Kimberly D. Magrini

Tel 215.864.8365
Fax 215.864.8999

Kimberly D. Magrini serves as counsel to investment banking firms and investors, developers, municipalities, issuers, and trustees in all types of public finance transactions. Her experience also includes representing a variety of 501(c)(3) organizations, including hospitals and other health care organizations, colleges and universities, private and charter schools, and museums.

Kim focuses her practice on municipal finance and recovery, acting as counsel to municipalities, underwriters, placement agents, and investors in municipal financings, including distressed financings, high-yield offerings, secondary market transactions, and municipal bankruptcies and workouts. Kim has experience with issues unique to Pennsylvania law (including Act 47) and maintains a special focus on disclosure issues for distressed municipalities, including pension analysis and disclosure and securities regulatory enforcement.

Kim also maintains an active housing finance practice, regularly representing issuers, investors, developers, and trustees in Low Income Housing Tax Credit housing financing transactions and single-family mortgage bond transactions. She has represented investors and developers across the country in numerous lower-tier LIHTC deals, including transactions involving solar and renewable energy credits. In addition, she has developed significant knowledge of green financing initiatives, including green infrastructure, PACE, and other renewable energy financing options.

Kim represents clients in public-private partnership (P3) and public-public partnership transactions involving both transportation facilities and municipal enterprises. She also has experience in student loan bond deals and regularly engages in private activity bond deals.

Before entering the law, Kim worked for several years as both a legal and environmental science research assistant at Drexel University.

Pro Bono Experience

Kim represented players on the Women's National Ice Hockey Team as they pursued gender equality with USA Hockey. She also serves as a child advocate through the Support Center for Child Advocates and has also represented clients through the Homeless Advocacy Project.

Professional Activities

National Association of Bond Lawyers

Pennsylvania Association of Bond Lawyers

Ballard Spahr Pro Bono Committee

Delaware Valley Environmental Inn of Court, student member (2009-2010)

Kim represented the USA Women's rugby National Team as a player from 2006 to 2011, co-captaining the squad competing in the Women's Rugby World Cup in 2010. She served as an International Athlete representative to USA Rugby Congress and a member of the Athlete's Advisory Council to USA Rugby and the U.S. Olympic Committee for the sport of Rugby. Kim also served as Chairperson, and in other board capacities, for Keystone Griffins Rugby Club, a Philadelphia-area women's rugby club, from 2007 to 2014.

Recognition & Accomplishments

Member, First Judicial District of Pennsylvania Pro Bono Roll of Honor 2012-2016


"El Paso RAD transaction converting 1,590 units at 13 sites closes," Ballard Spahr Housing Plus blog, April 13, 2015

Co-author, "Unpave a Parking Lot and Put Up a Paradise: Using Green Infrastructure and Ecosystem Services To Achieve Cost-Effective Compliance," Environmental Law Reporter News & Analysis, August 22, 2012

Kim is also co-author of numerous Ballard Spahr Public Finance alerts:

"Moody’s Finalizes Green Bonds Assessment Methodology," May 26, 2016

"Moody’s Joins Effort to Standardize Green Bond Market," March 4, 2016

"Act 47: Pennsylvania Says Enough is Enough. Or Is It? " October 31, 2014

"Illinois Passes Landmark Pension Reform," December 11, 2013

"PA Transportation Funding Bill Brings Unprecedented Investment to Infrastructure," November 25, 2013

"Pennsylvania Seeks To Expand P3s to Local Governments and School Districts," November 4, 2013

"U.S. Senate Passes Water Resources Development Act," May 21, 2013

"Water Infrastructure Loan Program Reintroduced in Congress," March 5, 2013

"Can New Jersey Bank on the Infrastructure Bank?" February 11, 2013

"Government Finance Officers Association Issues Guidelines For Pension Funding," December 18, 2012

"New Best Practices Released for Pension Obligation Disclosure," November 15, 2012

"New Report Identifies $2.5 Billion-Plus in Delaware Valley Infrastructure Funding Needs," November 7, 2012

"Obama Signs Transportation Bill," July 11, 2012

"NABL Issues Pension Disclosure Considerations," May 30, 2012

"Chicago Adopts Innovative Infrastructure Trust," April 30, 2012

Speaking Engagements

Speaker, "Public-Private Partnerships (P3): Trends and Updates You Must Know," The Knowledge Group, July 11, 2017 

Speaker, "The Procurement Process," NCPPP's Philadelphia P3Bootcamp, May 3, 2017 

Speaker, "Introduction to Public-Private Partnerships," Clear Law Institute webinar, January 5, 2017

Speaker, "Closing the Deal," CDFA Summer School Intro Bond Finance Course, Baltimore, August 10, 2016

Moderator, "Beyond the News: PACE Financing – Challenges and Rewards, from Enabling Legislation to Implementation," Ballard Spahr panel, December 3, 2014

Drexel University School of Law (J.D. 2010, magna cum laude)

Drexel University (M.S.E.S. 2006)

Pennsylvania State University (Schreyer Honors College) (B.S. 2004)

New Jersey


U.S. District Court for the District of New Jersey