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Federal Historic Tax Credits
By Crescent Growth Capital, LLC on May 22, 2015
1111 Gravier Street, New Orleans, LA
A $42 million transformation of an abandoned commercial office building into the Troubadour Hotel, financed with $12 million of federal and state historic tax credits.
Posted in Past Projects | Tagged Adaptive Re-use, Federal Historic Tax Credits, Historic Preservation, Historic Rehabilitation, New Orleans, State Historic Tax Credits, Tax Credit Equity
By Crescent Growth Capital on April 30, 2015
New Orleans-based Ryan Gootee General Contractors received the Alliant Build America Award from the Associated General Contractors of America for their redevelopment of the former Myrtle Banks Elementary School building. Follow this link to read the more about the award and Ryan Gootee’s work at Myrtle Banks.
Posted in General, News Articles | Tagged Adaptive Re-use, Federal Historic Tax Credits, Fresh Foods, GO Zone, New Orleans, Non-profits, State Historic Tax Credits
By Crescent Growth Capital on April 20, 2015
On April 15, 2015, Myrtle Banks, New Orleans Military & Maritime Academy, Carver Theater, and the Tulane School of Social Work received the Louisiana Landmark Society’s Excellence in Historic Preservation award, which recognizes outstanding examples of restoration or rehabilitation of historic buildings. Click here to read the full announcement.
Posted in General, News Articles, Press Releases | Tagged Federal Historic Tax Credits, Historic Preservation, Historic Rehabilitation, State Historic Tax Credits
By Crescent Growth Capital on March 2, 2015
In FY 2014, the National Park Service approved 1,156 projects and $5.98Bn in rehabilitation work, creating an estimated 77,762 jobs. View full report here.
Posted in General, News Articles, Press Releases | Tagged Federal Historic Tax Credits, State Historic Tax Credits
By Crescent Growth Capital, LLC on October 3, 2014
425 O’Bannon Street, New Orleans, LA
An $18 million New Markets Tax Credit and $10 million federal and state historic tax credit financing to fund the construction of a new campus for the New Orleans Military and Maritime Academy, a public charter school in New Orleans.
Posted in Past Projects | Tagged Adaptive Re-use, BRAC, Education, Federal Historic Tax Credits, Historic Preservation, Historic Rehabilitation, New Markets Tax Credits, New Orleans, Non-profits, Public-Private Partnerships, State Historic Tax Credits
By Crescent Growth Capital, LLC on December 19, 2013
2831 Chartres Street, New Orleans, LA
A $12.5 million NMTC, $14 million QZAB and $20 million federal and state HTC financing to provide a cutting-edge educational facility aimed at nurturing the creative arts.
Posted in Past Projects | Tagged Adaptive Re-use, CDEs, Federal Historic Tax Credits, Historic Preservation, Historic Rehabilitation, New Markets Tax Credits, New Orleans, Non-profits, Post-Katrina Recovery, State Historic Tax Credits, Tax Credit Equity, Tax Credit Investors
By Crescent Growth Capital, LLC on November 1, 2013
On Wednesday, a groundbreaking ceremony marked the beginning of the 12-month construction of the new NOCCA Forum.
Posted in General, News Articles, Press Releases | Tagged Adaptive Re-use, Education, Federal Historic Tax Credits, Historic Preservation, Historic Rehabilitation, New Markets Tax Credits, New Orleans, Non-profits, State Historic Tax Credits, Tax Credit Equity, Tax Credit Investors
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