San Francisco, CA (PRWEB) May 22, 2014
The deadline to nominate developments for the second annual Novogradac Journal of Tax Credits Historic Rehabilitation Awards has been extended to June 12, 2014. The Historic Rehabilitation Awards honor outstanding achievement in historic preservation development and finance using the historic rehabilitation tax credit (HTC). Winners and honorable mentions will be recognized at an award ceremony during the Novogradac Historic Tax Credit Conference on Sept. 18 at The Drake Hotel in Chicago, Ill.
The Novogradac Journal of Tax Credits will accept nominations to identify and acknowledge historic preservation developments that demonstrate effective use of community resources and that serve as catalysts for further economic development.
“The Historic Rehabilitation Awards honor development teams that showcase how the historic rehabilitation tax credit can effectively address community needs and spur economic investment,” said Tom Boccia, CPA, conference chair and partner in Novogradac’s Cleveland office. “We look forward to recognizing achievements that ensure historic structures integral to our nation’s past will remain a part of our future.”
Nominations will be accepted in three categories:
- Historic Development that Best Exemplifies Major Community Impact
- Historic Development that Overcame Significant Obstacles
- Historic Development that Best Demonstrates Financial Innovation
Nominations must be submitted by June 12, 2014 and are open to all HTC developments that were placed in service in 2013 or 2014. A nominating entity may nominate multiple developments, and/or nominate developments for more than one category.
In addition to being honored in a ceremony at the Novogradac Historic Tax Credit Conference, winners and honorable mentions of the Novogradac Journal of Tax Credits Historic Rehabilitation Awards will receive:
- One complimentary entry to the conference to receive the award;
- Coverage of the project in the Novogradac Journal of Tax Credits;
- Copies of the Journal of Tax Credits to share with industry contacts; and
- Recognition on the Novogradac & Company website and YouTube channel, and in a national press release about the event.
Nomination materials and more details about the Novogradac Journal of Tax Credits Historic Rehabilitation Awards are available at http://www.novoco.com/awards/historic/index.php.
The Novogradac Journal of Tax Credits provides news, analysis and commentary on the affordable housing, new markets, renewable energy and historic rehabilitation tax credit industries. This comprehensive 80-page publication features columns written by industry experts, Q&As on technical tax credit issues, features about tax credit developments and more, all informed by Novogradac and Company LLP’s 25 years of experience on the front lines of the tax credit industry.
Novogradac & Company LLP began operations in 1989, and the allied group of Novogradac companies has since grown to more than 500 employees and partners with offices in San Francisco and Long Beach, Calif.; the Washington, D.C., Atlanta, Ga., Detroit, Mich., Kansas City, Mo. and Seattle, Wash. metro areas; St. Louis, Mo., Boston, Mass.; Austin, Texas; Dover, Columbus and Cleveland, Ohio; New York, N.Y.; and Portland, Ore. Specialty practice areas include tax, audit and consulting services for tax-credit-assisted multifamily and affordable housing, community revitalization and rehabilitation of historic properties. Other areas of expertise include military base redevelopment, preparation and analysis of market studies and appraisals of multifamily housing investments and renewable energy tax credits.
For further information about the Novogradac Journal of Tax Credits Historic Rehabilitation Awards, please contact Teri Baker at (415) 356-7995 or by email at Teri (dot) Baker (at) novoco (dot) com.