Craig Emden is a transactional tax attorney and a founding partner in Bocarsly Emden.
His practice focuses on the structuring and closing of low-income housing tax credit transactions. He represents syndicators and developers of projects using the low-income housing tax credit, with significant experience in nonprofit and Native American sponsored transactions. He coordinates all aspects of low-income housing tax credit transactions including advice on tax, nonprofit, corporate and real estate issues. He also has extensive experience in historic rehabilitation tax credit transactions, IRS rulings and audits and tax planning. In addition, Craig has substantial experience in corporate and real estate acquisitions, including nonprofit sponsored loan funds established to provide funding for affordable housing and transit oriented development.
Craig has been practicing law for over 35 years and has been involved in low-income housing tax credit transactions since the inception of the program in 1986. He has been involved in thousands of low-income housing tax credit transactions.
Craig is a member of the District of Columbia and Maryland Bars. He was a member of the governing committee of the ABA Forum on Affordable Housing and Community Development from 2001 until 2010 and was Chair of the Forum in 2008-09. He was a member of the Advisory Board of The Housing and Development Reporter.
Craig is the co-author of “Section 704(b) Regulations and Tax Credit Transactions: Structuring Low-Income Housing Tax Credit Transactions to Avoid Reallocations of Tax Credits and Losses,” Journal of Affordable Housing, Summer 2002, “IRS Rulings May Significantly Reduce Eligible Basis in Tax Credit Transactions,” Journal of Affordable Housing and Community Development Law, Winter 2001, “The Low-Income Housing Credit Provides Shelter from the Cold and Taxes,” Journal of Taxation of Investments, Winter 1995, and is the author of “Current Decision, Redding v. Commissioner,” George Washington University Law Review, November 1979.
Craig was formerly a partner with Venable, Tucker Flyer, and Ginsburg, Feldman and Bress, all in Washington, D.C.
Craig received his Bachelor of Science degree in Business from Miami University (Ohio) in 1977, his Juris Doctor degree from George Washington University National Law Center, where he was on the Law Review, in 1980, and his Master of Laws in Taxation from Georgetown University in 1984.