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Jeffrey Chesnut

Associate

Fax:

(817) 439-9934

Address:

1008 Macon Street
Suite 101
Fort Worth, Texas 76102

jeff_chestust_underwood_dallas_texas

Jeffrey Chesnut

Associate

Jeffrey H. Chesnut focuses on public finance, economic development, and municipal law. Jeff has a track record of finding creative solutions to finance projects that contribute to economic vibrancy and quality of life, bringing all available tools to bear to advance balanced growth and redevelopment.

Jeff spent the last three years with the Dallas City Attorney’s office, where he advised the city on public finance and bond compliance matters and provided counsel to the economic development and housing departments. Jeff has experience preparing the documents required for authorization and issuance of GO and revenue bonds and advising issuers and developers on the range of projects for which bond proceeds may be expended.  Additionally, he represented the City in development, infrastructure, and real estate transactions financed through incentives, including grants, tax abatements, and other public funds.  He negotiated public-private partnerships and inter-local cooperation agreements and advised jurisdictions on special entity formation, TIF and PID financing, special taxing jurisdictions, and tax credit financing.

Jeff’s practice includes affordable and mixed-income housing finance and compliance. He has advised municipalities, Housing Finance Corporations (HFCs), and Public Housing Agencies on projects financed or refinanced through HUD or TDHCA programs, HFC bonds, housing tax credits, and traditional loans.  He has also provided counsel on land banking, community land trusts, and homestead preservation districts.

Previously, he handled several contested public finance matters on behalf of issuers of public securities across Texas at Norton Rose Fulbright (formerly Fulbright & Jaworski).  There, Jeff’s experience included bringing successful declaratory judgment suits to resolve election law, tax law, and statutory concerns, resulting in court orders validating issuers’ authority to issue bonds and enter contracts to use proceeds for a wide range of projects, including public works, transportation facilities, medical facilities, venue projects, and economic development projects. 

  • Overview

    Jeffrey H. Chesnut focuses on public finance, economic development, and municipal law. Jeff has a track record of finding creative solutions to finance projects that contribute to economic vibrancy and quality of life, bringing all available tools to bear to advance balanced growth and redevelopment.

    Jeff spent the last three years with the Dallas City Attorney’s office, where he advised the city on public finance and bond compliance matters and provided counsel to the economic development and housing departments. Jeff has experience preparing the documents required for authorization and issuance of GO and revenue bonds and advising issuers and developers on the range of projects for which bond proceeds may be expended.  Additionally, he represented the City in development, infrastructure, and real estate transactions financed through incentives, including grants, tax abatements, and other public funds.  He negotiated public-private partnerships and inter-local cooperation agreements and advised jurisdictions on special entity formation, TIF and PID financing, special taxing jurisdictions, and tax credit financing.

    Jeff’s practice includes affordable and mixed-income housing finance and compliance. He has advised municipalities, Housing Finance Corporations (HFCs), and Public Housing Agencies on projects financed or refinanced through HUD or TDHCA programs, HFC bonds, housing tax credits, and traditional loans.  He has also provided counsel on land banking, community land trusts, and homestead preservation districts.

    Previously, he handled several contested public finance matters on behalf of issuers of public securities across Texas at Norton Rose Fulbright (formerly Fulbright & Jaworski).  There, Jeff’s experience included bringing successful declaratory judgment suits to resolve election law, tax law, and statutory concerns, resulting in court orders validating issuers’ authority to issue bonds and enter contracts to use proceeds for a wide range of projects, including public works, transportation facilities, medical facilities, venue projects, and economic development projects. 

  • Experience

    Jeff’s representative experience includes:

     Public Finance

    • Advising and preparing documents necessary to call elections to approve GO bonds and venue projects
    • Advising municipalities, school districts, and special districts on issuance of public securities
    • Representing issuers in declaratory judgment actions validating their authority to issue public securities, enter related contracts, and expend proceeds for eligible purposes
    • Advising on post-issuance compliance, use of bond proceeds, and tax treatment of bonds

    Tax Increment Finance

    • Advising on creation,  governance, and amendment of TIRZs
    • Negotiation of development agreements and evaluation of project eligibility

    Special Districts

    • Advising on creation, governance, and eligible activities of PIDs, LGCs, MMDs, Type A, and Type B Corporations

    Economic Development Incentives

    • Negotiating incentives provided through local and state grant programs, tax abatements, tax credits, and public-private partnerships

    HUD Community Development Programs

    • Negotiating grants, loans, and other agreements for use of CDBG, HOME, HOPWA, and ESG funds

    Affordable Housing Development

    • Advising on local, state, and federal incentives for land acquisition, construction, and refinance of affordable and mixed-income housing
    • Advising on land banking, transfer of foreclosed and surplus property, community land trusts, and other programs to encourage construction or repair of residential property

    Government contracting and procurement

     

  • Affiliations
  • Insights

    Presentations

    • Panelist:  Developing Affordable Housing in Fort Worth” at Tarrant County Bar Association Real Estate Section Luncheon, September 18, 2018
    • Panelist, “Housing Innovation” at The Bond Buyer’s Texas Public Finance Conference, February 13, 2018
    • Co-presenter, with Mitchell Moses, “Getting Procurement Right” and “Getting Bond Elections Right” at Texas Association of School Business Officials DFW regional meeting, February 13, 2018
    • Presenter: “Lessons from the November Bond Elections, Preparing for May Bond Elections, and Complying with Ethics Rules in the Age of Fact-Free Campaigning,”  Kaufman County Superintendents’ Roundtable, November 15, 2017
    • Presenter: UNT Dallas College of Law, Legal Framework for Homebuyer and Home Repair Assistance, September 18, 2017
    • Co-presenter, City of Dallas CLE, Gift of Public Funds and Public Purpose in Economic and Community Development, June 24, 2016

    Insights

Experience

Jeff’s representative experience includes:

 Public Finance

  • Advising and preparing documents necessary to call elections to approve GO bonds and venue projects
  • Advising municipalities, school districts, and special districts on issuance of public securities
  • Representing issuers in declaratory judgment actions validating their authority to issue public securities, enter related contracts, and expend proceeds for eligible purposes
  • Advising on post-issuance compliance, use of bond proceeds, and tax treatment of bonds

Tax Increment Finance

  • Advising on creation,  governance, and amendment of TIRZs
  • Negotiation of development agreements and evaluation of project eligibility

Special Districts

  • Advising on creation, governance, and eligible activities of PIDs, LGCs, MMDs, Type A, and Type B Corporations

Economic Development Incentives

  • Negotiating incentives provided through local and state grant programs, tax abatements, tax credits, and public-private partnerships

HUD Community Development Programs

  • Negotiating grants, loans, and other agreements for use of CDBG, HOME, HOPWA, and ESG funds

Affordable Housing Development

  • Advising on local, state, and federal incentives for land acquisition, construction, and refinance of affordable and mixed-income housing
  • Advising on land banking, transfer of foreclosed and surplus property, community land trusts, and other programs to encourage construction or repair of residential property

Government contracting and procurement

 

Presentations

  • Panelist:  Developing Affordable Housing in Fort Worth” at Tarrant County Bar Association Real Estate Section Luncheon, September 18, 2018
  • Panelist, “Housing Innovation” at The Bond Buyer’s Texas Public Finance Conference, February 13, 2018
  • Co-presenter, with Mitchell Moses, “Getting Procurement Right” and “Getting Bond Elections Right” at Texas Association of School Business Officials DFW regional meeting, February 13, 2018
  • Presenter: “Lessons from the November Bond Elections, Preparing for May Bond Elections, and Complying with Ethics Rules in the Age of Fact-Free Campaigning,”  Kaufman County Superintendents’ Roundtable, November 15, 2017
  • Presenter: UNT Dallas College of Law, Legal Framework for Homebuyer and Home Repair Assistance, September 18, 2017
  • Co-presenter, City of Dallas CLE, Gift of Public Funds and Public Purpose in Economic and Community Development, June 24, 2016

Insights