serving as bond and special counsel to private-sector program manager in developing ideas for and drafting state legislation, regulations, procedures, contracts and forms for and otherwise structuring unique state tax credit based enhancement for port authority revenue bonds issued to capitalize public venture capital investment fund.
- Serving as bond and special counsel to Ohio port authority in structuring real estate and financing transactions for a decade in support of US$300 million anchor downtown development.
Education
- University of Pennsylvania, J.D., cum laude, 1984
- Lebanon Valley College, B.S., magna cum laude, 1978
Admissions
- Ohio, 1986
- Pennsylvania, 1985
- Delaware (inactive), 1984
Courts
- U.S. Dist. Ct., N. Dist. of Ohio
- U.S. Dist. Ct., Dist. of Delaware
- Listed in The Best Lawyers in America 2023, an honor based on an exhaustive peer-review process
- Named The Best Lawyers in America 2020 Lawyer of the Year for Public Finance Law in Cleveland