Mark Fogarty • 8 min read
Financing complex community development projects can take a lot of time and a whole lot of funding sources.
Mark Fogarty • 7 min read
A $32 million renovation of an old courthouse in Lexington, KY, using both State and Federal Historic Tax Credits, has converted an 120-year-old structure into a beautiful multi-use boon to downtown redevelopment – and also righted a spectacular architectural fail from 50 years ago when a beautiful interior dome was sealed off and turned into an HVAC closet.
Mark Fogarty • 8 min read
A new and disturbing trend in homelessness was taking over in Jacksonville, FL at the beginning of this decade.
Mark Olshaker • 9 min read
When the Coffelt-Lamoreaux public housing project was built in 1953 for veterans returning from the Korean War and migrant seasonal agricultural workers, its 38-acre site on the southwest corner of Buckeye Road and 19th Avenue was considered country by locals and wasn’t even within the Phoenix, AZ city limits.
Mark Fogarty • 5 min read
What strategies can developers use for successful affordable housing preservation of tax credit properties that have hit the 15-year mark with negative equity?
Mark Fogarty • 6 min read
New Markets Tax Credits (NMTCs) can make a big difference in bolstering rural development and preventing manufacturers from fleeing to greener pastures.
Mark Olshaker • 9 min read
Journalists and social commentators often decry the shame of homelessness by ironically invoking the image of people living on the street in this land of plenty within sight of the Washington Monument, or the Empire State Building, the Space Needle or the TransAmerica Pyramid.
Mark Fogarty • 7 min read
The people at the Special Olympics of Georgia obviously expect their $5.6 million new facility, financed with the help of New Markets Tax Credits, to last. They are planning to fill a time capsule to be opened there 50 years from now.
Mark Olshaker • 8 min read
On August 15, 2017, in the presence of government leaders, financing partners and local residents, the community health organization, CrescentCare, broke ground on its new health campus at 1631 Elysian Fields Avenue in New Orleans.
Mark Fogarty • 8 min read
The revitalization of Downtown Toledo was one of the big aims of ProMedica’s $60 million revamp of an old steam plant there, a project which received both State and Federal Historic Tax Credits. It seems to be working, as apartments in the district now have become the hottest ticket in the city.
Mark Olshaker • 7 min read
“Given the need for more Affordable Assisted Living, Wallick Communities decided to bring its 50 years of affordable housing expertise together with its 30 years of assisted living experience to create The Ashford: our Affordable Assisted Living community.”
Mark Olshaker • 7 min read
“There are things that are planned, and then there are the calls in the middle of the night,” is the way Kevin Rose describes his role as director of asset management for the Wishrock Group, the Portland, ME-based company that specializes in preserving affordable and workforce housing apartment complexes.