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Elizabeth Rippy Bowes

Partner
Assistant
Patsy Niles512.542.2111
Elizabeth represents issuers and underwriters in public offerings of tax-exempt bonds. She has experience representing both state and local issuers in conduit financings with an emphasis in single and multi-family housing.
Representative Matters
Served as underwriter’s counsel in the issuance of $3 billion of tax-exempt gas supply revenue bonds.
During past five years represented multiple issuers as bond counsel in approximately 100 multifamily affordable apartment tax-exempt bond financings including publicly offered and privately placed debt with various financing structures.
Assisted bond purchaser in acquisition of 501(c)(3) multifamily bond portfolio financing acquisition of multiple properties in Texas, California, Arizona, and Georgia.
Represented various clients in development of mortgage credit certificate programs.
Assisted clients in multiple defaulted housing bond workouts, including restructurings of tax-exempt debt and asset sales to retire debt.
Publications and Speeches
National Association of Bond Lawyers, Multifamily Housing and Single Family Housing (panel chair).
"Board Member Training and Development," Texas Association of Local Housing Finance Authorities Annual Conference (panelist).
"Lining Up the Players," Conference on Bond Financing for Affordable Housing Southwestern U.S. sponsored by Reznick Fedder & Silverman (panelist).
Texas Association of Affordable Housing Providers, Texas Housing Conference, 2008 (panelist).
Education
J.D., cum laude, The University of Texas School of Law, 1989
B.A., summa cum laude, Transylvania University in Lexington, Kentucky, 1984
Bar Admissions
Texas
Affiliations
National Association of Bond Lawyers
Austin Bar Association
Noteworthy
Best Lawyers, 2006-2012
Fellow, American College of Bond Counsel, 2007-2012