On April 16th, Wisconsin Governor Scott Walker signed a bill increasing the maximum amount of State Historic Credits that a prospective developer can generate from $500,000 to $3.5 million, providing an end to the recent chaos in equity markets that … Continued
By Jonathan Curry ((C)Tax Analysts 2018. All rights reserved.) The new tax law’s corporate-friendly changes welcomed by most businesses have left investors and brokers involved in the tax credit financing industry spinning. Not all tax credits are affected equally. Structural … Continued
Clocktower Tax Credits, LLC recently facilitated the transfer of the Pennsylvania Historic Preservation Tax Credits generated by the adaptive reuse of the former James Madison School in Scranton, PA by Greenspace Properties, LLC. The project entailed the adaptive reuse of … Continued
Florida Brownfields Tax Credit Program The Voluntary Cleanup Tax Credit (VCTC) Program was enacted in 1998 by the Florida Legislature to encourage participants to conduct voluntary cleanup of certain drycleaning solvent contaminated sites and brownfield sites in designated brownfield areas. … Continued
Clocktower Tax Credits, LLC, is pleased to report that the recently enacted “Tax Cuts and Jobs Act” has kept most of the previous provisions that support affordable housing creation and historic rehabilitation intact. Unfortunately, as noted below, credit pricing in … Continued