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San Francisco, CA (PRWEB) November 20, 2015

The Novogradac Journal of Tax credit these days introduced the winners of the 2015 traits of big difference Awards, which acknowledge remarkable fulfillment within the building of residences using the low-profits housing tax credit score (LIHTC), and/or tax credit developments the usage of U.S. department of Housing and urban development (HUD) financing. winning houses and their building groups shall be honored in a ceremony on the Novogradac Tax credit developers conference, Jan. 8-9, 2015 on the Mandarin Oriental Miami in Miami, Fla.

“onerous-working families and people across the united states have a safe and reasonably priced location to call house because of the work accomplished through our 2015 trends of Distinctions Awards honorees,” mentioned Susan Wilson, CPA, convention chairwoman and partner in Novogradac’s Austin, Texas office. “We’re pleased to recognize their accomplishments and to focus on the importance of the low-profits housing tax credit score in building and preserving our nation’s affordable housing inventory.”

trends of big difference Awards winners and honorable mentions were recognized in 4 categories:

LIHTC building that perfect Exemplifies major community influence

    Winner: Fairfax Intergenerational Housing
o    Developer: Western Reserve Revitalization management & company and Fairfax Renaissance construction enterprise

o    proprietor: Fairfax Intergenerational Housing LP

o    place: Cleveland, Ohio

    Honorable mention: Columbus college apartments
o    Developer: The Woda group Inc.

o    proprietor: Columbus college LP

o    location: Baltimore, Md.

    Honorable point out: Victory Gardens
o    Developer: women’s Institute for Housing and economic development

o    proprietor: ladies’s Institute for Housing and financial building

o    area: Newington, Conn.

LIHTC construction that best reflects Market Success in Overcoming important obstacles

    Winner: Murphy Lane
o    Developer: Rosedale enterprise

o    owner: Murphy Lane LP

o    area: Holly Springs, pass over.

    Honorable mention: Schmidt Artist Lofts
o    Developer: Dominium

o    owner: St. Paul Leased Housing pals IV LP

o    region: St. Paul, Minn.

LIHTC development that best Demonstrates financial Innovation

    Winner: Charlesview Residences
o    Developer: The community Builders Inc.

o    owner: Charlesview Housing limited Partnership

o    vicinity: Brighton, Mass.

    Honorable mention: wooded area Park residences and Silver Springs apartments
o    Developer: Delphi reasonably priced Housing staff and Strategic Housing Finance organization of Travis County

o    owner: FP reasonably priced Housing LP and SS inexpensive Housing LP

o    region: Austin, Texas

    Honorable point out: Pana Towers
o    Developer: S.E. Clark and co-workers Inc.

o    owner: Hanon LP

o    vicinity: Pana, ill.

LIHTC construction that best possible Preserves existing reasonably priced condominium Housing

    Winner: Park Manor Estates
o    Developer: Schuett building LLC

o    proprietor: Park Manor Estates II LP

o    vicinity: Detroit Lakes, Minn.

    Honorable point out: The Aeolian
o    Developer: Brownstone affordable Housing Ltd.

o    owner: Aeolian Senior apartments LP

o    place: Vicksburg, pass over.

tendencies honored were placed in service in 2015 or 2015. extra data on the traits of big difference Awards will also be found at

in addition to the tendencies of distinction Awards, the Novogradac Journal of Tax credit conducts a couple of awards programs designed to recognize excellence in group development, historical preservation and renewable vitality. Nominations for every application are open 12 months-spherical and extra information may also be discovered at

The Novogradac Journal of Tax credits provides information, diagnosis and commentary on the affordable housing, new markets, renewable power and ancient rehabilitation tax credit. This complete month-to-month publication options columns written through business specialists, Q&As on technical tax credit issues, features about tax credit score tendencies and extra, all informed by way of Novogradac and company’s more than 25 years of experience.

Novogradac commenced operations in 1989, and the allied group of Novogradac firms has considering the fact that grown to greater than 500 employees and partners with places of work in San Francisco and lengthy seaside, 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; ny, N.Y.; Portland, Ore.; Naples, Fla. and Chicago, ill. area of expertise practice areas include tax, audit and consulting services and products for tax-credit score-assisted multifamily and inexpensive housing, community revitalization, rehabilitation of ancient residences and renewable energy traits.

For more information about the Novogradac Journal of Tax credit developments of difference Awards, please contact Teri Baker at (415) 356-7995 or with the aid of e-mail at Teri(dot)Baker(at)novoco(dot)com.