NNMF Awards

2015 “Non-Metro QLICI of the Year”

Novogradac Journal of Tax Credits
BLUEOAK RESOURCES INC.(Osceola, AR)

  • NNMF Investment: $15 million
  • Electronic scrap recycling facility which recycles a total of 35,000 tons of electronic waste per year
  • Sustainable technologies mine high value precious metals from e-waste as an energy efficient alternative to mining virgin ore.
  • Diverts e-scrap currently exported to developing countries, such as Guiyu, China as the second most polluted site in the world.
  • Creates 75 jobs in rural Osceola, AR which faces 44.3% poverty and 12.7% unemployment.

 

Michigan Renewable Carbon

2014 “Small Business of the Year”

Honorable Mention
Novogradac Journal of Tax Credits

MICHIGAN RENEWABLE CARBON(Gwinn, MI)

  • NNMF Investment: $20 million
  • Facility producing 4,000 tons per year of activated carbon and 4,000 tons per year of thermal carbon, a replacement fuel for coal.
  • Located on the rural former Sawyer Air Force Base in Gwinn, a Michigan Renaissance Zone. 
  • Supports the local forestry industry and demonstrates high tech companies can successfully operate in Michigan’s remote northern region. 

 

Nucleus Building

2013 Commercial Real Estate “Deal of the Year” and “Project: Office”

Louisville Business Journal
NUCLEUS INNOVATION CENTER (Louisville, KY)

  • NNMF Investment: $15 million
  • First of 4 buildings that will comprise the Nucleus Innovation Park
  • Leased to innovative companies in the technology and healthcare industries
  • Nucleus will further enhance Louisville’s status as a national and international hub for the wellness and aging care industry

  

2013 “Best Operating Business QLICI of the Year”

Honorable Mention
Novogradac Journal of Tax Credits
SAN ANTONIO LIGHTHOUSE FOR THE BLIND (San Antonio, TX)

 

  • NNMF Investment: $12.7 MM
  • Rehabilitation services for 6,000 blind and visually impaired individuals each year
  • Second largest manufacturing operation in San Antonio, employing 500 workers
  • First free low-vision clinic in San Antonio
  • Created the first Blind Youth Program in Texas
  • Part of the South Side Rejuvenation Program

 

 

2012 “Metro QLICI of the Year”
Honorable Mention

Novogradac Community Development Foundation 
SAN ANTONIO FOOD BANK (San Antonio, TX)

  • NNMF Investment: $15 MM
  • Non-profit receives and stores donated food, fresh produce, and other groceries in an area with 20.5% poverty and high food insecurity
  • Distributes to over 500 independent partner agencies that help people in need
  • Operates programs to help people escape poverty and encourages better nutrition
  • Provides food to 58,000 people each week

 

 

Haven for Hope

2011 “Special Housing Award”
(recognizes shelter for under-served populations)
American Institute of Architects
HAVEN FOR HOPE (San Antonio, TX)

 

  • NNMF Investment: $15 MM
  • Mission: to provide training, skills and assistance for homeless to become self-sufficient
  • Two years researching best practices to become a national model
  • Revitalizes 37 acres in a San Antonio, TX
  • 78 Partner agencies – 145 functional services
  • Reducing energy consumption: Energy Star® Roofs, double pane/low E glass, and high-efficiency HVAC

 

 

King Edward

2010 “Developments of Distinction Award in Historic Rehabilitation”
Novogradac Journal of Tax Credits
KING EDWARD and STANDARD LIFE (Jackson, MS)

 

  • NNMF Investment: $15 MM
  • Highly Distressed Neighborhood in downtown Jackson, MS
    53.5% Poverty, 21.1% Unemployment
  • Redeveloped historically significant hotel vacant for more than 40 years
  • Incorporated sustainability in design, construction and operations
  • Contaminated site in a Hurricane Katrina/FEMA Disaster Area
  • Will incorporate alternative energy generation

 

 

Argonaut Building

2009 “Best Real Estate QLICI of the Year” Award
Novogradac Community Development Foundation
ARGONAUT BUILDING (Detroit, MI)

 

  • NNMF Investment: $7.5 MM
  • Historic rehabilitation of a vacant GM facility into a mixed-use educational facility
  • Located in downtown Detroit, MI
  • College of Creative Studies’ expansion campus
  • Arts and design middle- and high school, serving an estimated 900 students annually
  • Targeting LEED Certification for Existing Buildings
  • Will incorporate alternative energy generation

 

 

Second Line Stages

2009 “Practitioner’s Showcase” Award
Council of Development Finance Agencies
SECOND LINE STAGES (New Orleans, LA)

 

  • NNMF Investment: $6 MM
  • The first green, full service media production facility in the nation
  • New construction and historic warehouse restoration
  • Will provide apprenticeship and skilled employment opportunities for local residents and educational programs for at-risk youth
  • Targeting LEED Silver Certification

 

 

2009 “Best Metro QLICI of the Year” Award
Novogradac Community Development Foundation
PLAZA ADELANTE (San Francisco, CA)

 

  • NNMF Investment: $9 MM
  • Redeveloped existing warehouse into a multi-tenant nonprofit center
  • Located in San Francisco’s Mission District
  • Houses approximately 10 nonprofits
  • One-stop service delivery center to meet low-income residents’ financial, legal, health and supportive service needs
  • Targeting LEED Certification for Existing Buildings

 

 

2008 “Best Metro QLICI of the Year” Award
Novogradac Community Development Foundation
MERCY CORPS HEADQUARTERS (Portland, OR)

 

  • NNMF Investment: $7.5 MM
  • New construction and rehabilitation of the historic 4-story Skidmore Fountain Building
  • Developed more than 80,000 sq. ft.
  • Home of Mercy Corps Global Headquarters offices, Mercy Corps Action Center, Mercy Corps Northwest and The Lemelson Foundation
  • LEED Platinum Certified