Elizabeth Klueck

Ms. Klueck advises clients on a range of issues relating to real estate transactions, financing, and syndication. She practices in the areas of affordable housing, Low-Income Housing Tax Credits (LIHTC), New Markets Tax Credits (NMTC), tax-exempt entity law, and public finance.

Ms. Klueck represents nonprofit housing developers in the development, financing, and management of low-income housing developments, including year 15 dispositions. In addition, Ms. Klueck represents public agencies, philanthropic foundations, and housing authorities in the structuring and financing of housing and mixed-use developments and has extensive experience drafting and negotiating loan documents. Ms. Klueck has worked on transactions utilizing a variety of federal and state funding sources, including LIHTC, tax-exempt bond financing, the HOME Investment Partnership Program (HOME), Housing Opportunities for Persons With AIDS Program (HOPWA), Community Development Block Grant (CDBG) funds, Rental Assistance Demonstration Program (RAD), Affordable Housing and Sustainable Communities Program (AHSC), as well as other federal and state programs.

Ms. Klueck represents both qualified active low-income community businesses (QALICBs) and community development entities (CDEs) in NMTC transactions financing a broad range of projects, including educational facilities, performing arts facilities, healthcare centers, event spaces, nonprofit commercial offices and programming spaces, and mixed-use buildings.

Ms. Klueck also serves as an advisor to nonprofit housing developers in the areas of landlord-tenant law, property management, and compliance with federal and state funding sources regulations.

In addition, Ms. Klueck has considerable experience in forming nonprofit corporations, limited partnerships, and limited liability companies, the federal and state tax exemption application process, and the state welfare exemption process.


  • B.A., cum laude, University of California, Berkeley
  • J.D., University of California, Davis
  • Recipient of Witkin Award (highest grade) for Academic Excellence
  • The Order of Barristers. CEB/UC Award for Excellence in Legal Writing
  • Competitions Chair, UC Davis Moot Court Board
  • Executive Board of Directors, King Hall Legal Foundation
  • American Inns of Court Scholarship Recipient
  • Finalist, Martin Luther King, Jr. Public Service Award

Professional and Volunteer Affiliations

  • State Bar of California