Firms that designed a distillery Downtown, a school in Crosstown and a new physicians’ office in Bartlett won the highest honors in the 2019 AIA Memphis Design Awards. A panel of judges from Richmond, Virginia, awarded nine of 48 submissions in this year’s architectural design awards organized by the Memphis chapter of the American Institute of Architects.
After years of vacancy, name changes, and collapsing ceilings, the Attucks still holds a special place in the collective memory of Norfolk’s community. Norfolk never forgot about its jewel of Church Street, though. The Attucks was added to the National Register of Historic Places in 1982, and a group of community leaders would form the Crispus Attucks Cultural Center Board to restore and revive the theater. Over the next decade, a monumental fundraising effort led by Father Joseph Green Jr. and Andrew Fine ultimately secured over $8 million. Historic Tax Credits were a key source of capital, netting $2.5 million. Matching funds from the city of Norfolk added nearly $3 million, while around $1.75 million came from private individuals and corporations.
Novogradac & Company - Published by Peter Lawrence on Monday, March 18, 2019 On March 12, House Ways and Means Committee Members Terri Sewell, D-Ala.; Tom Reed, R-N.Y.; Jason Smith, R-Mo.; and Senators Roy Blunt, R-Mo.; and Ben Cardin, D-Md., introduced the New Markets Tax Credit Extension Act of 2019 (H.R. 1680, S. 750). The identical companion bills would provide an indefinite extension of the new markets tax credit (NMTC), increase the annual allocation amount to a little more than $5 billion (see below for more details), annually adjust allocation authority to inflation, and provide alternative minimum tax relief to NMTC investors, putting the NMTC on equal footing with the low income housing tax credit (LIHTC) and the historic tax credit.
At a press conference earlier this month, First Place AZ, state leaders and The Precisionists, Inc. announced a landmark jobs initiative called the Phoenix Precision Project, with the goal of creating 500 new Arizona jobs for adults with autism over the next three to five years. First Place-Phoenix is a first of its kind, 81,000-square-foot property which houses independent living residential units, a transition academy and a training and leadership institute.
November 19, 2018 - Lucy May, DePaul Cristo Rey High School Preparing to Grow Enrollment with $20.2M Expansion Sponsored by the Sisters of Charity, DePaul Cristo Rey is part of a 35-school network across the U.S. committed to serving urban students who need the most affordable education possible. The key is an innovative work-study model that requires students to balance classes and part-time jobs.
Curbed, NY: Amy Plitt - Building 127 will undergo a transformation that will add 300 jobs. Hot on the heels of a new master plan that outlined the longterm future of the Brooklyn Navy Yard, the developers behind the onetime shipbuilding center’s transformation have announced the restoration of one of its historic structures. Building 127, located on Morris Avenue between Third and Fourth streets, will be renovated by S9 Architecture.
abc15: Jamie Warren PHOENIX - Thousands of children are diagnosed with autism every year, and one Valley woman is proving there's hope for those impacted by it. Denise Resnik is the founder of First Place Phoenix, apartment-style housing for those with special needs. For Resnik, its completion was a longtime dream. Her son, Matt, was diagnosed with autism 25 years ago. She said she was devastated when doctors told her he would be best in an institution.
Novogradac Journal of Tax Credits - QLICI of the Year Award Winners Show Diversity of NMTC Program From a creative-arts-focused, mixed-use development to a health care campus in an opioid-slammed community, from a fast-growing manufacturer in South Carolina to a fishery preserve on Native American property in Northern California, winners of the Novogradac Journal of Tax Credits Community Development QLICI of the Year awards for 2018 span the world of new markets tax credit (NMTC) investments.
Scott Lynch - It was 1941, America was throwing everything it had into prepping for the war, and the Brooklyn Navy Yard was frantic with activity. So frantic, in fact, that it took the Navy only five months to construct Building 77, a 16-story, one-million-square-foot command and supply center running operations for the entire North Atlantic fleet. Constructed with solid cast concrete, the massive structure housed mountains of supplies in the bottom, windowless two-thirds. The top third, which did have windows, served as offices. Two five-ton gantry-fed rail lines ran along the east-west axis of the building, and trains would roll in, load up, and continue on to ships waiting in the harbor.