USDA Food Desert
By Crescent Growth Capital on December 28, 2017
725 Howard Ave, New Orleans, LA
A $19 million federal NMTC financing to renovate the long-vacant ArtWorks building into a state-of-the-art culinary and hospitality training facility aimed at addressing New Orleans’ shortage of trained kitchen and hotel workforce.
Posted in Past Projects | Tagged Fresh Foods, Healthcare/Wellness, Historic Preservation, Historic Rehabilitation, New Markets Tax Credits, New Orleans, Non-profits, Public-Private Partnerships, Tax Credit Equity, Tax Credit Investors, USDA Food Desert
By Crescent Growth Capital on September 6, 2017
3677 Mapleshade Lane, Plano, TX 75075
A $24 million federal NMTC financing to construct the 200,000 SF Northern Distribution Center as part of the Stop Hunger Build Hope Capital Campaign, which is aimed providing meals to the 16% of North Texas residents who are at risk of hunger or hunger-related ailments.
By Crescent Growth Capital on December 15, 2016
San Antonio, TX
A $6 million NMTC financing to renovate The Neighborhood Place, supporting and expanding its already extensive list of vital community services.
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 on November 2, 2016
A $9.5 million NMTC financing to construct the first phase of the Cristo Rey Dallas College Prep high school facility in Pleasant Grove.
By Crescent Growth Capital on July 20, 2016
A $6 million federal NMTC financing to construct an 11, 150 SF volunteer activity and food distribution center in a USDA-designated Food Desert.
By Crescent Growth Capital on April 12, 2015
1 Cloverleaf Drive, Monmouth, IL
A stacked $10 million Illinois state and $14 million federal NMTC financing to build a refrigerated warehouse and distribution center that creates 150 new jobs and increases access to healthy foods in a USDA-designated Food Desert.
By Crescent Growth Capital, LLC on April 25, 2014
1155 West Grand Avenue, Decatur, IL
An $8 million Federal NMTC financing to build a new full-service grocery store in USDA-designated Food Desert.