Brad Stanhope profiles ASREF’s investment to redevelop and reopen the historic St. James Hotel in Selma, Alabama. The hotel, which opened in February 2021, is the only full-service hotel in Selma and is located at the foot of the Edmund Pettus Bridge, a National Historic Landmark that marks the site of the “Bloody Sunday” civil rights march. To read the full article in the Novogradac Journal of Tax Credits, click here: Opportunity Zones, HTCs Help Finance Key Hotel Near Site of ‘Bloody Sunday’ Events.

National New Markets Fund Invests $20 Million in New Markets Tax Credit Financing to Support Upgrade of American Cast Iron Pipe Company Manufacturing Operations in Birmingham, AL
Allocation Helps Finance $285 Million Project to Replace Single Cupola Furnace with Four Electric Induction Furnaces, Cutting Emissions While Boosting Capacity
