Shamin Hotels, the region’s largest hotel operator, received a national award from Hilton Hotels for converting a former 19-story office tower into two hotels. Shamin received one of Hilton’s 2016 Development Awards in the new build/adaptive reuse of the year category for dual brand. Only one project is selected annually. The award was for […]
Press Release Announcing the Report: Report highlights NMTC project data from 2016, including 28 healthcare facilities, 26 manufacturers, 15 schools, 14 facilities for youth and families, and 11 incubators WASHINGTON, June 7, 2017 — The New Markets Tax Credit Coalition today released its 2017 New Markets Tax Credit (NMTC) Progress Report the […]
88.5 WFDD Public Radio for the Piedmont Article by Paul Garber Published December 8, 2014 Wake Forest Baptist Medical Center has announced a $100 million project to transform a former Reynolds Tobacco Company complex into a medical education building. The building will be in the heart of the Innovation Quarter in downtown Winston-Salem just south […]
St Louis Business Journal Reporter- Amir Kurtovic Published on March 13, 2013 U.S. Bank will provide more than $16.5 million of New Markets Tax Credit and Historic Tax Credit equity for Wexford Science & Technology’s purchase and rehabilitation of the historic Heritage Building at the CORTEX biotech and medical district in Midtown. Wexford, a Baltimore-based […]
WINSTON-SALEM, N.C., Feb. 21, 2012 /PRNewswire via COMTEX/ Wake Forest Baptist Medical Center has opened the doors to Wake Forest Biotech Place, a new state-of-the-art, world-class 242,000 square foot biotechnology research and innovation center designed to allow more growth of Wake Forest Baptist’s many renowned research departments and create incubator space to promote start-up companies […]
This post was written by Kelly Bennett and cross-posted with Citiography. Missouri, I know you’ve been walloped by decades of deindustrialization and now the Great Recession. You’re being forced to make some terrible choices when it comes to your state budget. On the chopping block is your historic preservation tax credit. It may seem trite […]
WASHINGTON, D.C. – October 28, 2011 – The Community Development Financial Institutions (CDFI) Fund today released data collected on new markets tax credit projects financed through fiscal year (FY) 2010. Through the FY 2010 reporting period, community development entities (CDEs) disbursed a total of $20,901,020,746 in qualified equity investment (QEI) proceeds to 3,060 qualified active […]
The National Housing & Rehabilitation Association (NH&RA) announced 18 finalists in seven categories for this year’s Timothy J. Anderson (Timmy) Awards. The awards recognize outstanding historic building rehabilitations that used state or federal historic tax credits (HTCs). The finalists are Philadelphia Main Post Office in Philadelphia, Pa. and Leavenworth Building 19 in Leavenworth, Kan. for […]
By: WESLEY P. HESTER | Richmond Times-Dispatch Published: October 13, 2011 Sens. Jim Webb and Mark R. Warner, both Democrats, have introduced legislation that would allow for the rehabilitation of aging schools across the country though the use of historic tax credits. If approved, the change to existing law would open the door for major […]
Business First by James Fink, Buffalo Business First Reporter Monday, October 24, 2011 A tax-credit program that is helping to finance a number of local, significant historic preservation projects should be extended, says a Buffalo Congressman. Rep. Brian Higgins said he has introduced a measure that will see the New Markets Tax Credit program remain in […]
News Eagle’s local history series Banquet set Sept. 30 at Ehrhardt’s The Annual Preservation Awards Dinner of the Wallenpaupack Historical Society will be held Friday evening, September 30, at Ehrhardt’s Restaurant. Two awards will be given that evening. The Hawley Silk Mill will be recognized for the restoration and adaptive re-use of a commercial building. […]
