Gregg D. Bernaciak is Counsel in the Public Finance industry group, focusing primarily on housing, community development, economic development, and municipal water, sewer, infrastructure, and public building projects. He practices out of the Firm's office in Pittsburgh, Pennsylvania.
Gregg regularly represents issuers, including municipal authorities and local government units, borrowers, underwriters and trustees in various types of public finance transactions, including industrial development bonds; conduit financing for colleges, universities, hospitals and health care facilities, and other 501(c)(3) organizations; and financings with the United States of America, acting as lender, through the USDA Rural Utilities Service for municipal water, sewer, and public building projects. Gregg also advises on tax-exempt and taxable bond financings for single family housing and multifamily housing projects (including projects utilizing low-income housing tax credits) secured by FHA/GNMA and Fannie Mae credit enhancement, redevelopment projects, and tax increment financing transactions.
Gregg currently is the responsible attorney in the representation of the West Virginia Housing Development Fund in connection with the issuance by the Fund of its multifamily housing revenue bonds and assists with its single family housing finance bonds. The Fund is the state agency responsible for, among other things, single family housing financing programs; providing residential rental housing programs for the state; the issuance of tax-exempt bonds; and the allocation of low-income housing tax credits.
Gregg is a graduate of the Pennsylvania State University, where he received his Bachelor of Science in finance in 1981. He received his law degree from the Duquesne University School of Law in 2002.
Before pursuing a legal career, Gregg served as Authorities Manager for Allegheny County Economic Development, where he directed the activities of six municipal authorities whose purpose was to issue tax-exempt obligations for eligible manufacturing, health care, higher education, housing and 501(c)(3) projects. While in this position, Gregg structured, implemented and managed the County's Single Family Mortgage Revenue Bond Program, through the issuance of mortgage revenue bonds by the Allegheny County Residential Finance Authority, for single family and multifamily housing projects.
Gregg is a member of the Allegheny County Bar Association, the National Association of Bond Lawyers and the Pennsylvania Association of Bond Lawyers and serves on the Board of Residential Resources, Inc. He has presented at seminars sponsored by the Council of Development Finance Agencies on matters relating to tax-exempt bonds.
Gregg is licensed to practice law in Pennsylvania and West Virginia.