Category Archives: New Market Tax Credits
Dynamo stadium on track to open in May
BBVA Compass Stadium, the Houston Dynamo’s new digs currently under construction a few blocks from Minute Maid Park near U.S. Highway 59, is on schedule and on budget, according to Dynamo President Chris Cannetti. Read more on the Houston Business … Continue reading
Texas Community Development Capital (TxCDC) is pleased to announce it has allocated $5 million of New Market Tax Credits to LifeWorks Austin

Texas Community Development Capital (TxCDC) is pleased to announce it has allocated $5 million of New Market Tax Credits to LifeWorks Austin for their new $10 million dollar, 31,000 square-foot building which will help LifeWorks expand its mental health, education … Continue reading
TxCDC and Waveland Community Development Allocates $10.5 Million New Market Tax Credits to Houston Dynamo Stadium

TxCDC and Waveland Community Development are pleased to announce that it has allocated $10.5 million in New Market Tax Credits to the Houston Dynamo Stadium, located in Houston, Texas. The new Dynamo stadium will be a state-of-the-art; open-air stadium designed … Continue reading
TX CDC and Waveland Community Development Allocates $31 Million New Market Tax Credits to University of the Incarnate Word School of Optometry

In the next few years, the 50,000 square foot School of Optometry will contribute an additional 150 jobs to San Antonio area. Today the School contains two large lecture halls, academic and clinical research laboratories, a school library, break-out/study rooms, … Continue reading
TX CDC and Waveland Community Development Allocates $45 Million New Market Tax Credits to Mills Building, El Paso, Texas

The newly renovated Mills Building has created a pedestrian-friendly ground floor and striking new facade, that will surely draw each walker to stop and marvel at its splendor. The 12-story, 138,000 square foot structure dates back to 1911, when it … Continue reading
Demand up 26 Percent for New Markets Tax Credits
August 4, 2011 314 Applications Received Requesting $26.7 Billion Washington, DC – The U.S. Treasury Department’s Community Development Financial Institutions Fund (CDFI Fund) announced today that it received a total of 314 applications under the 2011 round of the New … Continue reading
