San Francisco, CA (PRWEB) September 25, 2013
Novogradac & Company LLP is proud to announce the winners of the Novogradac Journal of Tax Credit’s 6th Annual Community Development Awards. The Community Development Awards honor individuals and organizations for excellence and special achievement in the field of community development. Awards will be presented before hundreds of community development entities (CDEs), investors and other development professionals at the Novogradac New Markets Tax Credit Conference on Oct. 10 in New Orleans.
“This year’s honorees demonstrate how the new markets tax credit program continues to play a pivotal role in strengthening the economic vitality of our nation’s distressed communities,” says Michael J. Novogradac, managing partner of Novogradac & Company LLP. “I congratulate the winners and look forward to celebrating their contributions to their communities at the upcoming New Markets Tax Credit Conference.”
The Community Development Awards, previously administered by the Novogradac Community Development Foundation, recognize individuals who have significantly contributed to the advancement of community development policy and legislation, and CDEs that have made exceptional qualified low-income community investments (QLICIs). Among the QLICIs that have been honored are investments in small businesses, operating businesses and real estate in metro and non-metro areas.
Individual award winners have made a strong impact in the community development field by assisting in the advancement of policy and legislative priorities at the local, state and federal levels. This year’s award-winning individuals are:
The winning QLICIs were chosen for their vision and commitment to creating positive change and have made substantial economic contributions to low-income communities. The winning investments and their supporting CDEs are:
Metro QLICI of the Year:
Non-Metro QLICI of the Year
Operating Business QLICI of the Year
Real Estate QLICI of the Year
Small Business QLICI of the Year
The Novogradac Journal of Tax Credits is a national monthly publication read by affordable housing, community development and renewable energy professionals who turn to its pages for industry news and commentary. The Novogradac Journal of Tax Credits covers the low-income housing tax credit, property compliance, valuation, tax-exempt housing bonds, new markets tax credit, renewable energy tax credit, historic tax credits and HUD programs.
For further information on the Novogradac Journal of Tax Credits or the Community Development Awards, please contact Teri Baker at teri.baker(at)novoco(dot)com.