Mary Nash K. Rusher Partner

Mary Nash is the managing partner of McGuireWoods’ Raleigh office. She works closely with local governments, nonprofits and others to finance capital improvements using tax advantage financing, primarily tax exempt bonds. Her work includes financings for educational institutions, including public and private K-12 schools, charter schools, and public and private colleges and universities.

She assists local governments and nonprofits in traditional tax exempt financings of capital projects, as well as more innovative financings that involve public-private partnerships, synthetic tax increment financing and new markets tax credits.

Mary Nash has been involved in nearly all of the affordable housing bond issues in the state over the past decade that involve tax exempt bonds and 4% tax credits, and she continues to work with local governments to find innovative ways to provide more affordable housing in North Carolina.

The best part of her practice is working with public and private borrowers to find ways to provide needed infrastructure and capital improvements using creative and cost-effective financing tools. “It is satisfying to know that when we finish a deal, something will be built that the community needs,” she said.


Acted as bond counsel for most of the low- and moderate-income housing bonds (often combined with 4% tax credits) issued by housing authorities and other local issuers in North Carolina.

Acted as bond counsel and underwriter’s counsel for public finance issues, including public and private universities, private schools, charter schools, housing authorities, cities, counties (and related school boards), a turnpike authority and port facilities.

Acted as bond counsel and bank counsel for numerous privately placed bank loans to cities, counties, school districts and other public entities.

Acted as borrower’s counsel, lender’s counsel and underwriter’s counsel in new markets tax credit transactions to finance, among others, several public schools, a city arts center and theater, a manufacturing facility, a hospital addition, a biotech center, a YMCA facility, a downtown community facility and a charter school.

Acted as bond counsel for numerous industrial development bonds (formally known as qualified small issue bonds) and exempt facility bonds (including solid waste disposal bonds) in North Carolina.

  • University of Virginia School of Law, JD, Virginia Journal of International Law, Order of the Coif, 1984
  • Wake Forest University, BA, magna cum laude, 1980

Member, American College of Bond Attorneys

Member, National Association of Bond Lawyers

Board of Governors, North Carolina Bar Association 2019-2022

Member, Board of Directors, North Carolina Bar Foundation, 2019-2022

Member and Past Chair, Women in the Profession Committee, North Carolina Bar Association, 2011-2014

Member, WakeMed Board of Directors, 2019-2025

Chair, Board of Directors, YMCA of the Triangle Area, 2013-2015; Member, Board of Directors, 2010-2016

Member, WakeMed Foundation Board of Directors, 2011-2017

Member, Commission on PPPs, North Carolina General Assembly, 2010-2011

  • German
  • North Carolina

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Named “Lawyer of the Year,” North Carolina; Public Finance Law, 2016, 2017, 2019, 2022; Banking and Finance Law, 2018, Best Lawyers

Selected for inclusion in The Best Lawyers in America, Public Finance Law, 2017-2022; Banking and Finance Law, 2018, 2020-2022, Woodward/White, Inc.

Selected for inclusion in “Legal 500 United States,” Education, 2021

Selected for inclusion in America's Leading Lawyers for Business, Banking & Finance: Public Finance, North Carolina, Chambers USA, 2020, 2021

Named to North Carolina Pro Bono Honor Society, 2020

Named to "North Carolina Super Lawyers," Government Finance, Super Lawyers, Thomson Reuters, 2009-2021

Named to "Leaders in the Law," North Carolina Lawyers Weekly, 2019

Named to "North Carolina Top 50 Women," Super Lawyers, Thomson Reuters, 2008-2012

Recipient, Women in Business Award, Triangle Business Journal, 2009

  • Speaker, "Financing Charter Schools in North Carolina — Issues and Opportunities," 16th Annual Nonprofit Seminar, October - November 2018
  • Speaker, "Creative Tax Credit Financing in North Carolina – NMTC, HTC and LIHTC," CDFA North Carolina Conference, May 3, 2018
  • Speaker, "Biotech NMTC Project Case Study," CDFA North Carolina Conference, September 23, 2016
  • Speaker, "Tax Exempt Bonds and 4% Tax Credits," 2015 North Carolina Affordable Housing Conference, October 29, 2015
  • Speaker, "Next Decade of Alternate Project Delivery Systems – PPPs and the Role of Innovative Financing Techniques," ABA Forum on the Construction Industry, Fall Meeting, September 25, 2013
  • Speaker, "Rental Assistance Demonstration Program (RAD) and Affordable Housing Bonds in North Carolina," Department of Housing and Urban Development (HUD), CCHRCO Commissioner’s Meeting, April 6, 2013
  • Speaker, "SAD Story – Issues and Opportunities to Finance Infrastructure using Special Assessment Districts," North Carolina Bar Association, Government and Land Use Section, April 2011
  • Chair, "Nuts and Bolts New Markets Tax Credits," Bond Attorneys’ Workshop, 2011
  • Chair, "Manufacturing Facilities, Enterprise and Gulf Opportunity Zone Bonds and Recovery Zone Facility Bonds," Bond Attorneys’ Workshop, 2009-2010
  • Steering Committee, National Association of Bond Lawyers Bond Attorneys’ Workshop, 2009-2011
  • Speaker, "New Opportunities for Municipal Bonds and New Tax Credit Bonds," CDFA Annual Finance Summit – The Stimulus Act of 2009, 2009
  • Speaker, "Public-Private Partnerships: Bringing it Home," Institute for Emerging Issues, 2009
  • Speaker, "After the Stimulus Act: Debt Financing Options for Local Governments," The North Carolina Department of State Treasurer, The North Carolina League of Municipalities and The North Carolina Association of County Commissioners, 2009
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