Edsons celebrate Low Income Housing Tax Credit developments at the forefront of creating stronger, healthier communities in urban, suburban and rural areas nationwide
WASHINGTON ― The Affordable Housing Tax Credit Coalition announced today the winners of the 22nd annual Charles L. Edson Tax Credit Excellence Awards (Edsons), today at the U.S. Capitol Visitor Center in Washington, D.C.
Presented to the most outstanding Low Income Housing Tax Credit (Housing Credit) properties in seven categories, the Edsons convene each year on Capitol Hill members of Congress, businesses and organizations to celebrate Housing Credit developments at the forefront of creating stronger, healthier communities in urban, suburban and rural areas nationwide.
The Housing Credit is America’s primary tool for creating and preserving affordable housing, financing nearly all of the affordable rental homes, nearly 3 million nationwide, since it was signed into law by President Ronald Reagan.
“The Edsons recognize the Housing Credit’s ability to strengthen lives, communities and the economy,” said Anthony J. Alfieri, president of the Affordable Housing Tax Credit Coalition. “Congratulations to this year’s winners and honorable mentions. They exemplify how vital the Housing Credit is as the primary source of financing for affordable housing in every city, county and state, and remind us why it must be expanded to meet America’s growing demand for affordable rental housing.”
This year a panel of four judges selected the following first-place winners and eleven honorable mentions across seven categories for the highly competitive awards.
Winner: Lamar Station Crossing, Lakewood, CO
Honorable Mentions: Parkside Studios, Sunnyvale, CA; Wiley Plaza, Hutchinson, KS
“As a sustainable, high-quality community located near public transportation, Lamar Station is the ultimate goal in affordable housing,” said Rep. Ed Perlmutter (D-CO-07). “Lamar Station serves as a national model for housing programs and the importance of expanding and improving access to housing for working families. Congratulations on this well-deserved honor.”
Winner: Murphy Lane, Holly Springs, MS
Honorable Mentions: Granite Ridge, Kennett Township, PA; The Gateway, Fremont, MI
“This is a Mississippi success story,” said U.S. Senator Roger Wicker (R-MS). “Rosedale Corporation did an admirable job of leveraging local private dollars and federal assistance to provide new affordable housing opportunities in Holly Springs. I am pleased that this project has received its due national recognition.”
Special Needs Housing
Winner: Pearl House, Lancaster, OH
Honorable Mentions: Veterans for Tomorrow, Providence, RI; Jacob Brown Green Bay Veterans Manor, Green Bay, WI
“Through the Low Income Housing Tax Credit, Pearl House is doing an outstanding job of getting addicts into recovery, getting them back to work, and helping to keep families together,” said Rep. Steve Stivers (R-OH-15). “Congratulations on this well-deserved honor and to everyone involved in making Pearl House a resource for strengthening our community.”
Winner: Myrtle Terrace, Gainesville, GA
Honorable Mention: Panola Gardens, Lithonia, GA
“Myrtle Terraces is a great example of the Low Income Housing Tax Credit being used to enable local partners to create affordable housing for Georgia’s seniors,” said U.S. Senator Johnny Isakson (R-GA). “I commend the many public and private partners who joined together to provide for seniors in our community on receiving this well-deserved, national recognition.”
Winner: 409 Cumberland, Portland, ME
Honorable Mention: Birch Hills Apartment Homes, Brea, CA
“I am pleased that 409 Cumberland has received the Edson Award in recognition of its environmentally-friendly design and its focus on healthy living,” said U.S. Senator Susan Collins (R-ME). “I am a longtime supporter of the Low Income Housing Tax Credit, which makes developments like 409 Cumberland possible and helps provide affordable housing for thousands of Maine families. I congratulate the public and private partners behind 409 Cumberland for their commitment to affordable housing and on receiving this impressive award.”
“This development is a key piece in the ongoing revitalization of Bayside that provides seniors, young adults, families, formerly homeless individuals, and adults with special needs a safe and healthy place to call home,” said U.S. Rep. Chellie Pingree (D-ME-01). “And it was the Low Income Housing Tax Credit that made this development possible. Congratulations to all of the partners involved on this well-deserved national honor.”
Winner: The Oaks at Park Pointe, Griffin, GA
Honorable Mention: Gwendolyn Place, Chicago, IL
Winner: Garden Oaks Tower, New Orleans, LA
Honorable Mentions: Stanton Oaks, Atlanta, GA; Historic South End, Boston, MA
The Edsons are named for Charles L. Edson, an affordable housing luminary who was Transition Director for the U.S. Department of Housing and Urban Development (HUD) on President Carter’s Transition Staff. Mr. Edson served in the Office of the General Counsel at HUD and was for nearly 40 years Co-Editor-in-Chief of Housing and Development Reporter. He is a founding partner of the law firm Lane and Edson, and was later a partner of Nixon Peabody LLP.