Novogradac Journal of Tax Credits Announces 2014 Historic Rehabilitation Awards Winners

Six Preservation Projects to be Honored at Novogradac Historic Tax Credit Conference

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SAN FRANCISCO (PRWEB) August 11, 2014

The Novogradac Journal of Tax Credits today announced the winners of the 2014 Historic Rehabilitation Awards, which recognize exceptional achievement in preservation using the historic rehabilitation tax credit (HTC). Winning projects and their development teams will be honored in a ceremony at the Novogradac Historic Tax Credit Conference, Sept. 18-19, 2014 at The Drake Hotel in Chicago, Ill.

“Recipients of the Historic Rehabilitation Awards represent some of the very best work in historic preservation,” said Michael J. Novogradac, CPA and managing partner of Novogradac & Company LLP. “We are pleased to commend their accomplishments and to spotlight the importance of the historic tax credit in revitalizing communities.”

Awardees were recognized in three categories:

Major Community Impact

  •     Winner: Building 90 of the Wake Forest Innovation Center
o    Developed by Wexford Science and Technology, a BioMed Realty Company
  •     Honorable Mention: Steeple View Lofts
o    Developed by Zamagias Properties

Overcoming Significant Obstacles

  •     Winner: Williamsburgh Savings Bank
o    Developed by Dome Voyagers LLC
  •     Honorable Mention: The Corona
o    Developed by Gulf Coast Housing Partnership and Mid City Redevelopment Alliance Inc.

Financial Innovation

  •     Winner: The Community Greens at Washington and Broad
o    Developed by Green Coast Enterprises
  •     Honorable Mention: Academy Lofts
o    Developed by Albany Housing Authority and Norstar Development USA

Developments eligible for consideration were placed in service in 2013 or 2014. Full descriptions of the winning developments can be found 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’s 25 years of experience.

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.; and Portland, Ore. 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 Historic Rehabilitation Awards, please contact Teri Baker at (415) 356-7995 or by email at Teri.Baker(at)novoco.com.


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