Clocktower Tax Credits, LLC attended Mercy Housing Lakefront’s Moving Forward Together event in October and was honored to be among the recipients of the Wintrust Partners in Innovation Award. The award was given for our help in facilitating the sale … Continued
In November 2019, California governor Gavin Newsom signed into law Senate Bill 451, which authorizes a new State Historic Tax Credit, providing a supplement to spur historic preservation and development alongside the Federal Historic Tax Credit. The program, which will … Continued
Small Historic Tax Credit (HTC) Project Legislation May Be Coming Soon In many cities across the country, a single historic renovation project can be the catalyst to launch a citywide revitalization. The federal HTC Program created by Congress in 1976 … Continued
McCrory Senior Apartments, a 62-unit elderly apartment complex developed by Brinshore Development in the Near West Side of Chicago, recently won an award at the Illinois Governor’s Conference in February for it’s creative financing structure allowing multiple donations to the … Continued
In April, Hawaii’s state legislature approved the creation of a new statewide Historic Tax Credit, helping provide an additional layer of financial support to historic preservation in the state, along with the Federal Historic Tax Credit. The program is set … Continued