Jeremiah Thomas assists businesses and real estate development companies in identifying, considering, earning and negotiating strategic tax and economic development incentives that support their goals. His vast knowledge of available options on the federal, state and community levels often gives his clients the advantage they need to remain viable and competitive in the market.
With a keen eye toward statewide economic development activities (including those undertaken by local governments), Jeremiah is known for his ability to constructively collaborate with the government agencies and representatives that are responsible for administering such programs. He also works with community organizations that provide additional funding for these types of ventures. Jeremiah represented developers and commercial businesses in finance or port authority-facilitated financing transactions involving approximately 15 different series of bonds between October of 2015 and April of 2016 alone.
Jeremiah’s practical experience includes:
- Public financing sources: He works with private developers and public entities to leverage various economic development tools to finance projects statewide, including financing arrangements that involve low income housing tax credits, new market tax credits, historic tax credits, bond financing, Tax Increment Financing (TIF), Joint Economic Development District (JEDD) revenues, New Community Authority (NCA) assessments, Special Improvement District (SID) assessments, and Enterprise Zone (EZ) abatements.
- Economic incentives: He works with local and state agencies and economic development entities to identify and negotiate incentive packages for new and growing businesses and investments throughout the state.
- Incentive-driven site selection strategy: He advises clients on early-stage planning and negotiation with local and regional authorities for tax credits, public funding and other incentives.
- Tax structuring: He identifies optimal structures to execute business strategies in the most cost-effective way.
- Grant application, negotiation and compliance: He represents organizations in applying for and implementing both privately and publicly sourced grant funds.
Jeremiah is also called upon to advise public entities on issues relating to economic development and growth strategies. These engagements include port authorities, community improvement corporations and development services agencies, among others.