In recognition of immediate past Chairman of the Board of Directors Irvin Henderson’s many years of devoted and invaluable service to the organization, as well as his deep commitment to investing and strengthening underserved communities, the Board of Directors passed a resolution at the October meeting to rename the NTCIC HTC/NMTC Main Street Small Deal Fund the “Irvin Henderson Main Street Revitalization Fund.”
This innovative program provides below market tax credit financing through the New Markets and Historic Tax Credit programs to historic properties located in economically distressed Main Street communities.
Elected to NTCIC’s Board in 2002, Mr. Henderson is responsible for the development of a substantial number of projects in affordable housing, commercial development and enterprise development nationwide. As the President of Irvin M. Henderson & Co., a leading real estate and finance consulting firm, he has advised NTCIC’s board in the areas of community development, collaboration, reinvestment and project design.
NTCIC’s investor in the fund lauded the change. “As the federal historic and New Markets Tax Credit investor in NTCIC’s Main Street Small Deal Fund, U.S. Bancorp Community Development Corporation is delighted that the fund has been renamed to honor Irvin Henderson, NTCIC’s longstanding Chairman,” says Laura Vowell, Director of Business Development, New Markets and Historic Tax Credit Investments. “Mr. Henderson has a true passion for revitalization in distressed Main Street communities which aligns with our aspiration for the impact of [the program].”
To learn more about the Irvin Henderson Main Street Revitalization Fund, Read More >