Once known as “the finest hotel in the Rio Grande Valley,” Brownsville’s historic El Jardin Hotel sat vacant for more than three decades before an ambitious redevelopment brought it back to life. Today, the landmark has been transformed into much-needed affordable housing through a more than $30 million investment and a creative capital stack combining […]
El Jardin’s Transformation, Preserving a Roadside Landmark, and more
As construction costs continue to challenge affordable housing developments, HTCs are becoming an increasingly valuable financing tool. In this month’s Novogradac Journal of Tax Credits, Heritage President Cindy Hamilton examines how one developer used HTCs to generate more than $260 million in equity for the rehabilitation of Edenwald Houses in the Bronx, a historic public […]
What does it take to bring a century-old grand hotel back to life? In the latest edition of Novogradac’s Historic Tax Credit Tool Box, Heritage Consulting Group President Cindy Hamilton explores the remarkable rehabilitation of San Antonio’s historic Gunter Hotel. Supported by federal and state historic tax credits, the $57 million project transformed the iconic […]
From roaring twenties glamour to a carefully orchestrated modern revival, Cindy Hamilton’s latest Historic Tax Credit Tool Box article in the Novogradac Journal of Tax Credits explores the remarkable rehabilitation of Milwaukee’s iconic Hotel Schroeder—now the Hilton Milwaukee City Center. The piece dives into how a nearly century-old Art Deco landmark was thoughtfully refreshed using HTCs, balancing […]
What do a 19th-century apartment building, a 1920s high-rise, and a 600+ unit public housing campus have in common? A financing strategy that made all three possible. In this month’s Historic Tax Credit Tool Box article in the Novogradac Journal of Tax Credits, President Cindy Hamilton takes a closer look at how twinning Historic Tax Credits […]
In the March 2026 Historic Tax Credit Tool Box article in the Novogradac Journal of Tax Credits, Cindy Hamilton discusses how the iconic Mai-Kai restaurant, a Polynesian-themed restaurant near Fort Lauderdale that opened in 1956, was brought back to life after a nearly $20 million rehabilitation supported in part by historic tax credit (HTC) equity. The […]
HTCs for Unique Landmarks, St. Anthony Hospital’s Legacy of Care, and more
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