The New Market Tax Credit Program (NMTC) was established by Congress in 2000 to spur new or increased investments into operating businesses and real estate project located in low-income communities. The NMTC Program attracts investment capital to low-income communities by permitting individual and corporate investors to receive a tax credit against their Federal income tax…
DetailsThe Bo Diddley Community Plaza has just been closed for a year-long renovation project that will give the public space a fresh look and new features for people to enjoy once it eventually reopens. The plaza officially closed March 1, forcing any homeless people who were staying there as well as the weekly Union Street…
DetailsMichael Mitchell, the event coordinator for the Civil War re-enactment Raid on the Suwannee, informed the Live Oak Community Redevelopment Agency of the success of last year’s event during a recent CRA meeting. Mitchell said he was able to return money back to the CRA, per an agreement, and received a lot of positive feedback…
DetailsAVON PARK – It has now been over a year and a month since the vote was taken to officially pursue grants in an effort to beautify and upgrade the blight while bringing back the positive vibrancy of its yesteryear. Jan. 8, 2014, the five-member Avon Park Southside Community Redevelopment Agency (CRA) voted unanimously to…
DetailsBRADENTON — The future of Bradenton’s community redevelopment agencies may depend on who controls the money. A prolonged debate between Bradenton officials broke out Wednesday morning over the future of the four city CRAs, including the 14th Street West CRA, Central Community Redevelopment Agency in East Bradenton, Bradenton CRA and the Bradenton Downtown Development Authority,…
DetailsA fragment of rare pine rockland is not a slum — for the time being, anyway. Miami-Dade County Commissioner Dennis Moss said Tuesday he was indefinitely postponing a plan to declare land around Zoo Miami blighted to help pay for a Disney-style theme park while he worked out a better way to balance environmental concerns…
DetailsThe company that owns and runs the largest mall in America wants to build an even bigger one in northwestern Miami-Dade, a roughly 200-acre entertainment complex with submarines, a Legoland, sea lions and an artificial ski slope. Backed by the owner of Minnesota’s Mall of America, American Dream Miami is proposed for land at the…
DetailsSEBRING – A two-year artistic journey came to a close Tuesday for Michigan sculptor Ray Katz as “Stargazer” glided onto a concrete pad at downtown’s Centennial Park. The 600-pound sculpture made of welded and fabricated aluminum is one of nine artistic pieces on display for viewing as part of the 2015 Downtown Sebring CRA Sculptures…
DetailsINVERNESS — Merriam-Webster defines blight as something that spoils the appearance or completeness of a thing. Urban blight is an area in a “damaged or worsened condition,” according to the dictionary. Then there is the Inverness City Council’s definition of blight, as spelled out in a resolution passed this week: A condition detrimental to the sound…
DetailsDELAND — An Orlando-based developer — which recently opened a beachside hotel in Daytona Beach Shores — has bought an old building with plans of turning it into downtown DeLand’s only large hotel. Avista Hotels & Resorts has purchased the Gould Building at 308 N. Woodland Blvd. for $900,000 in a transaction that closed Thursday.…
DetailsCarmike Cinemas opened a new 12-screen theater Friday along U.S. 1, bringing the movies back to New Smyrna Beach for the first time in almost a year. The city’s old movie complex, the Beacon 12, had been open at 1401 S. Dixie Freeway in the New Smyrna Beach Shopping Center since 1995, but closed in…
DetailsDELAND — An Orlando-based developer — which recently opened a beachside hotel in Daytona Beach Shores — has bought an old building with plans of turning it into downtown DeLand’s only large hotel. Avista Hotels & Resorts has purchased the Gould Building at 308 N. Woodland Blvd. for $900,000 in a transaction that closed Thursday. The…
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