The State legislature in Missouri has recently taken steps for the worse in both the state low-income housing tax credit and historic tax credit arenas. Recently, the legislature enacted SB 590, which pared back the total annual allocation of State … Continued
Film producers and industry professionals across the Commonwealth of Massachusetts, and across the country for that matter, are pushing the state legislature to remove the sunset date for Massachusetts Film Tax Credits. Over the years, supporters of the film tax … Continued
Worcester, Massachusetts – Housing Development Incentive Program (HDIP) Who knew when I contacted the principals of Kelley Square Lofts and the Worcester Public Market in 2017 to help them with their Housing Development Incentive Program (HDIP) tax credit financing, that … Continued
In January, Clocktower attended the groundbreaking ceremony for the rehabilitation of the former Ravenswood Hospital in Chicago. The project entails the adaptive reuse of the abandoned hospital to create 193 units of affordable housing for senior tenants. The site will … Continued
Miriam Apartments, developed by Mercy Housing Lakefront, has won a national award in the Preservation category by Affordable Housing Finance magazine. The project entailed the adaptive reuse of the historic Miriam building, which was a blighted structure in the Uptown … Continued