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Hollie A. Croft

Hollie A. Croft

Partner

390 North Orange Avenue
Suite 1400
Orlando, FL 32801
T 407.669.4239
F 407.425.8377
hollie.croft@nelsonmullins.com
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As leader of the firm’s affordable housing practice, Hollie represents for-profit and nonprofit developers in the development, acquisition, construction, rehabilitation, operation, and sale of affordable multifamily housing for families and seniors throughout the United States and Puerto Rico, utilizing a wide range of federal, state and local affordable housing programs. She also represents developers in market...

As leader of the firm’s affordable housing practice, Hollie represents for-profit and nonprofit developers in the development, acquisition, construction, rehabilitation, operation, and sale of affordable multifamily housing for families and seniors throughout the United States and Puerto Rico, utilizing a wide range of federal, state and local affordable housing programs. She also represents developers in market rate transactions. Hollie was selected for Connect CRE's 2021 Lawyers in Real Estate Award and currently serves as assistant corporate leader for the firm. 

Hollie A. Croft

rate transactions. Hollie was selected for Connect CRE's 2021 Lawyers in Real Estate Award and currently serves as assistant corporate leader for the firm. 

Experience

Following is a selected sampling of matters and is provided for informational purposes only. Past success does not indicate the likelihood of success in any future matter.

Experience

Ms. Croft has significant transactional experience representing clients in affordable housing, including:

  • Low Income Housing Tax Credit (LIHTC) applications, structuring and equity investments
  • Tax–exempt and taxable bonds
  • HUD and FHA insured programs and subsidies (including 221(d)(4), 223(f), 232, 202, 236, 811, Section 8, VASH, RAD, LIPHRA, ELIPRHA) and assignments, modifications, renewals, transfers of physical assets (TPA), and modified transfers of physical assets
  • Joint ventures, including public/private partnerships, nonprofit/for profit partnerships, and preservation funds
  • Conventional predevelopment, construction and permanent financing
  • Federal, state and local loan and subsidy programs (including HOME, CDBG, NSP, SAIL, ELI, SHIP, AHP, and numerous other programs)
  • Year 15 dispositions of LIHTC properties (including property sales and equity investor exits)
  • Portfolio sales of LIHTC and other affordable housing properties
  • Loan defaults and workouts

Representative transactions include:

  • Representation of a national real estate and management company in the $315 million HUD financing for the company’s Florida apartment portfolio.
  • Representation of a nonprofit organization that provides safe and affordable housing for individuals with special needs, involving 9% low income housing tax credits, tax credit equity, a conventional construction loan, SAIL and SAIL ELI loan and grant funds, and AHP funds.
Following is a selected sampling of matters and is provided for informational purposes only. Past success does not indicate the likelihood of success in any future matter.

Experience

Ms. Croft has significant transactional experience representing clients in affordable housing, including:

  • Low Income Housing Tax Credit (LIHTC) applications, structuring and equity investments
  • Tax–exempt and taxable bonds
  • HUD and FHA insured programs and subsidies (including 221(d)(4), 223(f), 232, 202, 236, 811, Section 8, VASH, RAD, LIPHRA, ELIPRHA) and assignments, modifications, renewals, transfers of physical assets (TPA), and modified transfers of physical assets
  • Joint ventures, including public/private partnerships, nonprofit/for profit partnerships, and preservation funds
  • Conventional predevelopment, construction and permanent financing
  • Federal, state and local loan and subsidy programs (including HOME, CDBG, NSP, SAIL, ELI, SHIP, AHP, and numerous other programs)
  • Year 15 dispositions of LIHTC properties (including property sales and equity investor exits)
  • Portfolio sales of LIHTC and other affordable housing properties
  • Loan defaults and workouts

Representative transactions include:

  • Representation of a national real estate and management company in the $315 million HUD financing for the company’s Florida apartment portfolio.
  • Representation of a nonprofit organization that provides safe and affordable housing for individuals with special needs, involving 9% low income housing tax credits, tax credit equity, a conventional construction loan, SAIL and SAIL ELI loan and grant funds, and AHP funds.

Media

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Recognitions

The bar rules of some states require that the standards for an attorney's inclusion in certain public accolades or recognitions be provided. When such accolades or recognitions are listed, a hyperlink is provided that leads to a description of the respective selection methodology.

Professional Activities

  • Member, American Bar Association & Forum Committee on Affordable Housing and Community Development Law; Committee Member, HUD and HUD Programs &Tax Credits and Equity Financing
  • Member, Orange County Bar Association
  • Secretary, Director, Executive Committee Member, Coalition of Affordable Housing Providers, Inc.
  • Past Member (appointed by the Florida Speaker of the House), Florida Legislature’s 2017 Affordable Housing Workgroup 

Community

  • Member, Board of Directors, United Against Poverty Orlando 
  • Past Chair, Orlando Advisory Board, Best Buddies Florida
  • Member, CREW Orlando

As leader of the firm’s affordable housing practice, Hollie represents for-profit and nonprofit developers in the development, acquisition, construction, rehabilitation, operation, and sale of affordable multifamily housing for families and seniors throughout the United States and Puerto Rico, utilizing a wide range of federal, state and local affordable housing programs. She also represents developers in market... rate transactions. Hollie was selected for Connect CRE's 2021 Lawyers in Real Estate Award and currently serves as assistant corporate leader for the firm. 

Experience

Following is a selected sampling of matters and is provided for informational purposes only. Past success does not indicate the likelihood of success in any future matter.

Experience

Ms. Croft has significant transactional experience representing clients in affordable housing, including:

  • Low Income Housing Tax Credit (LIHTC) applications, structuring and equity investments
  • Tax–exempt and taxable bonds
  • HUD and FHA insured programs and subsidies (including 221(d)(4), 223(f), 232, 202, 236, 811, Section 8, VASH, RAD, LIPHRA, ELIPRHA) and assignments, modifications, renewals, transfers of physical assets (TPA), and modified transfers of physical assets
  • Joint ventures, including public/private partnerships, nonprofit/for profit partnerships, and preservation funds
  • Conventional predevelopment, construction and permanent financing
  • Federal, state and local loan and subsidy programs (including HOME, CDBG, NSP, SAIL, ELI, SHIP, AHP, and numerous other programs)
  • Year 15 dispositions of LIHTC properties (including property sales and equity investor exits)
  • Portfolio sales of LIHTC and other affordable housing properties
  • Loan defaults and workouts

Representative transactions include:

  • Representation of a national real estate and management company in the $315 million HUD financing for the company’s Florida apartment portfolio.
  • Representation of a nonprofit organization that provides safe and affordable housing for individuals with special needs, involving 9% low income housing tax credits, tax credit equity, a conventional construction loan, SAIL and SAIL ELI loan and grant funds, and AHP funds.

Education

  • University of Florida Levin College of Law, JD, honors (2004)
  • University of Florida, Warrington College of Business, MS, Finance (2004)
  • University of Florida, Warrington College of Business, BSBA, Business Administration (2001)

Admissions

  • Florida

Practice Areas

Industries

The bar rules of some states require that the standards for an attorney's inclusion in certain public accolades or recognitions be provided. When such accolades or recognitions are listed, a hyperlink is provided that leads to a description of the respective selection methodology.

  • Member, American Bar Association & Forum Committee on Affordable Housing and Community Development Law; Committee Member, HUD and HUD Programs &Tax Credits and Equity Financing
  • Member, Orange County Bar Association
  • Secretary, Director, Executive Committee Member, Coalition of Affordable Housing Providers, Inc.
  • Past Member (appointed by the Florida Speaker of the House), Florida Legislature’s 2017 Affordable Housing Workgroup 
  • Member, Board of Directors, United Against Poverty Orlando 
  • Past Chair, Orlando Advisory Board, Best Buddies Florida
  • Member, CREW Orlando
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