Jerome L. Garciano
Senior Counsel
jgarciano@akingump.com
Areas of Focus
- Projects & Energy Transition
- Energy & Infrastructure
- Renewable Energy
- Tax Structuring & Equity Financing
- Project Debt & Equity Finance
- Real Estate Transactions
- Project Development
- Infrastructure & Transportation
- Corporate & Finance
- Climate Change
- Environmental, Social & Governance (ESG)
Biography
- Focuses on renewable energy project finance and Inflation Reduction Act energy tax incentives.
- Skilled transactional tax credit attorney and CPA.
- Deep and diverse experience in community and economic development tax credit finance.
Jerome Garciano represents lenders, equity investors and developers in renewable energy and real estate project tax credit financing.
Prior to joining Akin, Jerome’s transactional practice also focused on affordable housing and community development tax credit finance. As a LEED accredited professional with background in design and construction, Jerome is nationally recognized as an expert on tax incentives for clean energy and green building and infrastructure. Before practicing law, Jerome was a project finance manager on low-income housing finance transactions for a national nonprofit real estate developer specializing in community revitalization.
Representative Work
Clean Energy Project Finance
- Served as tax credit fund investor’s counsel on solar farm investment tax credit (ITC) Section 6418 transferability transaction.
- Assisted an insurance company investor on a series of Section 48 partnership flip investment tax credit wind energy projects in Rhode Island.
- Represented regional green bank as lender’s counsel in solar project construction financing transaction incorporating REC subsidies.
- Advised regional non-profit housing developer solar on the competitive Section 48(e) ITC environmental justice bonus application process and Section 6417 elective pay cash refund structuring.
- Counseled regional community solar developer’s PPA financing, Section 6417 elective pay cash refund structuring and low-income communities ITC bonus application.
EducationJ.D., Suffolk University Law School, 2008
M.P.P., Harvard University, 2001
B.A., Cornell University, 1998
J.D., Suffolk University Law School, 2008
M.P.P., Harvard University, 2001
B.A., Cornell University, 1998
Bar AdmissionsMassachusetts
Massachusetts
Affiliations and Public Service
- American Bar Association, Member
- American Institute of Architects (AIA), Member
- American Institute of Certified Public Accountants (AICPA), Member
- Boston Bar Association (BBA), Member
- Boston Society for Architecture (BSA), Member
- Board Member, National Housing and Rehabilitation Association
- Board Member, Neighbor to Neighbor, Inc.
- U.S. Green Building Council LEED A.P. Accredited Professional
Speeches and Publications
- Panelist, “Incentivizing an Energy Revolution: What the Inflation Reduction Act has Accomplished, Microgrid IRA Case Studies, and Future Outlook,” Microgrid Knowledge (MGK) Conference, April 2024.
- Panelist, “Inflation Reduction Act: New Federal Dollars for Healthy, Cost-Effective, Resilient Schools,” National Grid Sustainability HUB, April 2024.
- Speaker, “Designer’s Introduction to the Inflation Reduction Act,” Boston Society for Architecture, March 2024.
- Panelist, “Section 45L and Inflation Reduction Act’s Green Incentives,” NJCPA Federal Tax Interest Group, November 2023.
- Guest, (Death) and Taxes (credits)…, Political Shadings Podcast, November 2023.
- Panelist, “Section 48C Advanced Energy Manufacturing Tax Credit,” BRAYN Roundtable, July 2023.
- Panelist, Department of Energy CHP Technical Assistance Partnership – Tax Incentives for CHP Projects in the Inflation Reduction Act,” June 2023.
- Panelist, “Tax Incentives for Microgrid in the Inflation Reduction Act,” Microgrid Knowledge (MGK) Conference 2023 Keynote Session, May 2023.
- Speaker, “IRA and Affordable Housing,” Novogradac 2023 Affordable Housing Developers Conference, January 11, 2023.
- Panelist, “Making Cents of Incentives,” Built Environment Plus Webinar, December 2022.
- Moderator, “Harmonization of LIHTC and Solar Credit from the Inflation Reduction Act,” National Housing and Rehabilitation Association Fall Developer’s Forum, October 2022.
- Panelist, “IRA and Affordable Housing,” Novogradac 2022 Affordable Housing Tax Credit and Bonds Conference, September 2022.
- Presenter, “Innovative Building Methods and Modular Construction,” Boston Harvard Real Estate Alumni Organization's Innovation in Real Estate series, June 29, 2022.
- Moderator, “Tax Credit Equity Roundtable,” National Housing and Rehabilitation Association's 2021 Fall Developers Forum, October 26, 2021.
- Presenter, “How to Finance a Microgrid Project in a Post-Covid-19 Economy,” Microgrid Knowledge Virtual Conference, June 3, 2020.
- “C-PACE Financing and Affordable Housing,” Tax Credit Advisor Magazine, April 2023.
