Since joining DTA, Nathan “Nate” Perez has managed all aspects of the formation and implementation of hundreds of special districts, including Mello-Roos Community Facilities Districts (“CFDs”) and Assessment Districts (“ADs”), to fund infrastructure and services throughout California, Washington, Texas, New Mexico, and four other states.
While managing the firm’s Northern California, Texas, and New Mexico practices, he has recently supervised the sale of billions in “new money,” refunding, and parity land-secured bonds, including those involving multiple landowners, improvement areas, bond pools, capital appreciation bond structures, variable rate bond structures, and subordinate bond tranches. Responsibilities relate to the performance of thousands of tax spread pro forma analyses, development of municipal bond documentation concerning issuance (e.g., a Rate and Method of Apportionment) and disclosure, and preparation of Public Reports, overlapping debt analyses, Development Agreement negotiations, escrow release provisions, private placement requirements, and Letter of Credit determinations.
Nate has prepared several dozen Public Facilities Financing Plans for developers and municipalities that provide a variety of financing mechanisms to fund infrastructure and public services for new development. He is also responsible for the implementation and structuring of the Statewide Community Infrastructure Program (“SCIP”), which was established by the California Statewide Community Development Authority (“CSCDA”), and acts as the Special Tax Consultant for the issuance of CFD bonds by CSCDA.
His background as an attorney has enabled him to assist developers in negotiating Development Agreements and Facilities Mitigation Agreements with public agencies. Nate’s familiarity with a variety of real estate legal issues has also given him a prominent role in assessing the legal impacts of much of DTA’s work, allowing him to effectively and efficiently evaluate dozens of state and Federal legal, regulatory, and administrative frameworks related to public finance and infrastructure development. His expertise in the fields of public finance and law allows him to evaluate any given situation and think out of the box to find a solution that works for all parties involved.
Mr. Perez has completed over 175 Fiscal Impact Reports and 55 economic development analyses for a variety of residential, commercial, and mixed-use developments throughout California, New Mexico, Washington, and Texas. He also has extensive expertise in the preparation, peer review, and defense of hundreds of Development Impact Fee (“DIF”) studies. This includes considerable work related to the preparation of facilities needs lists and apportionment of infrastructure and services costs to a variety of land uses based on benefit criteria.
Nate is also active as an expert witness in the analysis of system development fees for municipalities, builders, developers, and law firms. His extensive experience in impact fees, exactions, and finance has supported clients in the States of California, Washington, New Mexico, and North Carolina.
Prior to joining DTA, Mr. Perez worked for the Boston office of an international law firm, where he advised sponsors, managers, and investors on the tax aspects of fund formation and investment. He is admitted to the bar in both Massachusetts and California. Nate received his law degree from Harvard Law School and B.A. in Economics and History, with highest distinction, from the University of North Carolina at Chapel Hill.
He is an active member of the Urban Land Institute (where he both sits as a member of the national Community Development Council and regularly volunteers with the UrbanPlan program), California Bar Association, and Hispanic National Bar Association, in addition to donating hundreds of hours to helping children as a bilingual math coach, soccer coach, and baseball coach. Nate also holds a Series 54 license as a Principal Municipal Advisor and Series 50 license as a Municipal Advisor with the SEC/MSRB under rules promulgated following the Dodd Frank Act in 2010.
Mr. Perez was recently selected as an honoree for the Silicon Valley Business Journal’s 40 Under 40 Awards and as a Rising Star by The Bond Buyer for 2020. These awards are testaments to his community service as a volunteer, professional accomplishments, and leadership experience in the field of public finance.