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Bradley Arant Boult Cummings LLP

Paul Compton

Paul Compton



  • Banking and Financial Services
  • Affordable Housing and Community Development
  • Insurance

WSG Practice Industries



Paul Compton has broad experience in innovative commercial financing transactions, particularly those involving tax credits (federal and state, LIHTC, historic, state industrial incentive, new markets, work opportunity and CAPCO). Paul’s practice largely involves the participation of depository institutions in these types of transactions and through this he has a deep understanding of the regulatory environment in which banks operate.

Paul has been active in the new markets tax credit program since its inception in connection with the formation of community development entities, applications to the CDFI fund, “captive” and leveraged QEI investments, first mortgage QLICIs to operating and real estate QALICBs, leveraged lending to CDEs and the workout of troubled QLICIs.

Similarly, Paul has worked with low income housing tax credits, in more than 200 transactions, over 20+ years. He has represented direct equity investors, construction and permanent lenders, developers, and public housing authorities. The transactions have included tax exempt bond financing, HOME loans, FHA loans, agency loans, AHP grants, CDBG funding, mezzanine financing, Georgia state low income housing tax credits, historic tax credits, and the use of condominium structures. Paul also has experience on behalf of lenders in foreclosures and work-outs involving LIHTC supported properties.

Paul is general counsel to the Alabama Affordable Housing Association, counsel of record to The Alabama Consumer Finance Association and is Alabama Chair of the American Bar Association Forum on Affordable Housing and Community Development. He is a member of, and regularly advises, the Alabama Bankers Association.

Paul is a graduate of the University of Virginia School of Law and the University of Alabama College of Commerce and Business Administration. He also attended the London School of Economics and Political Science and is a 1983 Harry S. Truman Scholar.

Bar Admissions

  • Alabama, 1989
  • Georgia, 2004


  • University of Virginia School of Law, J.D., 1989, Articles Review Editor, Virginia Journal of International Law
  • University of Alabama, B.S., 1985, summa cum laude; Austin Cup Award for Outstanding Student in College of Commerce & Business Administration; Outstanding Economics Student; Harry S. Truman Scholar; National Merit Scholar
  • London School of Economics and Political Science, , 1984
Areas of Practice

Affordable Housing and Community Development | Banking and Financial Services | Insurance | Regulatory/Corporate/Government Relations | Tax Credits


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