Winners of the 2024 Novogradac Journal of Tax Credits Developments of Distinction Awards have been announced.  

Winners include: 

  • Metropolitain Community Impact – 250 Centre, Boston, MA; Developer: The Community Builders, Inc. 
  • Rural Community Impact – Anglers Four Hundred, Steamboat Springs, CO; Developer: Overland Property Group 
  • Special Needs Population – Blue Oak Landing, Vallejo, CA; Developer: Eden Housing Inc. 
  • Preservation of Existing Affordable Rental Housing – 800 Southern Avenue Apartments, Washington, DC; Developer: Vesta Corporation 
  • Family Housing – Keystone Family Homes, Springfield, MO; Developer: Knight Development Co LLC 

Honorable mentions include: 

  • Metropolitan Community Impact – Peregrine, Minneapolis, MN; Developer: Schafer Richardson 
  • Rural Community Impact – Timber Ridge, La Grande, OR; Developers: Northeast Oregon Housing Authority and Community Development Partners 
  • Special Needs Populations – LAMP Lodge, Los Angeles, CA; Developer: Meta Housing Corporation 

Developments of Distinction being honored were placed in service between March 1, 2023, and March 1, 2024. 

Developments were judged on the following criteria: 

  • Had a meaningful impact on its community; 
  • Uniquely distinguished itself; 
  • Served as a major catalyst for further community development; 
  • Responded to community need(s); 
  • Established measurable benefits and success in meeting that/those needs; 
  • Employed the effective use of community resources; 
  • Formed effective community partnerships; 
  • Achieved its objectives; 
  • Instituted the use of innovative strategies and leveraged innovative financing in bringing benefits to its community; 
  • Demonstrated benefits that outweigh costs; and 
  • Set up successful strategies that can be repeated.