by Allison Kelly | Oct 23, 2009 | New Markets Tax Credits
The renovated Yonkers Pier, in Yonkers, New York, and its renowned restaurant, Peter Kelly’s X2O, were recognized on Thursday, October 22, 2009 by The Novogradac Community Development Foundation (NCDF) at its Second Annual Community Development Awards luncheon held in...
by Allison Kelly | Sep 24, 2009 | New Markets Tax Credits, Training
In cooperation with Congressman Brian Higgins’s (NY-D27), NDC’s David Trevisani taught a four-hour condensed session on the New Markets Tax Credit program. Practitioners, bankers and community partners from Buffalo and other local areas were in attendance. The...
by Allison Kelly | Jul 9, 2009 | New Markets Tax Credits
The National Development Council has closed $28.7 million, or roughly one third, of our Round VI New Markets Tax Credit Allocation, providing financing for four important community and economic development projects in three states. Community Counseling Center...
by Allison Kelly | Jul 8, 2009 | New Markets Tax Credits
Madison County, Illinois is facing a desperate need for increased mental health services, particularly for its low-income population. The National Development Council has been working with the County to obtain financing for the replacement / expansion of a mental...
by Allison Kelly | Jun 26, 2009 | New Markets Tax Credits
The long-awaited Mt. Hope Community Center in the Mt. Hope section of the Bronx celebrated its grand opening with a ribbon cutting ceremony on June 25. The learning and recreational facility for youth and adults, constructed on vacant lots, turned an eyesore into a...
by Allison Kelly | Jun 1, 2009 | New Markets Tax Credits
At a time when access to conventional financing is difficult to come by, a community celebration to kick off the groundbreaking for a new shopping center development in White Center, Washington understandably raises eyebrows. May 28 served as an auspicious day to...