McCormack Baron Salazar

National Leaders in Urban Redevelopment and Neighborhood Transformation Share Best Practices and Trends for 2023

Retrieved on: 
Tuesday, November 29, 2022

FORT MYERS, Fla., Nov. 29, 2022 /PRNewswire/ -- Some of the country's most influential leaders in urban redevelopment and neighborhood transformation will meet in Fort Myers for a convening of Choice Neighborhood Initiative Planning and Implementation grantees.

Key Points: 
  • FORT MYERS, Fla., Nov. 29, 2022 /PRNewswire/ -- Some of the country's most influential leaders in urban redevelopment and neighborhood transformation will meet in Fort Myers for a convening of Choice Neighborhood Initiative Planning and Implementation grantees.
  • The conference titled,Choice MEANS Choice: Anchoring Equity and Culture,will be held from November 30 December 2 at the Luminary Hotel.
  • Leaders in government, education, neighborhood transformation, business, urban redevelopment, non-profit and more will share best practices and trends for 2023.Some of the topics addressed will include:Strategies of Economic Mobility, Affordable Housing of the Future, Youth Violence and Community, Wealth Creation and Systems Change, Proactive Alignment and Trust-Building, Housing Stability,and more.
  • Founded in 1978, the organization is leading people efforts and neighborhood transformation in 23 cities and 40 neighborhoods across the nation.

Atlanta Housing Selects Master Developer for Former Bowen Homes Revitalization

Retrieved on: 
Thursday, October 27, 2022

In December 2020, HUD awarded a Choice Neighborhoods Planning Grant to AH to create a Neighborhood Transformation Plan (NTP) for the revitalization of the former Bowen Homes and the Brookview Heights neighborhood, the adjacent Carey Park, and segments of James B. Jackson Parkway and Donald Lee Hollowell Parkway--collectively referred to as the Bowen Choice Neighborhood. The BCN is located in NPU-G, Council District 9.

Key Points: 
  • ATLANTA, Oct. 26, 2022 /PRNewswire/ --The AH Board of Commissioners today authorized Atlanta Housing to negotiate a master developer agreement with a joint venture, Bowen District Developers, for the redevelopment of the 74-acre Bowen Homes site.
  • "I'm excited that Atlanta Housing has identified a development partner and can now pursue the catalytic Choice Neighborhood grant.
  • Atlanta Housing and the City of Atlanta will further work with Atlanta Public Schools on the revitalization of the A.D. Williams school site as part of the redevelopment.
  • View original content to download multimedia: https://www.prnewswire.com/news-releases/atlanta-housing-selects-master-...
    SOURCE HOUSING AUTHORITY OF CITY OF ATLANTA; Atlanta Housing

Rhino Health USA, Inc. Closes $58 million New Markets Tax Credit Financing

Retrieved on: 
Friday, July 29, 2022

Fort Worth-based Rhino Health USA, Inc. today announced the closing of a $58 million New Markets Tax Credit (NMTC) transaction that will help fund the companys $200 million investment for its large-scale manufacturing expansion in North Texas.

Key Points: 
  • Fort Worth-based Rhino Health USA, Inc. today announced the closing of a $58 million New Markets Tax Credit (NMTC) transaction that will help fund the companys $200 million investment for its large-scale manufacturing expansion in North Texas.
  • We are pleased to close on this important tax credit transaction that will allow us to fully build-out our Fort Worth expansion, said Mark Lee, CEO of Rhino Health USA, Inc.
  • U.S. Bancorp Community Development Corporation, the community investment and tax credit division of U.S. Bank, is participating as the NMTC investor.
  • About the New Markets Tax Credit Program: The New Markets Tax Credit (NMTC) program was established by Congress in 2000 and incentivizes community development and economic growth through the use of Federal tax credits that attract private investment to distressed communities.

April Housing Takes Bold Action to Preserve Affordable Housing at Recently Acquired Missouri Property

Retrieved on: 
Thursday, March 10, 2022

By taking this step, April is ensuring that these units remain affordable and rents are not raised to market rates.

Key Points: 
  • By taking this step, April is ensuring that these units remain affordable and rents are not raised to market rates.
  • Vince Bennett, CEO of Missouri-based national affordable housing developer McCormack Baron, noted, In all my years in affordable housing, Ive never seen anyone withdraw a qualified contract.
  • April Housing, a Blackstone Real Estate portfolio company, is a leading provider of solutions and capital for the preservation and creation of high-quality affordable housing in the United States.
  • Centered around best-in-class management services, April Housing prioritizes improving communities and supporting residents while expanding the available supply of affordable housing.

SVA Architects' Design for Sacramento's Mirasol Village Fully Entitled

Retrieved on: 
Monday, March 16, 2020

The Mirasol Village redevelopment joins SVA Architects' extensive portfolio of public housing developments, cultural institutions, and vibrant urban communities.

Key Points: 
  • The Mirasol Village redevelopment joins SVA Architects' extensive portfolio of public housing developments, cultural institutions, and vibrant urban communities.
  • Ernesto M. Vasquez, FAIA, CEO of SVA Architects, states, "Along with McCormack Baron Salazar, we hosted many community meetings with the local residents to develop the vision for Mirasol Village.
  • We're very proud of the master plan, incorporating the best of urban design and the goals of the community."
  • Like its Spanish 'sunflower' namesake, Mirasol Village will blossom into a bright, vibrant neighborhood full of vitality, hope, and new beginnings."

Marin LaMar Launches Website on All Things Real Estate, Business

Retrieved on: 
Thursday, October 4, 2018

Martin LaMar, a resident of Pittsburgh, Pennsylvania, looks forward to highlighting all things related to housing, as housing is a complex animal for both home buyers/sellers and investors alike.

Key Points: 
  • Martin LaMar, a resident of Pittsburgh, Pennsylvania, looks forward to highlighting all things related to housing, as housing is a complex animal for both home buyers/sellers and investors alike.
  • Through his website, LaMar looks forward to educating first-time homeowners and all that they need to know before signing on the dotted line.
  • LaMar, who currently serves as the Regional Vice President of real estate development and management company McCormack Baron Salazar, also plans to use the site to highlight business strategy development and organizational planning.
  • Other aspects of business about which he is passionate include people leadership, data analysis, multi-location operations, and budget oversight.