Kantor Taylor

Daniel Budihardjo


Dan practices transactional business and real estate financing with a concentration on the financing of community economic development projects using new markets tax credits (NMTCs) and historic rehabilitation tax credits (HRTCs).  He represents community development entities, community/ institutional lenders, public development authorities, nonprofit corporations, and developers throughout the United States who seek to utilize tax credit-based financing in support of development or redevelopment projects in underserved areas, including educational facilities, healthcare facilities, office and mixed use projects, and community spaces.

Dan has wide-ranging experience in structuring complex financing arrangements combining NMTC and HRTC investments with public and private funding sources that include commercial loans, program-related investment loans, loan participation pools, and HUD 108 loans. Dan also serves as unwind counsel in the restructuring and refinancing of post-NMTC and HRTC transactions.

A summary of selected representations include:

  • Represented community development entities in Washington State, Utah, New York, and California in deploying multiple rounds of NMTC allocations into community economic development projects.
  • Represented nonprofit developer in a $7,000,000 NMTC financing transaction supplemented with a $1,780,000 program-related investment (PRI) loan for the development of a charter school facility in Rhode Island.
  • Represented an Oregon higher education institution in a series of financing transactions (in the approximate aggregate amount of $20 million) to finance the rehabilitation and conversion of historic building into a new art school facility utilizing a PRI loan, a commercial loan, federal historic rehabilitation tax credits, state NMTCs, and federal NMTCs and involving 3 separate tax credit equity investors, a municipal lender, and a local private foundation.
  • Represented a community lender in creating a $3.5 million participation loan pool with various financial institutions to fund a bridge and permanent loan to a Utah nonprofit corporation in connection with a NMTC financing of a new charter school facility in Salt Lake City.
  • Represented a hotel developer in a $6 million HRTC financing for the historic rehabilitation of a boutique hotel in downtown Seattle.

Professional Affiliation:

  • American Bar Association (Forum on Affordable Housing and Community Development Law)

Bar Admissions:

  • State of Washington


  • Lewis and Clark Law School, J.D.
  • Monterey Institute of International Studies, M.A., International Environmental Policy
  • Gonzaga University, B.A., Political Science


  • Member of Lewis and Clark Law School Moot Court Honor Board
  • Member of Jessup International Moot Court Team, Lewis and Clark Law School
  • Kantor Taylor Nelson Evatt & Decina PC
    901 Fifth Avenue, Suite 4000
    Seattle, WA 98164
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