Longwell Riess Client - AMCREF Community Capital -partners with U.S. Bancorp Community Development Corporation to provide $10 million NMTC financing to IntegriCo Composites
Longwell Riess client AMCREF Community Capital partners with U.S. Bancorp Community Development Corporation to provide $10 million of new markets tax credits financing to IntegriCo Composites. The financing will be used to expand IntegriCo’s operation of a manufacturing facility in Sarepto, Louisiana for the fabrication and manufacture of composite railway crossties and construction matting using recycled plastics. Longwell Riess attorneys Megan Riess and Chelsea Fitzgerald represented AMCREF in the transaction.
Longwell Riess Client - GCHP - continues Housing + Health developments at The Pearl in Jackson, MS
Longwell Riess client Gulf Coast Housing Partnership continues its housing + health developments at The Pearl in Jackson, Mississippi. The $28 million project utilized low-income housing tax credits and new markets take credits for an affordable housing and health care facility for seniors. Kelly Longwell, Ben Guider and Chris Wootten represent GCHP on the transaction.
Longwell Riess Client - GCHP- partners to develop $80 million commercial project of old Brown’s Dairy site in New Orleans, LA
Longwell Riess client Gulf Coast Housing Partnership partners with Alembic Community Development to develop an $80 million residential and commercial project on the site of the old Brown's Dairy in New Orleans, Louisiana. The development will include 192 units of affordable housing as well as a health care and community facilities. Financing included low-income housing tax credits, new markets tax credits, community development loans and commercial debt. Kelly Longwell, Megan Riess, and Ben Guider represented the developer in the transaction.