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Structuring project financing to incorporate tax credit equity.
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Browse: Home / Adaptive Re-use

Adaptive Re-use

Myrtle Banks

Myrtle Banks

By Crescent Growth Capital, LLC on May 17, 2013

1307 Oretha Castle Haley Boulevard, New Orleans, LA
A $13.8 million adaptive re-use, employing New Markets Tax Credits and federal and state historic tax credits to transform a historic, yet blighted school facility into a community hub and fresh foods retailer.

Posted in Past Projects | Tagged Adaptive Re-use, Community Development Block Grants, Federal Historic Tax Credits, Healthcare/Wellness, Historic Preservation, Historic Rehabilitation, New Markets Tax Credits, New Orleans, Public-Private Partnerships, State Historic Tax Credits

Carver Theater

Carver Theater

By Crescent Growth Capital, LLC on November 15, 2012

2101 Orleans Avenue; New Orleans, LA
A $5.5 million QEI, leveraged with federal and state historic tax credits and state live performance infrastructure tax credits, to renovate an historic New Orleans theater.

Posted in Past Projects | Tagged Adaptive Re-use, Community Development Block Grants, Federal Historic Tax Credits, Historic Preservation, Historic Rehabilitation, Live Performance Tax Credits, New Markets Tax Credits, Post-Katrina Recovery, State Historic Tax Credits

Daughters of Charity Health Centers

Daughters of Charity Health Centers

By Crescent Growth Capital on December 30, 2011

1030 Lesseps Street & 3201 S. Carrollton Avenue; New Orleans, LA
A $14 million NMTC and state historic tax credit transaction to fund two health care clinics to be operated as Medical Homes targeting the underserved working poor.

Posted in Past Projects | Tagged Adaptive Re-use, Healthcare/Wellness, Historic Preservation, Historic Rehabilitation, New Markets Tax Credits, New Orleans, Non-profits, State Historic Tax Credits

Joy Theater

Joy Theater

By Crescent Growth Capital, LLC on October 31, 2011

1200 Canal Street; New Orleans, LA
A $5 million NMTC and federal and state HTC financing integrating eight discrete funding sounces to pay for a $12 million rehabilitation of a historic post-WWII movie palace in Downtown New Orleans.

Posted in Past Projects | Tagged Adaptive Re-use, Cultural Economy, Federal Historic Tax Credits, Historic Preservation, Historic Rehabilitation, Live Performance Tax Credits, New Markets Tax Credits, New Orleans, Post-Katrina Recovery, Public-Private Partnerships, State Historic Tax Credits

St. Margaret’s Daughters Home

St. Margaret’s Daughters Home

By Crescent Growth Capital on September 8, 2011

301 N. Jeff Davis Pkwy; New Orleans, LA
A permanent nursing home facility – Phase I of the redevelopment of the former Mercy Hospital – to replace the Lower 9th Ward structure destroyed by Katrina. Funding sources include FEMA reimbursements, state historic tax credits, New Markets Tax Credits and CDBG dollars.

Posted in Past Projects | Tagged Adaptive Re-use, Healthcare/Wellness, Historic Preservation, Historic Rehabilitation, New Markets Tax Credits, New Orleans, Non-profits, Public-Private Partnerships, State Historic Tax Credits

Downtown New Orleans’ Joy Theatre to be restored

By Crescent Growth Capital, LLC on July 16, 2011

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.

Posted in News Articles | Tagged Adaptive Re-use, Cultural Economy, Federal Historic Tax Credits, Historic Preservation, Historic Rehabilitation, New Markets Tax Credits, New Orleans, Post-Katrina Recovery, Public-Private Partnerships | Leave a response

Jindal signs four-year extension of Louisiana Historic Tax Credit program

By Crescent Growth Capital, LLC on July 7, 2011

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.

Posted in News Articles | Tagged Adaptive Re-use, Cultural Economy, Historic Preservation, Historic Rehabilitation, Louisiana Cultural Districts, Post-Katrina Recovery, State Historic Tax Credits | Leave a response

Former Belleville School to become apartments for the elderly

By Crescent Growth Capital, LLC on June 6, 2011

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.

Posted in News Articles | Tagged Adaptive Re-use, Federal Historic Tax Credits, Healthcare/Wellness, Historic Preservation, Historic Rehabilitation, New Markets Tax Credits, New Orleans, Post-Katrina Recovery, State Historic Tax Credits | Leave a response

Belleville Assisted Living Facility

Belleville Assisted Living Facility

By Crescent Growth Capital, LLC on May 18, 2011

813 Pelican Avenue; New Orleans, LA
A $12.7 million New Markets Tax Credit financing incorporating federal and state historic tax credit equity to fund a 53-unit, 55,000 SF assisted living facility within a disused former public school in the Algiers National Register Historic District.

Posted in Past Projects | Tagged Adaptive Re-use, Federal Historic Tax Credits, Healthcare/Wellness, Historic Preservation, Historic Rehabilitation, New Markets Tax Credits, New Orleans, Post-Katrina Recovery, State Historic Tax Credits | Leave a response

The New Orleans Healing Center

The New Orleans Healing Center

By Crescent Growth Capital on May 2, 2011

2372 St. Claude Avenue; New Orleans, LA
An $11 million community retail center to provide a venue for economic advancement, spiritual progress and shared cultural space, funded with federal and state New Markets Tax Credits, federal and state historic tax credits and city and state CDBG dollars.

Posted in Past Projects | Tagged Adaptive Re-use, Federal Historic Tax Credits, Healthcare/Wellness, Historic Preservation, Historic Rehabilitation, New Markets Tax Credits, New Orleans, Post-Katrina Recovery, Public-Private Partnerships, Social Services, State Historic Tax Credits

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Adaptive Re-use Alabama State NMTC Alexandria CDEs Community Development Block Grants Cultural Economy Dallas Education Federal Historic Tax Credits Federal NMTCs Fresh Foods GO Zone Healthcare/Wellness Historic Preservation Historic Rehabilitation Houston Illinois State NMTCs Jackson Lafayette Live Performance Tax Credits Logistics/Warehousing/Transport Louisiana Cultural Districts Maine Manufacturing Medically-Underserved Area Mixed Use Nebraska Nebraska State NMTC New Markets Tax Credits New Orleans Non-profits North Carolina Oregon Post-Katrina Recovery Project Sponsors Public-Private Partnerships Renewable Energy San Antonio Social Services State Historic Tax Credits State New Markets Tax Credits Tax Credit Equity Tax Credit Investors USDA Food Desert Virginia

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  • National Trust for Historic Preservation
  • New Markets Tax Credit Coalition

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201 St. Charles Avenue
Suite 4205
New Orleans, LA 70170
(504) 378-3470

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