2009 Novogradac Community Development Foundation Community Development Individual Award Recipients
Federal Legislator of the Year
D - Mass.
Congressman Richard Neal is recognized for his contributions and strong impact on the field of community development. The New Markets Tax Credit industry is appreciative of his efforts on the behalf of the NMTC and other community development tax credit programs.
State Legislators of the Year
Michigan - 37th District
While in the Senate, Jason Allen has emerged as a leader by spearheading a number of statewide initiatives focused greatly on stimulating Michigan's economy and creating jobs. Initiatives have focused on tool and die manufacturing, venture capital investment, research and development, re-authorization of the Michigan Economic Growth Authority, and revitalizing cities and downtowns as locations for business investment and growth. Senator Allen has also had legislation enacted that allows religious studies and theology majors to receive state scholarships, and sponsored policy to allow for creative new ways to combat invasive species in our inland lakes.
As the Director of Public Policy of the Preservation League of New York State, I would like to nominate Assemblymember Hoyt for his extraordinary leadership, diligence and effectiveness in leading legislative advocacy in support of legislation this year that significantly expanded the New York State Rehabilitation tax credit programs, initially established in 2006.
Thanks to Assemblymember Sam Hoyt’s (D-Buffalo) sustained leadership in support of this legislation over the past three years, significant enhancements to the state rehabilitation tax credit program were signed into law by Governor David A. Patterson in late July.
The program enhancements expand New York State Rehabilitation Tax Credit programs for commercial (income-producing) and residential (owner-occupied) historic properties to more effectively serve community redevelopment and economic stimulus needs of municipalities throughout New York State while targeting new private and federal investment where it is most needed – our economically distressed downtowns and older commercial districts, main streets, and older residential neighborhoods. It will accomplish these goals in a fiscally-prudent manner, limiting both programs to economically distressed areas where reinvestment incentives are most appropriately targeted.
Public Executive of the Year