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
By Crescent Growth Capital, LLC on April 11, 2011
618 Live Oak Street; San Antonio, TX
A $4.65 million facility renovation for metro San Antonio’s foremost institution ministering to at-risk teen parents and parents to-be.
Posted in Past Projects | Tagged Education, New Markets Tax Credits, Non-profits, San Antonio, Social Services
By Crescent Growth Capital, LLC on April 11, 2011
An innovative shared space housed within a former furniture store in New Orleans’ Faubourg Marigny, the New Orleans Healing Center approaches its opening day, eleven months after Crescent Growth Capital executed the financial closing.
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, Public-Private Partnerships, State Historic Tax Credits |
By Crescent Growth Capital, LLC on March 30, 2011
1936-38 Magazine Street; New Orleans, LA
A $7.5 million financing incorporating NMTCs and federal and state historic tax credits, among other sources, to fund a new health clinic located in the Lower Garden District neighborhood of New Orleans.
Posted in Past Projects | Tagged Adaptive Re-use, Federal Historic Tax Credits, Healthcare/Wellness, Historic Preservation, Historic Rehabilitation, Louisiana Cultural Districts, New Markets Tax Credits, New Orleans, Non-profits, Public-Private Partnerships, Social Services, State Historic Tax Credits
By Crescent Growth Capital, LLC on February 25, 2011
Crescent Growth Capital applauds the selection of eight Louisiana-based Community Development Entities by the U.S. Treasury as recipients of nearly ten percent of the total allocation authority awarded in the CDFI Fund’s 2010 Round.
Posted in News Articles | Tagged CDEs, New Markets Tax Credits, Post-Katrina Recovery
By Crescent Growth Capital, LLC on February 9, 2011
With CGC-structured financing plans coalescing, now to include New Markets and state historic tax credit equity along with FEMA funding, St. Margaret’s Daughters Home predicts a 2012 opening for Phase I of the redevelopment of the former Mercy Hospital/Lindy Boggs Medical Center.
Posted in News Articles | Tagged Adaptive Re-use, Healthcare/Wellness, Historic Preservation, Historic Rehabilitation, New Markets Tax Credits, New Orleans, Non-profits, Post-Katrina Recovery, State Historic Tax Credits