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.
Press Releases
National Park Service issues FY 2014 Annual Report for Federal Historic Tax Credit program
In FY 2014, the National Park Service approved 1,156 projects and $5.98Bn in rehabilitation work, creating an estimated 77,762 jobs.
Wells Fargo publishes Lime Wind Farm promotional video.
Special thanks to Wells Fargo for creating and sharing this video. To read more about Wells Fargo and their work on Renewable Energy and Tax Credit projects, please follow this link.
CDFI Announces 2013 NMTC Awards
Today, the CDFI released a list of the 87 entities awarded NMTC allocations for calendar year 2013.
NOCCA Forum Construction Commences with Festive Groundbreaking Ceremony.
On Wednesday, a groundbreaking ceremony marked the beginning of the 12-month construction of the new NOCCA Forum.
Crescent Growth Capital closes books on first calendar year; over $180 million in tax credit financings during the course of 2009
Capping off its first calendar year of operations, Crescent Growth Capital closed seven transactions in December 2009, representing $95 million of New Markets Tax Credits financings. These end-of-year transactions, executed on behalf of entities in both Texas and Louisiana, brought CGC’s full-year total to over $180 million of tax credit financings.
“We feel fortunate to have had the opportunity to execute tax credit equity transactions on behalf of so many worthy entities this past year,” remarked Managing Director Eric Finley. “That we’ve been able to decisively contribute to helping realize better health outcomes, improved educational opportunities, and more effective social service delivery says a lot for the skills deployed by my colleagues, our consultants and the other parties to these complicated transactions.”
“Closing New Markets financings requires long-term collaboration across disciplines, and the flexibility to bend first one way, then another in the interests of getting across the finish line,” added Director Ryan Kenter. “Make no mistake, it’s a challenging business – but it’s truly fulfilling work.”
For more information, visit www.crescentgrowthcapital.com