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 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
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 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
By Crescent Growth Capital on May 25, 2009
127 S. Roach Street; Jackson, MS
An $18 million adaptive re-use of a historic structure in downtown Jackson, funded with New Markets Tax Credits and historic tax credits, among other sources.
Posted in Past Projects | Tagged Adaptive Re-use, Federal Historic Tax Credits, Historic Preservation, Historic Rehabilitation, Jackson, Mixed Use, New Markets Tax Credits, State Historic Tax Credits
By Crescent Growth Capital on December 5, 2008
Louisiana Lieutenant Governor Mitch Landrieu unveils the Louisiana Cultural Districts Initiative, significantly broadening the geographical reach of Louisiana State Historic Tax Credits, among other benefits.
Posted in News Articles | Tagged Cultural Economy, Louisiana Cultural Districts, Post-Katrina Recovery, State Historic Tax Credits |