Marie V. Phelan

Marie V. Phelan practices in the area of public finance.

She is bond counsel to the University of Connecticut, the South Central Connecticut Regional Water Authority, the Connecticut Innovations, Incorporated, the Connecticut Health and Educational Facilities Authority, the Housing Authority of the City of New Haven, the Housing Authority of the City of Waterbury, the Housing Authority of the City of Bristol, the Borough of  Naugatuck, the Town of Windham and numerous other housing authorities and municipalities in Connecticut. In addition, she has represented numerous underwriters, trustees and borrowers in connection with the issuance of general obligation and revenue bonds.

Additionally, Marie has extensive experience with conduit loan financings, including financings that qualify for low income housing tax credits, tax increment financing, clean water fund financings, pension financing, lease financings and the issuance of certificates of participation. She has worked with distressed municipalities and drafted legislation in connection with multiple municipal finance issues.

Office

Professional Affiliations

Connecticut Bar Association

Council of Development Finance Agencies

Government Finance Officers Association

National Association of Bond Lawyers

National Association of Housing and Redevelopment Officials 

State of Connecticut's Municipal Finance Advisory Commission - former chairman

Community Involvement

Connecticut Leukemia and Lymphoma Society - 2005 Woman of the Year

Honors & Recognitions

Selected to the Connecticut Super Lawyers list in 2006 in the area of government finance

Listed in The Best Lawyers in America in the area of public finance law for 2024

• Bond counsel to a water authority in connection with numerous revenue bond financings, totaling over $600 million in aggregate principal amount
• Bond counsel and disclosure counsel to a university in connection with more than $1 billion in general obligation bonds, special obligation bonds and refunding bonds
• Bond counsel to a special taxing district in connection with the issuance of bonds secured by special assessments and a tax increment
• Bond counsel to several housing authorities in connection with the issuance of conduit private activity bonds for projects also financed with low income housing tax credits
• SWAP counsel to a water authority in connection with the execution, delivery and subsequent termination of an $80 million forward dated swap agreement
• Bond counsel to a university in connection with the lease financing of a cogeneration facility
• Bond counsel to a municipality in connection with the financing of its wastewater treatment plant and incinerator with taxable and tax exempt certificates of participation
• Bond counsel to several municipalities in connection with their issuances of pension obligation bonds
• Bond counsel to a housing authority in connection with the issuance of capital fund financing program revenue bonds
• Disclosure counsel to a municipality in connection with the issuance of municipal tax increment financing bonds and bond counsel in connection with the refunding of such bonds
• Representation of numerous underwriters in connection with the issuance of municipal, university and state of Connecticut bond and certificate of participation issues
• Representation of several housing authorities in connection with the issuance of bonds to finance housing projects owned by 501(c)(3) corporations, limited partnerships or limited liability companies

Publications

Press Releases