Mr. Waddell is a partner in the firm's Jackson office where his practice focuses on public finance, economic development and affordable housing. Mr. Waddell serves as counsel to the Mississippi Home Corporation, a public corporation that finances and encourages home ownership and affordable housing throughout Mississippi. Mr. Waddell also serves as counsel to the Mississippi Home Corporation in issuing its single family mortgage revenue bonds and in issuing multi-family bonds. Additionally, Mr. Waddell advises the Mississippi Home Corporation on its administration of Mississippi's allocated share of Low Income Housing Tax Credits (LIHTCs) from the United States Department of the Treasury. Mr. Waddell has extensive experience working within the framework of Section 42 of the Internal Revenue Code as well as the Gulf Opprotunity Zone Act of 2005 to assist with the development of affordable housing throughout Mississippi.
Mr. Waddell also serves as counsel to the Mississippi Business Finance Corporation, a public corporation created to encourage economic development in Mississippi through the issuance of Industrial Development Revenue Bonds. Mr. Waddell also serves as counsel to the Mississippi Development Bank, a public entity created by the legislature authorized to borrow money and issue bonds and notes to make funds available to local governmental units at reduced rates and on favorable terms.
Mr. Waddell has been involved in financings for health care, water and sewer facilities, manufacturing and processing facilities, natural gas projects, energy projects, retail concerns and a number of Gulf Opportunity Zone Projects. In addition, Mr. Waddell has experience serving as underwriter's counsel and trustee counsel and has experience with derivative transactions.
Representative Experience
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In 2006 and 2007:
Represented Mississippi Home Corporation in the issuance of over $500 Million in Single Family Mortgage Revenue Bonds (over $133 Million of which qualified as Gulf Opportunity Zone Bonds).
Represented the Mississippi Development Bank in the issuance of $155 Million in System Restoration Bonds to repair the state's investor owned utility company facilities following Hurricane Katrina.
- Represented the Mississippi Business Finance Corporation in over 25 Issues consiting of more than $500 Million dollars of qualifying Gulf Opportunity Zone Bonds.
PROFESSIONAL ACTIVITIES
- Mississippi Bar, Young Lawyers Division, Disaster Relief Committee 2000, Board of Directors 2001-2002
- Harrison County Young Lawyers Association, President, 2002
- Mississippi Bar Association, Section on Natural Resources, Energy, and Environmental Law and Business Law Section
- American Bar Association, Environment, Energy and Resources Section and Business Law Section
- Harrison County Bar Association, Young Lawyers Section