By Crescent Growth Capital on December 30, 2011
1030 Lesseps Street & 3201 S. Carrollton Avenue; New Orleans, LA
A $14 million NMTC and state historic tax credit transaction to fund two health care clinics to be operated as Medical Homes targeting the underserved working poor.
Posted in Past Projects | Tagged Adaptive Re-use, Healthcare/Wellness, Historic Preservation, Historic Rehabilitation, New Markets Tax Credits, New Orleans, Non-profits, State Historic Tax Credits
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
By Crescent Growth Capital on September 8, 2011
301 N. Jeff Davis Pkwy; New Orleans, LA
A permanent nursing home facility – Phase I of the redevelopment of the former Mercy Hospital – to replace the Lower 9th Ward structure destroyed by Katrina. Funding sources include FEMA reimbursements, state historic tax credits, New Markets Tax Credits and CDBG dollars.
Posted in Past Projects | Tagged Adaptive Re-use, Healthcare/Wellness, 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 July 16, 2011
After more than two years of work, CGC will team a $5 million New Markets Tax Credit financing with $3 million in historic tax credit equity, $1.8 million in Live Performance Infrastructure Tax Credit equity and $3 million in state CDBG dollars to fund the resoration of the iconic Joy Theatre.
Posted in News Articles | Tagged Adaptive Re-use, Cultural Economy, Federal Historic Tax Credits, Historic Preservation, Historic Rehabilitation, New Markets Tax Credits, New Orleans, Post-Katrina Recovery, Public-Private Partnerships |
By Crescent Growth Capital, LLC on July 7, 2011
In the wake of a successful legislative campaign strongly supported by Crescent Growth Capital, Louisiana Governor Bobby Jindal signed a four-year extension to the Louisiana State Historic Tax Credit Program.
Posted in News Articles | Tagged Adaptive Re-use, Cultural Economy, Historic Preservation, Historic Rehabilitation, Louisiana Cultural Districts, Post-Katrina Recovery, State Historic Tax Credits |
By Crescent Growth Capital, LLC on June 6, 2011
Work has begun on realizing the adaptive re-use of the former Belleville School, completed in 1898. With a tax credit financing structured by Crescent Growth Capital, the Belleville Assisted Living Facility will provide 52 apartments for the elderly.
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, State Historic Tax Credits |
By Crescent Growth Capital, LLC on May 18, 2011
813 Pelican Avenue; New Orleans, LA
A $12.7 million New Markets Tax Credit financing incorporating federal and state historic tax credit equity to fund a 53-unit, 55,000 SF assisted living facility within a disused former public school in the Algiers National Register Historic District.
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, State Historic Tax Credits |
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
