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Clocktower Tax Credits Traveling under COVID-19 Limitations

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The staff at Clocktower Tax Credits is excited to be traveling for business and back in their offices under a hybrid model during the current COVID-19 restrictions.  After being fully remote for 16 months, the staff began a one-day-a-week, in-office mode for the remainder of 2021.  Our associates are also traveling, as highlighted by our recent attendance at project ribbon-cutting ceremonies in Chicago, Illinois, and Holyoke, Massachusetts.

“It was amazing and weird to be back shaking hands and handing out business cards,” said President Jeff Jacobson about its recent celebration of the opening of 162 units of beautifully renovated affordable rental homes at Lyman Terrace.  “But our mission, and that of The Community Builders, has not missed a beat.  It just took a few months longer to get there.  And after the ten-year development process finally came to fruition, the short delay and the scramble for building materials seem like small bumps along the long road to success.”

In Chicago, Acquisitions Associate David Curtis accepted Mercy Housing Lakefront’s “Wintrust Partners in Innovation” Award for Clocktower’s participation in the development of the Carlton Apartments.  The event was also a hybrid, with state and local officials attending in person, and the event live-streamed to an audience of proud project consultants, financiers, agency officials, and community residents.  This was David’s fourth trip to the Midwest recently, where Clocktower has established a strong presence in the Low-Income Housing and Historic Rehabilitation Tax Credit market.

These public events represent examples of Clocktower’s re-engagement with our friends and clients in the tax credit industry.  Acquisitions Associate Sue Ellyn Idelson is participating in the hybrid annual conference of the Florida Brownfields Association, presenting on a panel discussing Florida Tax Credits in a session on “Recognizing Rehabilitation Resources in Your Real Estate” in a Zoom-only Fall meeting, and participating in person in the follow-up session to be held this Spring in Pensacola.  Sue Ellyn worked this Fall with a program-record 48 separate awardees of Florida Voluntary Cleanup Tax Credits (VCTCs) in assisting them in selling their credits.  The takeaway for our clients is that Clocktower has worked, is working, and will continue to work tirelessly to support them in all aspects of their Tax Credit needs.

To schedule a meeting or site visit with a Clocktower associate, or a phone call or Zoom session, please call Jeff Jacobson at (978) 823-0200, or email him at JJacobson@ClocktowerTC.com.