Crow Island Community Capital connects non-profit organizations, mission-oriented for-profit companies and real estate developers making catalytic investments in economically distressed areas to critical financing. Our focus is high-impact projects that enable the concurrent pursuit of organizational mission and community improvement. Assembling a powerful financing package, Crow Island is a bridge forward, connecting bold ideas to big outcomes for clients and communities.
OUR MISSION - We connect clients with critical resources and expertise that enable the concurrent pursuit of organizational mission and community outcomes.
Dan Klaff
Starting Crow Island
New Markets Tax Credit expert and long-time community development professional, Dan Klaff is the founder of Crow Island Community Capital. He focuses on providing community development finance consulting services to non-profit and for-profit organizations that are working on deeply impactful community development projects. He prides himself in utilizing complex financing tools from as early in the deal process as possible through the closing of the project and beyond to revitalize communities.
Representative projects include multi-tenant commercial real estate projects, mixed-use real estate projects, campus-wide multi-stage redevelopment, opportunity hubs, schools, federally qualified health centers, homeless shelters, operating businesses and more.
Background
Before Crow Island, Dan had over a decade-long career at Applegate & Thorne-Thomsen, P.C., a leading affordable housing and community development law firm. He became one of the nation’s leading attorneys representing developers (or QALICBs) in New Markets Tax Credit transactions. In addition to representing developers, Dan’s practice included the representation of lenders, including Community Development Financial Institutions, and investors in community development and affordable housing with projects that utilize new tax credits and other forms of private and government financing.
Dan graduated from Harvard Law School in 2008. Afterward, he worked as a Skadden Fellow at Business and Professional People for the Public Interest. His work there included legal, policy and advocacy efforts to address the foreclosure crisis and affordable housing shortage in Illinois. As part of that work, he helped pass an aggressive state law intended to help municipalities around the state better address the foreclosure crisis. He also worked closely with municipalities and community groups to implement that law and other solutions to foreclosure crisis.