The 234 Apartment

NASHVILLE – Officially known as the Low- Income Housing Tax Credit Program administered by the Tennessee Housing Development Agency , an initiative that could have brought up to three housing developments to Sevier County resulted in none of the three proposals being selected for awards of tax credits. Had any of the three proposals been approved, the development would have represented the first time since 2012 that a multifamily housing development in Sevier County received state allocations in the form of tax credits from the agency. Proposals for tax credits were made in February by private developers across Tennessee for either the construction of new units or the rehabilitation of existing units. On Tuesday, THDA released the results of its ranking system for projects proposed across the state. Michael Blade, THDA's director and assistant legal counsel for multifamily development , verified that none of the three projects proposed for Sevier County made the cut. "N...

* Press release… Gov. Bruce Rauner today signed Senate Bill 1783 , bipartisan legislation that extends the River Edge Redevelopment Zone tax credit program . The tax credit program has helped preserve historic buildings and grow local economies in the five communities where the credit is applicable: Aurora, East St. Louis, Elgin, Peoria and Rockford. “This program has already been a huge success,” Gov. Rauner said. “The River Edge Redevelopment Zone Program helps stimulate the state’s economy and the local economies where the program is available. It’s an important tool for municipalities to utilize to spur economic development while saving and restoring historic buildings , and it’s the right move to extend this program through Dec. 31, 2021, so these communities can continue to grow and prosper.” The redevelopment program is credited with creating a $10 return for every $1 of credit, and a series of success stories have materialized as a result of the program. For example, the...

pleaded guilty to a hate crime after defacing a Loop synagogue with swastikas in February." /> Stuart Wright, 32, pleaded guilty to a hate crime after defacing a Loop synagogue with swastikas in February. View Full Caption Chicago Police Department COOK COUNTY CRIMINAL COURTHOUSE — The man who defaced a Downtown synagogue with swastika stickers in February has been sentenced to mental health treatment and 200 hours of community service. Stuart Wright, 32, will also be required to enroll in a one- year rehabilitation program at Life After Hate, a Near West Side nonprofit devoted to combating violent extreme -right movements. Wright must pay the organization $3,500, court records show . That's in addition to the $4, 500 Cook County Judge Vincent Gaughan ordered Wright to pay the Chicago Loop Synagogue at 16 S. Clark St. Wright earlier this month pleaded guilty to a hate crime after smashing a window at the Downtown synagogue on Feb. 4 before defacing the buildin...