Community Development QLICIs of the Year Awards

The Novogradac Journal of Tax Credits Community Development QLICIs of the Year Awards recognize community development entities (CDEs) that made exceptional qualified low-income community investments (QLICIs) in the past year.

CDEs are nominated for accomplishments in the categories listed below:

  • Metro: The QLICI must have been made in a project located in a metropolitan area as defined by the CDFI Fund.
  • Non-Metro: The QLICI must have been made in a project located in a non-metropolitan area as defined by the CDFI Fund.
  • Operating Business: The QLICI must have been made in a project occupied exclusively by the primary tenant with more than 50 employees.
  • Real Estate: The QLICI must have been made in entities whose predominant business activity is the development (including construction of new facilities and rehabilitation/enhancement of existing facilities), management or leasing of real estate.
  • Small Business: The QLICI must have been made in a project occupied exclusively by the primary tenant with 50 or fewer employees.

Metro QLICI of the Year

2023

  • Winner: DC Central Kitchen's Klein Center for Jobs and Justice
    CDE: Chase New Markets Corporation
    CDE: CAHEC New Markets
    CDE: The Reinvestment Fund
  • Honorable Mention: HFCC Support Corporation – Towne Twin Village

2022

  • Winner: Destination Crenshaw
    CDE: USBCDE, LLC
    CDE: Lendistry
    CDE: Building America CDE, Inc.
    CDE: New Markets Support Company (LISC LA)
  • Honorable Mention: Marygrove Education Center

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

  • Winner: Urban Health Plan
    CDE: ESIC New Markets Partners Limited Partnership, Nonprofit Finance Fund, Stonehenge Community Development, LLC
  • Honorable Mention: San Antonio Food Bank
    CDE: National New Markets Fund, Texas Mezzanine Fund

2011

2010

2009

2008

Non-Metro QLICI of the Year

2023

  • Winner: Lauderdale Community Hospital
    CDE: USBCDE LLC
    CDE: DV Community Investment, LLC
    CDE: Hope Enterprise Corporation
  • Honorable Mention: United Health Services Mountain Youth Academy

2022

2021

  • Winner: Lakota Tech
    CDE: USBCDE, LLC
    CDE: Dakotas America, LLC
  • Honorable Mention: Coastal Growers LLC

2020

  • Winner: Tippah County Hospital
    CDE: HOPE Enterprise Corporation
    CDE: MuniStrategies
    CDE: Capital One
    CDE: Three Rivers CDE

2019

2018

2017

  • Winner: Williams Sausage
    CDE: Stonehenge Community Development
    CDE: Chase New Markets Corporation
    CDE: Community Impact Fund
    CDE: Empowerment Reinvestment Fund (TruFund)
    CDE: Pacesetter CDE

2016

2015

2014

2013

2012

2011

2010

  • Winner: Goodnews Bay Seafoods
    CDEs: Travois New Markets
    CDE: Waveland Community Development
    CDE: NCB Capital Impact
  • Honorable Mention: Rex Lumber
    CDE: AMCREF Community Capital
    CDE: Waveland Ventures

2009

2008

Operating Business QLICI of the Year

2023

  • Winner: Santa Cruz Community Health Centers Live Oak Health Clinic
    CDE: Primary Care Development Corporation
    CDE: HEDC New Markets
  • Honorable Mention: Advanced Cutting Solutions

2022

  • Winner: Coffee Café Bakery
    CDE: The Rose Urban Green Fund
    CDE: DV Community Investment
  • Honorable Mention: Petoskey Plastics

2021

2020

2019

  • Winner: Flex-N-Gate Detroit
    CDE: Stonehenge Capital
    CDE: DV Community Investment
    CDE: HEDC/National Development Council
    CDE: National New Markets Fund/Strategic Development Solutions
    CDE: Wells Fargo Community Development

2018

2017

  • Winner: Detroit Manufacturing System
    ​CDE: Stonehenge Community Development
    CDE: Consortium America
    CDE: Building America CDE
    CDE: Community Reinvestment Fund
  •  

2016

2015

  • Winner: Winston Plywood & Veneer
    CDE: MuniStrategies LLC
  • Honorable Mention: Atlantic Healthy Foods
    CDE: ESIC New Markets Partners Limited Partnership
    CDE: Urban Action Community Development LLC
    CDE: Consortium America LLC
    CDE: The Valued Advisors Fund LLC
    CDE: United Fund Advisors LLC

2014

  • Winner: Recleim SC LLC
    CDE: AMCREF Community Capital LLC
    CDE: SunTrust Community Development Enterprises LLC
  • Honorable Mention: Alabama Aircraft Support LLC
    CDE: MuniStrategies LLC
    CDE: Stonehenge Community Capital LLC

2013

2012

2011

  • Winner: Stinger Welding Inc.
    CDE: Montana Community Development Corporation
  • Honorable Mention: Baldinger Bakery
    CDE: Community Reinvestment Fund, USA
    CDE: Port Authority of the City of St. Paul, Minn.

2010

2009

2008

Real Estate QLICI of the Year

2023

  • Winner: The Freelon at Sugar Hill
    CDE: Cinnaire New Markets, LLC
    CDE: PNC Community Partners, Inc.
    CDE: Building America CDE
    CDE: Michigan Community Capital
  • Honorable Mention: Goodwill Opportunity Campus

2022

2021

  • Winner: Salt City Market (SCM)
    CDE: The Rose Urban Green Fund, LLC
    CDE: Chase New Markets Corporation
  • Honorable Mention: New Market West

2020

  • Winner: 683 Northland
    CDE: Building America CDE
    CDE: National Trust Community Investment Corporation

2019

2018

2017

2016

2015

  • Winner: Crosstown Concourse
    CDE: Low Income Investment Fund
    CDE: Mid-City Community CDE
    CDE: DV Community Investment LLC
    CDE: SunTrust Community Development Enterprises LLC
    CDE: MidWest Renewable Capital
    CDE: National Trust Community Investment Corporation
  • Honorable Mention: Remington Row Phase I
    CDE: ESIC New Markets Partners Limited Partnership
    CDE: Low Income Investment Fund
    CDE: Banc of America CDE

2014

  • Winner: Triangle Plaza Hub
    CDE: GS New Markets Fund LLC
    CDE: Low-Income Investment Fund New Markets LLC
    CDE: National Community Fund I LLC
  • Honorable Mention: Flint Health and Wellness District
    CDE: Nonprofit Finance Fund
    CDE: Dakotas America
    CDE: Chase New Markets Corporation
  • Honorable Mention: Kent Corner
    CDE: SunTrust Community Development Enterprises LLC

2013

2012

2011

  • Winner: Union Mill
    CDE: NCB Capital Impact
    CDE: SunTrust Community Development Enterprises LLC
  • Honorable Mention: Pike Place Market
    CDE: Low Income Investment Fund
    CDE: Seattle Investment Fund LLC
    CDE: Kitsap County New Market Tax Credit Facilitators I

2010

2009

  • Winner: Argonaut Project
    CDE: Consortium America
    CDE: Enterprise Community Investment
    CDE: Local Initiative Support Corporation
    CDE: National New Markets Fund, LLC
    CDE: NCB Capital Impact; US Bancorp CDC
  • Honorable Mention: East Baltimore Development
    CDE: Enterprise Community Investment

2008

Small Business QLICI of the Year

2023

  • Winner: Detroit Food Commons
    CDE: Michigan Community Capital
    CDE: New Markets Investment
    CDE: U.S. Bancorp Impact Finance
  • Honorable Mention: Indy Fresh Market

2021

2020

  • Winner: PhoneSoap
    CDE: Stonehenge Community Development

2019

  • Winner: InBedCo
    CDE: Stonehenge Capital

2015

2014

2013

2012

2011

2010

2009

2008

View All Past Award Programs