SAN FRANCISCO (PRWEB) July 18, 2014
Nominations are now being accepted year-round for the annual Novogradac Journal of Tax Credits Developments of Distinction Awards. The awards were created to recognize excellence and honor outstanding affordable rental housing properties developed using the low-income housing tax credit (LIHTC). Nominations for the 2014 Developments of Distinction Awards will be accepted until Sept. 4, 2014. Winners and their development teams will be honored in a ceremony at the Novogradac Tax Credit Developers Conference, Jan. 8-9, 2015, in Miami Beach, Fla.
“The Low-Income Housing Tax Credit program is one of the most important tools we have to build and preserve affordable housing in this country,” said Susan Wilson, conference chair and partner in Novogradac’s Austin, Texas office. “We look forward to receiving nominations for this year’s Developments of Distinction Awards so that we can continue to honor and showcase the incredible work accomplished through strong public and private partnerships.”
Affordable rental properties will be evaluated for the 2014 Developments of Distinction Awards in the following categories:
- LIHTC development that best exemplifies major community impact
- LIHTC development that best reflects market success in overcoming significant obstacles
- LIHTC development that best demonstrates financial innovation
- LIHTC development that best preserves existing affordable rental housing
Nominations for 2014 awards are open to all developers with LIHTC transactions closed in 2013 or 2014. A nominating entity may nominate multiple developments, and/or suggest nominations for more than one category. Judges will determine to which category the nominated entity is best suited.
- One complimentary entry to the conference to receive the award;
- Coverage of the property 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 Developments of Distinction Awards are available at http://www.novoco.com/awards/developments_of_distinction.
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’s 25 years of experience on the front lines of the tax credit industry.
Novogradac 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.; Portland, Ore.; and Naples, Fla. Specialty practice areas include tax, audit and consulting services for tax-credit-assisted multifamily and affordable housing, community revitalization, rehabilitation of historic properties and renewable energy developments.
For more information about the Novogradac Journal of Tax Credits Developments of Distinction Awards, please contact Teri Baker at (415) 356-7995 or by email at Teri.Baker(at)novoco(dot)com.