Douglas C. Blomgren

Shareholder

Practice Group(s): Affordable Housing

Education & Credentials
J.D., University of Chicago, 1977
B.A., University of Nebraska, 1974

Bar Admissions
Oregon
Minnesota

Doug Blomgren is a founding shareholder of the firm. Prior to forming the new firm, Doug was a partner with Preston Gates & Ellis LLP for seventeen years, including four as managing partner of the Portland office. He advises partnerships, limited liability companies, financial institutions, business corporations and non-profit corporations in a wide variety of matters. A principal focus of his practice is on advising investors, lenders, owners, developers, community development entities and government agencies active in affordable housing and community development. He regularly advises clients on the federal Low Income Housing Tax Credit, the New Markets Tax Credit, the Historic Rehabilitation Tax Credit, federal housing programs and Fair Housing Act compliance. He has been counsel to participants in scores of transactions involving the acquisition, rehabilitation, development and ownership of housing, historic buildings and community investments.

Within the community, Doug serves as a member of the board of directors of a non-profit housing development corporation. He has previously served as a trustee of the Library Foundation of Portland and as a member of the Portland Development Commission and the Housing and Community Development Commission.

REPRESENTATIVE CLIENTS

• Wells Fargo Community Investment Holdings
• Homestead Equity Funds
• Housing Authority and Community Services Agency of Lane County
• Metropolitan Affordable Housing Corporation
• Community Partners for Affordable Housing, Inc.
• Catholic Charities of Oregon
• Innovative Housing, Inc.
• Chrisman Development and Management
• Nurture Development
• Northwest Oregon Housing Authority
• Housing Authority of Lincoln County

REPRESENTATIVE TRANSACTIONS

• Homestead Equity Funds Limited Partnership offerings.
• LIHTC and NMTC Investments by Wells Fargo Community Investment Holdings.
• Resource Access Center. Housing Tax Credit development, Portland, Oregon.
• Liberty Citywalk. Housing Tax Credit development, Salt Lake City, Utah.
• Town & Country Foods. New Markets Tax Credit development, Bozeman, Montana.
• Historic Sears Building. New Markets Tax Credit and Historic Tax Credit rehabilitation development, Butte, Montana.
• Pearl Family Apartments, Housing Tax Credit, bond financed development. Portland, Oregon.
• Sitka Apartments. Housing Tax Credit, bond financed development. Portland, Oregon.
• LCSNW Office Building. New Markets Tax Credit investment, SeaTac, Washington.
• Seattle Children's Hospital Research Institute. New Markets Tax Credit investment, Seattle Washington.
• Esquire Calumet Hotel. Historic Tax Credit rehabilitation. Portland, Oregon.
• Mountain Laurel Lodge. Housing Tax Credit development. Bend, Oregon.
• Belltown Senior Apartments. Housing Tax Credit, mixed-use development. Seattle, Washington.
• Fairways Apartments. Housing Tax Credit, bond financed development. Boulder, Colorado.
• Martin Luther King Village. Housing Tax Credit, bond financed development. Sacramento, California.
• The Watershed at Hillsdale: Housing Tax Credit, condominium development. Portland, Oregon.
• WestTown on 8th. Housing Tax Credit, bond financed development. Eugene, Oregon.
• Village at the Headwaters. Housing Tax Credit development. Portland, Oregon.
• Belmont Dairy. Housing Tax Credit, mixed-income, mixed-use development. Portland, Oregon.
• Clay Tower Apartments. Housing Tax Credit, bond financed acquisition, rehabilitation. Portland, Oregon.