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New Orleans Office
201 St. Charles Avenue
Suite 4205
New Orleans, LA 70170
(504) 378-3470
Dallas Office
13355 Noel Road
Suite 1100
Dallas, TX 75240
(214) 746-5065
On Wednesday, a groundbreaking ceremony marked the beginning of the 12-month construction of the new NOCCA Forum.
Still catalyzed by the New Markets Tax Credit transaction structured in 2009 on its behalf by Crescent Growth Capital, TCI announces more plans for growth at the Port of New Orleans.
After more than two years of work, CGC will team a $5 million New Markets Tax Credit financing with $3 million in historic tax credit equity, $1.8 million in Live Performance Infrastructure Tax Credit equity and $3 million in state CDBG dollars to fund the resoration of the iconic Joy Theatre.
In the wake of a successful legislative campaign strongly supported by Crescent Growth Capital, Louisiana Governor Bobby Jindal signed a four-year extension to the Louisiana State Historic Tax Credit Program.
Work has begun on realizing the adaptive re-use of the former Belleville School, completed in 1898. With a tax credit financing structured by Crescent Growth Capital, the Belleville Assisted Living Facility will provide 52 apartments for the elderly.