Faust Bowerman is a member of the Business Law Department as Of Counsel, focusing exclusively on federal income tax matters related to public finance. With a specialized practice, Faust provides legal counsel on a wide array of issues involving tax-exempt governmental bonds, tax-exempt qualified private activity bonds, arbitrage rebate and yield restriction, and tax-exempt bond controversy matters.

Faust’s practice is dedicated to federal income tax matters within the public finance space, offering strategic guidance on complex tax structuring and compliance matters. He regularly assists clients with development of tax policies and procedures, post-issuance tax-exempt bond compliance, IRS private letter ruling requests, and tax-exempt bond controversy matters, including representing clients in IRS examinations and negotiating voluntary closing agreements.

His expertise extends to a wide range of tax-exempt financings and public finance projects, including multifamily and single-family housing finance, governmental and qualified private activity bonds, tax-credit bonds, and arbitrage consulting and compliance. Faust has provided counsel to governmental issuers, 501(c)(3) tax-exempt organizations, and private sector clients, including lenders, borrowers, developers, and investors, on financing transactions involving pool bond issues, qualified hedges, securitizations, volume cap recycling, and loan programs, including recycling and participations. He has also advised on project and program financing for diverse sectors, including housing projects, educational facilities, cultural facilities, healthcare facilities, transportation and utility infrastructure, and mixed-use developments.

With a client-centric approach and a deep understanding of the federal income tax code and regulations governing tax-exempt bonds, Faust helps clients navigate the complex and evolving landscape of tax-exempt public finance, while delivering tailored solutions that support his clients’ financial and strategic objectives.