Capital with purpose.
Counsel with precision.
We advise investors, CDEs, lenders, developers and mission-driven institutions on tax credit and community development transactions that strengthen communities and drive lasting impact.
& Dalton PLLC
Focused where finance, tax and community development meet.
Why Clients Choose FPCD
Deep Market Knowledge
Decades of experience at the intersection of tax credits, community development and structured finance.
Efficient Execution
Pragmatic strategy, disciplined process and senior lawyers who stay close to the deal.
Practical, Business-Minded Advice
Solutions calibrated to economics, risk and the realities of getting complex transactions closed.
Experienced counsel. Direct access.
Neil S. Faden
Co-FounderCommunity development finance, NMTCs, investment funds and tax-advantaged capital.
Sameer V. Patel
Co-FounderTax credit finance, institutional investors, lenders and sophisticated community development transactions.
Megan A. Christensen
Co-FounderFederal income tax, partnerships, nonprofits and tax credit structuring.
John Dalton
PartnerTax credit transactions, energy tax equity and post-closing asset management.
Built around the full transaction lifecycle.
NMTC Financings
Investor, CDE, leverage lender and project-level counsel across single- and multi-investor structures.
Layered Tax Credit Deals
Transactions combining NMTC, LIHTC, HTC, energy incentives, grants, public funding and conventional debt.
Asset Management & Exits
Compliance, amendments, workouts, refinancings, unwinds and end-of-compliance-period planning.