In early 2021, the finishing touches were put on the rehabilitated Bell Laboratories building in Holmdel, New Jersey. Completed using historic tax credit (HTC) equity, the project, which focused on adapting the former research and development facility into a mixed-use complex, took approximately seven years to complete and encompassed the entirety of the nearly 2-million-square-foot […]
In the mid-2000s, initial work began on the rehabilitation of the former Colt Armory and manufacturing complex in Hartford, Connecticut. After 15 years and three separate historic tax credit (HTC) projects, the 17-acre site consisting of eight-rehabilitated buildings was officially completed. Read more here.
When the Sinclair building opened its doors for business in 1930, the 16-story Art Deco office building was a pioneer in bringing modern 20th-century amenities to Fort Worth, Texas. Read more about it here.
Main Street is a major component of commercial life in America. The new legislation encourages the rehabilitation of these buildings to revitalize our Main Streets and add new chapters to their stories.
HTCs and NMTC serve as excellent complements to one another, seeking to accomplish shared goals and providing flexibility in funding to developers that pair them. Read the full article here.
In many of the more than 8,700 opportunity zones (OZs) in the US, historic buildings or buildings that are potentially eligible for historic designation, are ripe for development. This article features Interviews with three experts who are versed in paring OZs and HTCs. Read the full article here.
Last November, we conducted the first in an interview series with Patrick Robertson of Confluence Government Relations, who leads the Historic Tax Credit Coalition (HTCC) government relations effort.
Constructing Workforce Housing utilizing HTCs provides developers the opportunity to close the financing gap while maintaining rent requirements. Read more here.
An unlikely pair: read this article about how the redevelopment of public housing provides opportunities for historic incentives.
This article provides a retrospective on the industry over the past forty years and discusses the role of the historic tax credit in economic revitalization post-COVID. Read more here.
This year’s election may have a large impact on the future of HTCs. Our interview with Patrick Robertson of the Historic Tax Credit Coalition helps shed some light on what to expect soon. Check out the article to find out more.
The 4 Percent LIHTC and the Changing Landscape: An Interview with Thom Amdur of the National Housing Rehabilitation Association
In this month’s article, We discuss how COVID-19 has brought attention to the critical need for more affordable housing, providing an opportunity to reframe the vision of affordable housing to include repurposed buildings. Read the full article here.