Transactions
Mixed-Use Facility under construction
Posted on August 15, 2012
Posted in Transactions
Jazz@Walter Circle, a 4-story, mixed-use facility located in East St. Louis, IL, is currently under construction and is scheduled to be completed by November 2012. CWM attorney Delphine Carnes structured the New Markets Tax Credits (NMTC) financing for this innovative transaction which is the first to use HUD public housing funds as leveraged debt in […]
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CWM attorneys close on financing for biodiesel facility
Posted on August 15, 2012
Posted in Transactions
On August 2, 2012, CWM attorneys Delphine Carnes and Harriet Reynolds closed on a transaction using New Markets Tax Credits (NMTC) to help finance the operations of the Oswalt Bioenergy facility located in Lake Providence, Louisiana. CWM represented Hampton Roads Ventures, LLC (HRV), a Virginia-based Community Development Entity which used $8 million of its NMTC allocation […]
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CWM attorneys attend ribbon-cutting for Howard Theatre
Posted on April 15, 2012
Posted in Transactions
On April 9-10, 2012, attorneys Delphine Carnes and Harriet Reynolds attended the ribbon cutting ceremony and grand opening reception for the historic Howard Theatre located near the corner of 7th and T Streets in Washington, DC, a venue on the “Chitlin Circuit” known for launching the careers of many famous African-American performers. The Howard Theatre […]
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SKYPAC facility completed with NMTC financing
Posted on March 15, 2012
Posted in Transactions
The new Southern Kentucky Performing Arts Center (SKyPAC) located in Bowling Green, KY opened to the public in March 2012 after almost three years of planning, design and construction. CWM attorneys Delphine Carnes and Harriet Reynolds represented two of the four Community Development Entities (CDEs) involved in this New Markets Tax Credits (NMTC) transaction: Hampton […]
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CWM attorneys attend ribbon-cutting for new rural medical center
Posted on February 7, 2012
Posted in Transactions
On February 7, 2012, CWM attorneys Delphine Carnes and Harriet Reynolds attended the ribbon-cutting ceremony for the new Blue Ridge Medical Center located in Arrington, VA. CWM represented Virginia Community Capital, Inc. (VCC) in connection with the use of $8,445,000 of VCC’s New Markets Tax Credits allocation, combined with a grant provided by the Health […]
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