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New Orleans Office
201 St. Charles Avenue
Suite 4205
New Orleans, LA 70170
(504) 378-3470
Dallas Office
13355 Noel Road
Suite 1100
Dallas, TX 75240
(214) 746-5065
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.
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.
Enabled by a New Markets Tax Credit transaction structured in 2009 by Crescent Growth Capital, Lakeview Grocery’s opening marks a crucial milestone in the post-Katrina recovery of New Orleans’ Harrison Avenue commercial corridor.
2800 Desire Parkway; New Orleans, LA
A new $7 million environmentally-responsible, state-of-the-art Head Start early childhood education and pre-natal care facility.
801 Harrison Avenue; New Orleans, LA
A $6 million grocery store for New Orleans’ recovering Lakeview neighborhood.