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State Historic Tax Credits
By Crescent Growth Capital on December 7, 2016
Kennedy Circle, San Antonio, TX 78235
A $6M NMTC financing construct a new School of Osteopathic Medicine for the University of the Incarnate Word.
Posted in General, Past Projects | Tagged Adaptive Re-use, CDEs, Education, Historic Rehabilitation, Medically-Underserved Area, New Markets Tax Credits, Non-profits, San Antonio, State Historic Tax Credits, Tax Credit Equity, Tax Credit Investors, USDA Food Desert
By Crescent Growth Capital, LLC on May 18, 2016
127 Elk Place, New Orleans, LA
A $4.5 million historic rehabilitation of the circa-1917 Elk Lodge #30 to accommodate a new home for Tulane University’s School of Social Work.
Posted in Past Projects | Tagged Historic Preservation, Historic Rehabilitation, New Orleans, Non-profits, State Historic Tax Credits, Tax Credit Equity
By Crescent Growth Capital, LLC on February 23, 2016
535 Tchoupitoulas Street, New Orleans, LA
A $33 million rehabilitation of six historic buildings, subsidized by an $11 million state historic tax credit financing generating nearly $2.8 million in tax credit equity.
Posted in Past Projects | Tagged Historic Preservation, Historic Rehabilitation, New Orleans, State Historic Tax Credits, Tax Credit Equity
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 31, 2014
2635 State Street, New Orleans, LA
A $6 million Fitness & Wellness Center received a combined New Markets Tax Credit and state historic tax credit subsidy of over $1 million, energizing Ursuline’s post-Katrina recovery.
Posted in Past Projects | Tagged Adaptive Re-use, CDEs, Historic Preservation, Historic Rehabilitation, New Markets Tax Credits, New Orleans, Non-profits, Post-Katrina Recovery, State Historic Tax Credits, Tax Credit Equity
By Crescent Growth Capital, LLC on October 15, 2014
6401 Freret Street, New Orleans, LA
A $5 million historic rehabilitation of the 9th-oldest continuously active basketball venue in the nation, financed with $1.2 million in state historic tax credits.
Posted in Past Projects | Tagged Historic Preservation, Historic Rehabilitation, New Orleans, Non-profits, State Historic Tax Credits, Tax Credit Equity
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