Dale Schwebel has been hired by Biggins Lacy Shapiro & Co. as a senior manager to lead the firm’s compliance division.
Schwebel’s experience includes managing public-sector economic development initiatives, including tax credit programs, for both the state of New Jersey and private companies. She most recently oversaw project management and budget oversight for redevelopment investment efforts for the New Brunswick Development Corp.
“I am thrilled to be joining BLS & Co. to lead the firm’s growing compliance portfolio,” she said. “My strong background in tax credits — including applications, approvals, financing and monetization — enable me to provide a high level of experience and energy for BLS & Co.’s clients across the country.”
BLS Executive Managing Director Jay Biggins said Schwebel is a perfect fit.
“Dale brings valuable experience in a broad range of economic development incentives management issues to our team from her years managing both private development projects and public-sector initiatives,” he said. “As an expert in diverse forms of public-sector incentives, she will effectively guide our clients through the increasingly complex compliance process.”
Incentives awarded to companies often involve substantial procedural requirements, and failure to fulfill the terms of these agreements can result in political and financial liability. As head of compliance, Schwebel will work with BLS & Co. clients to provide a post-closing “roadmap” of all reporting and claiming requirements and manage compliance activities over the life of a grant or tax credit.
“Dale will oversee our firm’s growing portfolio of incentive compliance engagements, which includes a large number of projects throughout the U.S.,” Managing Director Joe Lacy said. “Her expertise is particularly important in a post-COVID world, as the pandemic altered many existing incentive programs and agreements.”
As a senior project manager with Devco, Schwebel helped attract $200 million in New Jersey tax credits for multiple projects in New Brunswick and managed the compliance process for these projects. Prior to that, she managed public sector economic development initiatives for the governor’s office, including developing initial regulations for the Urban Transit Hub Tax Credit program.