Andrew Puricelli, CPA

Andrew is a leader of AAFCPAs’ Community & Economic Development Practice, with extensive experience providing assurance, tax, and operational consulting solutions to community development corporations (CDCs), affordable housing and mixed-use real estate developers, and specialized lending institutions, including community development finance institutions (CDFIs). Andrew advises clients on tax credit-based financing used widely in the community development industry, including New Markets tax credits (NMTCs), Low-Income Housing tax credits (LIHTCs), federal and state Historic Rehabilitation tax credits (HTCs), Renewable Energy tax credits, and projects that combine tax credits with various levels of debt and rental assistance subsidies. He provides guidance throughout a project’s life cycle from deal structuring to tax credit compliance, and assisting with investor exits. His unique perspective helps clients fully understand the intricacies and economics of both sides of a financing deal.

Andrew is also a leader in AAFCPAs’ Charter School Practice, providing proven solutions for charter schools and Charter Management Organizations (CMOs). He is intimately familiar with best practices in how charter schools and CMOs operate at every stage of development, whether in start-up, growth, or replication. He advises clients on real estate activity, audit readiness, implementation of regulatory changes, and performance enhancement opportunities, including business process improvement, fraud prevention, expansion feasibility, and cash flow analysis. He advises clients on specialized tax-exempt bond financing and various other tax credit driven programs, such as Qualified Zone Academy Bonds (QZABs), Qualified School Construction Bonds (QSCBs), and other financing programs to assist with expansion.

Andrew has extensive experience providing assurance solutions in accordance with Uniform Guidance/Single Audit and Government Auditing Standards, as well as those with both FASB and GASB requirements.

Andrew has been serving AAFCPAs’ clients with distinction since 2012. When not at work, he enjoys golf and travel.

Education           

• University of New Hampshire – Bachelor of Science, Business Administration, concentrations in Accounting and Finance, cum laude
• University of New Hampshire – Master of Science, Accounting (MSA)

Service

• Walk for Hunger – Walk Day Volunteer