Mr. Scotland is a founding member of McManimon, Scotland & Baumann, LLC, concentrating his practice in infrastructure development and structured finance, with experience and expertise in redevelopment, housing, land use, and public and project finance. Glenn’s practice consists of, among other things, advising governmental entities, and private for-profit and not-for-profit developers in connection with development, implementation and financing of complex development, redevelopment and housing projects. This work includes developing programs for financial assistance for redevelopment projects under New Jersey exemption and abatement statutes and tax increment bond financing programs. Glenn also has worked extensively with New Jersey state tax incentive and financial assistance programs. His practice also includes the development and financing of affordable housing under the United States Housing and Urban Development Mixed Finance Regulations, Hope VI Revitalization Grant, Choice Neighborhoods Grant, Capital Grant Funds, and Neighborhood Stabilization Programs and financings utilizing Low Income Housing Tax Credits. Glenn has worked on housing and transactions involving various types of credit support including FHA Mortgage insurance programs, GNMA-supported bonds and traditional bond insurance programs.
Glenn also has extensive experience in the development and implementation of financing structures under the New Markets Tax Credit Program. This includes loan transactions involving tax credit allocations from multiple Community Development Entities (CDEs), leveraged loan transactions including various leverage sources, and utilizing these tax credits with other tax credits or financial assistance programs.
During the course of his career, Glenn has focused on public and project finance at every level of government. The financings have included sewer and solid waste management and resource recovery financings, as well as alternative energy projects including cogeneration and energy conservation, and in the privatization of publicly-owned water, wastewater and solid waste facilities. Further, Glenn has represented underwriters in connection with their purchase of securities issued by political subdivisions of the State of New Jersey.
Glenn received his B.A. degree in Economics from Brown University in 1977 and his J.D. degree from Georgetown University in l980. He was admitted to the practice of law in New Jersey in l980 and New York in 1989.
Glenn is presently a member of the New Jersey State Bar Association, the Counselors of Real Estate – NJ Chapter and a former member of the New Jersey Supreme Court Ethics Committee, District V-A. He has served as a member of the New Jersey Housing & Mortgage Finance Agency and as a member of the Board of Trustees at Essex County College located in Newark, New Jersey.