Washington, D.C., January 6, 2026—The National Trust Community Investment Corporation (NTCIC) is pleased to announce that Kimberly Laird has joined our leadership team as Director of Asset Management. Kimberly will lead the Asset Management department, overseeing the direct management of NTCIC’s Historic Tax Credit (HTC) and New Markets Tax Credit (NMTC) investments, as well as our growing private credit portfolio. Her responsibilities include financial oversight, risk management, and compliance to ensure the long-term success of our investments and the communities they serve.

A Proven Leader in Community Development Finance

With more than 25 years of experience in community development banking, Kimberly has managed over $1 billion in equity and debt transactions across HTC, NMTC, and Low-Income Housing Tax Credit (LIHTC) programs. Her career began at Wachovia Capital Markets Group, where she managed the Southeastern asset management team focused on LIHTC investments. She later advanced to Bank of America as a Senior Vice President, overseeing asset management for Historic, New Markets, and Renewable Energy tax credit investments. Most recently, Kimberly served as Credit Risk Manager in Community Investment Capital at Synovus Bank, a regional institution headquartered in Georgia.

“Kimberly’s experience and values align with NTCIC’s commitment to preservation, equity, and performance,” said David Clower, President & CEO of NTCIC. “She will help us scale our impact while safeguarding the integrity of every investment we steward.”

Commitment to Community and Impact

Kimberly earned her B.S. in Accounting from The University of Kentucky and remains deeply engaged in community advocacy through her work with The Redress Movement in Charlotte, NC, and the NC Housing Coalition. Outside of work, she enjoys yoga, cooking, and spending time with her two sons.

“Asset management is the backbone of NTCIC’s mission to deliver transformational capital investments in underserved communities,” said Bret Mosher, Managing Director of Credit & Portfolio Management. “Kimberly’s expertise strengthens our ability to safeguard investor confidence while driving measurable social and economic outcomes nationwide.”

Please join us in welcoming Kimberly to NTCIC!

Connect with Kimberly Laird on Linkedin

About NTCIC

The National Trust Community Investment Corporation (NTCIC), a subsidiary of the National Trust for Historic Preservation, is a mission-driven, impact investment asset management firm focused on the adaptive reuse of historic properties and renewable energy solutions across the country. Founded in 2000, NTCIC makes transformational impact investments in low-income & disinvested communities, promoting a brighter, more equitable future by revitalizing historic properties and expanding our nation’s renewable energy accessibility through innovative community development & tax credit investment strategies.

The National Trust Community Investment Corporation (NTCIC) is proud to announce the successful financial closing of the historic Tower Life Building, formerly known as the Smith-Young Tower, in downtown San Antonio. The $125 million project will transform the iconic building into 242 apartment residences, along with retail spaces on the street and river levels, providing housing and neighborhood vibrancy to the heart of the city.

Designed by renowned architects Atlee Ayres and Robert Ayres, the Tower Life Building was one of the many key structures in San Antonio’s urban development. The father-son duo was instrumental in designing several prominent buildings, including the Municipal Auditorium, Plaza Hotel, and the Federal Reserve Bank.

The building first housed businesses, professionals, and San Antonio’s first Sears, Roebuck and Company department store. Its unique history also includes being a mooring mast for a blimp, a performance venue for aerialists, and even the headquarters for the Third U.S. Army.

The revitalization project, brought to life by McCombs Enterprises, J Jeffers and Co., and many others, will transform the Tower Life Building into a lively mixed-use space that blends the historic charm of the building with modern amenities in the 242 apartments, a portion of which will be offered with affordable rents for qualifying residents.

“We are committed to creating a place that inspires hometown pride and invites new energy into our downtown,” says Jon Wiegand, Managing Director of Real Estate at McCombs Enterprises. “We welcome a community that reflects the cultural diversity of San Antonio. A portion of the building’s apartments will be offered with affordable rents to provide homes for artists, teachers, restaurateurs, nurses, first responders, and others whose life stories make up the fabric of our city.”

The renovation plans include state-of-the-art amenities, such as an outdoor patio deck, community space, and a fitness center, designed specifically for residents. Additionally, an adjacent parking garage will serve both residents and commercial tenants. The building, which was once the tallest structure in San Antonio until 1968, remains the tallest 8-sided building in the U.S., continuing its legacy as a focal point in the city’s skyline.

This revitalization was supported, in part, by NTCIC through an equity investment in the $16.8 million Federal Historic Tax Credits and $21 million State Historic Tax Credits generated by the project. NTCIC played a crucial role in the capital stack and will continue to collaborate with the development team to ensure the project’s success.

“Our team was pleased to partner with J. Jeffers on yet another exciting and impactful redevelopment”, says Amanda Bloomberg of NTCIC.  “The Tower Life Building is an iconic feature of the San Antonio skyline, and we’re thrilled to be a part of bringing new life to one of the Alamo City’s most historic buildings.”

The newly revitalized Tower Life Building will not only provide much-needed housing in the heart of the city but also offer retail space, further contributing to the growth, vibrancy, and development of San Antonio’s downtown and river district.

Learn more about NTCIC’s involvement in the project here.

The National Trust Community Investment Corporation (NTCIC) is proud to announce the successful financial closing of the $40.2 million revitalization of Benn High’s NMTC Condo in Bennington, Vermont. This transformative redevelopment will breathe new life into a historic 1913 former school building by creating a dynamic, community-centered hub with workforce housing, community recreation space, a senior center, and more. NTCIC provided a $5 million New Markets Tax Credit (NMTC) allocation and facilitated an equity investment in the $5.6 million in federal Historic Tax Credits (HTCs) generated by the project.

The historic Bennington High School, an iconic example of Beaux Arts public architecture, served students for nearly 100 years before closing its doors. Vacant since 2004, the building is now poised for a new future through an adaptive reuse project known as Benn High.

“NTCIC is incredibly proud to have played a role in the Benn High redevelopment,” said Amanda Bloomberg, Senior Acquisitions Manager at NTCIC. “It was truly a pleasure collaborating with Zak Hale and the various players whose dedication and vision brought this transformative project to life. With its diverse and creative financing sources, we believe Benn High will serve as a case study for future redevelopment efforts across the country.”

The NMTC Condo totals 72,000 sq ft, which will include 22 workforce housing units and nearly 48,000 sq ft of commercial and community space. Tenants include the Town of Bennington, leasing over 28,000 sq ft for a new community recreation and senior center, the YMCA, operating a 102-seat childcare center that will serve mostly low-income families, the University of Vermont Extension, offering agricultural, nutrition, and community development programs to over 1,000 residents annually, and more.

The project also incorporates geothermal and solar technologies, making it 100% electric. Significant Brownfield Remediation Funds (BRF) were secured from both Vermont and the federal government to address contamination from a pre-existing 19th-century machine workshop on site.

The community impact of Benn High is far-reaching. It is projected to create 24 new permanent full-time jobs and 92 high-quality construction jobs, retain 35 existing jobs, create access to new recreation programs for more than 4,300 individuals, provide childcare for 102 children, with 55% from low-income households, host senior programming for 150+ local seniors, expanded nutrition education through the UVM extension program, and more.

“The Benn High Redevelopment has been the most challenging and rewarding endeavor of my career,” said Zak Hale, CEO of Hale Resources LLC. “Bringing together more than 30 financing sources and aligning them with the realities of a century-old school building required persistence and creativity at every turn. We’re grateful to NTCIC and our many partners for their support in making this project possible. Most importantly, Benn High will once again be a place that brings people together, providing housing, childcare, recreation, and services that will strengthen Bennington for generations to come.”

Located in an area with high levels of community need, the Benn High redevelopment will not only generate additional housing options but will serve as a community hub providing critical resources to residents of all ages. NTCIC’s investment in Benn High continues its mission to revitalize historic spaces in underserved communities, delivering inclusive, resilient, and economically sustainable development.

Learn more about NTCIC’s involvement in the project here.

July 2025 Policy Update

WASHINGTON, DC, July 16, 2025 – The House Republican Reconciliation Bill, “One Big Beautiful Bill”, was signed into law on July 4th. Community development advocates are celebrating that the New Markets Tax Credit is now permanent and not subject to expiration as has been the case for the last 25 years. This is a huge legislative victory and a celebration for the NMTC advocacy community. The permanency of this credit will allow for continued and uninterrupted investment in economically distressed communities for years to come.

However, the bill also rolls back clean energy credits for wind and solar energy, requiring these projects to begin construction within one year of bill passage, or be placed in service by the end of 2027, to receive the tax credit. Wind and Solar projects that begin construction by July 2026 will have four years to begin operations and receive the credit. NTCIC expects this policy to create a “pull-forward” effect, resulting in an especially active solar marketplace for the next few years. Notably, energy storage and other clean energy projects, including geothermal and hydro, still qualify for the full 48E credit through 2033.

Despite an outpouring of advocacy, no improvements for the Historic Tax Credit were included in the bill, but it is not overlooked that sustained advocacy has positively positioned the HTC to not be targeted for a rollback or elimination as it was in 2017.

There may be opportunities to improve these incentives in a bipartisan tax bill later this year or possibly another reconciliation bill. Our work is not done, and to remain in the tax code and to enact improvements, advocacy must continue and ramp up at the next opportunity for all these important incentives.

The National Trust Community Investment Corporation (NTCIC) is pleased to announce the successful financial closing for the $64.5 million renovation of the iconic Apollo Theater in Harlem, New York. A cornerstone of African American cultural history and a world-renowned performing arts venue, the Apollo will undergo an extensive interior and exterior restoration that honors its legacy while upgrading its facilities to better serve artists, audiences, and the surrounding community.

“On behalf of The Apollo Theater Foundation, Inc. Board of Directors and leadership, I express deep gratitude to Historic Theater lenders and capital campaign contributors for their generosity in support of The Apollo and the community of Harlem,” said Michelle Ebanks, President and Chief Executive Officer of The Apollo Theater Foundation, Inc. “The groundbreaking marks the beginning of a new chapter in The Apollo’s journey—a curtain drop in every sense of the word – taking us from a place of reverence to a place of relevance. As we prepare to renovate and reimagine this legacy space, we do so not to erase its history, but to elevate it. To honor the shoulders we stand on, while building a more modernized foundation for those who will come after us.”

Originally opened in 1914 as Hurtig & Seamon’s New Burlesque Theater and renamed the Apollo in 1934, the venue became a vital cultural hub amid Harlem’s evolution and a defining force in American music. The Apollo launched the careers of legendary artists such as Sarah Vaughan, James Brown, and the Jackson 5 through its famous Amateur Night, and played a central role in the rise of genres including R&B, bebop, and soul.

Even as the theater faced economic decline and closure in the 1970s, it was repeatedly revived through community and state partnerships. In recognition of its extraordinary cultural significance, the Kennedy Center honored the Apollo in 2024 for its lifetime contribution to American arts.

“The Apollo Theater is more than a stage—it’s a cultural icon that has shaped American history. Through the Historic Tax Credit program, we are honored to help preserve this legacy for future generations,” said David Clower, President of the National Trust Community Investment Corporation. “Supporting the Apollo Theater restoration reflects NTCIC’s commitment to revitalizing spaces that hold deep cultural and community significance. This project is a powerful example of how public-private partnerships can protect our nation’s historic fabric.”

The restoration will preserve and enhance the historic theater’s architectural and performance integrity, including the conversion of the iconic Apollo neon blade sign to energy-efficient LED, and interior improvements that will modernize the theatrical, environmental, and acoustical systems, install new seating and accessibility upgrades, renovate dressing rooms, and expand the lobby.

With the renovation, the Apollo will be able to support over 150 performances annually, expanding access to world-class cultural programming. Over 1,300 students will visit annually for educational tours, and the theater’s Job Readiness Pathway to the Arts program will grow from 50 to 75 high school participants each year. The Apollo will also continue its Ticket Access Program, distributing 10,000 free tickets annually through more than 300 NYC organizations serving underrepresented communities, and maintain its Half Off Harlem initiative for local residents. In alignment with environmental stewardship goals, the project will also pursue LEED Silver certification.

NTCIC supported this transformative project through equity investments in the $14.8 million state and federal Historic Tax Credits generated by the renovation, as well as an $8 million New Markets Tax Credit allocation (NMTC).

Additional project financing was provided by J.P. Morgan through a combination of $25 million in bridge debt financing, a $4.9 million NMTC allocation, and acted as the NMTC investor for the project. Octagon Finance supported project financing through a $9 million Historic Tax Credit bridge loan, and the New York City Economic Development Corporation (NYCEDC) provided $23 in NMTC allocation.

Additional funding includes $20.7 million in grant commitments from organizations such as the NYC Department of Cultural Affairs, a $10 million grant from Empire State Development, and a $5 million grant from SiriusXM.

“The Apollo Theater is a beacon of cultural innovation and community enrichment,” said Olivia Pipitone, Executive Director at J.P. Morgan Community Development Banking. “At J.P. Morgan, we are immensely proud to support its historic renovation, ensuring it continues to inspire and launch legendary talent for generations to come.”

This project reaffirms the Apollo’s role as a cultural anchor in Harlem and a national symbol of artistic excellence and resilience, preserving its historic legacy while equipping it to thrive for generations to come.

Learn more about NTCIC’s involvement in the project here.

URGENT ADVOCACY NEEDED TO SUPPORT HTC-GO!

WASHINGTON, DC, June 26, 2025 – The Senate Finance Committee has released their text of the budget reconciliation tax bill and despite an outpouring of advocacy, no components of HTC-GO were included in the bill. Senator Cassidy (R-LA) is working hard to convince his colleagues to include HTC improvement provisions in the bill, however, he needs the support of other Republican Senators to get positive changes to the HTC included. Senate leadership is now working on the final changes to the bill before consideration by the full Senate. The tax portion of the bill will most likely be bundled with other non-tax related reconciliation provisions and go directly to the Senate floor for a vote. HTC advocates will need to take quick action to urge Republican Senators’ support of Senator Cassidy’s (R-LA) efforts to include HTC improvement provisions in the bill.

URGENT HELP NEEDED FROM THE FOLLOWING STATES:

If you reside in these states, please reach out to your Republican Senators: AK, AL, AR, FL, ID, IN, IA, KS, KY, ME, MS, MO, MT, NE, NC, ND, OH, OK, PA, SC, SD, TN, TX, WV, WI, WY and ask them to reach out to Senate Finance Committee, Chairman-Mike Crapo (R-ID) with their support.

EXAMPLE MESSAGE TO YOUR SENATOR:

“The Historic Tax Credit (HTC) is a critical tool for revitalization which has lost significant value over the last 12 years. Improvements provisions were not included in the Finance Committee bill text. The HTC needs to be improved to bring more value to the credits as we look at future projects. Senator Cassidy is working to include HTC improvements, outlined in the Historic Tax Credit Growth and Opportunity Act (HTC-GO/S. 1459), in the reconciliation bill. Will you please voice support to Senate Finance Committee Chairman, Mike Crapo (R-ID), for Sen. Cassidy’s efforts to improve the HTC?”

Feel free to include brief details on projects that would benefit from these improvements.

Thank you to all who have reached out to Republican Senate offices over the last few weeks and months, and we ask that you please follow up with your Senator using the above messaging.

Please activate other advocates to contact their Republican Senators. If you have the ability to contact a Republican Senator directly, please do so on behalf of the HTC.

If you are successful in your outreach, please let us know so we can follow up with Senator Cassidy and his staff.

For assistance with tax staff contacts, feel free to reach out to Mike Phillips at NTCIC (mphillips@ntcic.com) and/or sign up to join the HTC Advocacy Campaign: Click here

Please find the HTC-GO Fact Sheet for more details on the HTC-GO legislation and bill provisions.

Updated: April 25, 2025

As Congress prepares for a major tax policy overhaul in 2025, the urgency to address expiring tax provisions from the 2017 Tax Cuts and Jobs Act increases. Despite delays, the upcoming legislative session will be crucial for major tax decisions affecting individuals and corporations.

This year, we are thrilled to join our advocacy partners in several upcoming HTC advocacy events and opportunities to learn more about state historic preservation incentives and priorities. These events will provide you with the latest information on the HTC legislation and equip you with the necessary knowledge to engage with legislators and advocate for the bill’s passage.

Get ready to be inspired, informed, and energized as we work together to secure crucial support for this initiative. Don’t miss out on the chance to refresh your knowledge and align your talking points as we embark on this exciting journey toward historic preservation. Let’s make history together by supporting this critical piece of legislation!

NEW HTC-GO BILL INTRODUCED IN THE HOUSE AND SENATE

WASHINGTON, DC, April 23, 2025 – A new version of the Historic Tax Credit Growth and Opportunity Act (HTC-GO) was recently introduced by Sen. Cassidy (R-LA) and Sen. Warner (D-VA) in the Senate (S. 1459) and by Reps. LaHood (R-IL) and Suozzi (D-NY) in the House. New provisions include returning to a one-year delivery of the HTC, as well as a boost from 20% to 30% in credit and the ability to transfer credits for smaller and rural projects. Now that Congress has passed a budget resolution, the House Ways and Means Committee could pass a tax bill out of committee by early May. Urgent action is needed to compel Congress to include HTC-GO provisions in the tax bill!

HTC-GO Provisions
  • Returns to a 1-year delivery of Historic Tax Credits for all projects: Since 2017, the 20% tax credit has been delivered over 5 years (4% per year); this provision will return delivery of the HTC to 1 year.
  • Lowers the Substantial Rehab Test from 100% to 50% of a building’s basis: Lowers the substantial rehabilitation threshold, making more projects eligible to use the HTC.
  • Eliminates the HTC Basis Adjustment Requirement: Eliminates the requirement that the amount of the HTC must be deducted from a building’s basis (the property’s cost for tax purposes), increasing the value of the HTC and making it much easier to pair with the federal Low-Income Housing Tax Credit.
  • Modifies Tax Exempt Use Rules: Makes the HTC easier to use by nonprofits such as community health centers, local arts centers, affordable housing, homeless services, museums, theaters, and others by eliminating tax code restrictions that make it challenging for nonprofits to partner with developers.
  • Increases the credit for smaller projects: Projects below $3.75 million will receive a 30% credit. Rural projects below $5 million will receive a 30% credit. (Rural Definition: Cities/towns with populations less than 50,000 and not contiguous and adjacent to cities/towns of 50,000 in population). All small projects are eligible for direct transfer, without need of a partnership-style investment.

Please ask your members of Congress to cosponsor the Historic Tax Credit Growth and Opportunity Act (HTC-GO) and urge its inclusion in the emerging tax bill.

ACT NOW: Join the 1000 Actions in 100 Days HTC Advocacy Effort

The Historic Tax Credit Coalition and partnering national preservation organizations are excited to share that we have exceeded 1000 contacts to Capitol Hill to strengthen and defend the Historic Tax Credit in 2025. Thank you to all who are participating in these advocacy efforts!

While this is a great victory, it’s not too late to join this effort! We need more people to vocalize their support for the HTC. Click here and fill in your 9-digit zip code to receive talking points, updates, and the legislative staff contacts of your members of Congress to take action.

We are facing one of the best opportunities to improve the HTC that we have had in many years. All members of Congress — both representatives and senators — must hear from advocates promptly to build support for the HTC-GO bill and urge inclusion in the emerging tax bill.

Please share the information in this blog with other preservation and historic rehab advocates willing to commit to contacting their members of Congress in the first 100 days of 2025.

HTCC DC Lobby Day: Wednesday, June 11

The Historic Tax Credit Coalition is hosting its annual HTC Lobby Day in Washington, D.C. on June 11.  We are facing one of the best opportunities to improve the HTC that we have had in many years. Representatives and Senators need to hear from advocates like you to build support for the HTC-GO bill and urge inclusion in the emerging tax bill.  If you are a resident or have projects in any of the following states: AK, AL, AZ, AR, FL, ID, IN, IA, KS, KY, LA, ME, MS, MO, MT, NE, NY, NC, ND, OH, OK, PA, SC, SD, TN, TX, WV, WI, WY, this is the year to come to D.C.  Thank you to all who have already signed up!  To participate, please email Mike Phillips at mphillips@ntcic.com.  Since June 11 is the day before many in the HTC industry are in town for the IPED Historic Tax Credit Conference, the Coalition anticipates a strong showing from the historic rehabilitation industry and Main Street and preservation advocates on Capitol Hill.

The Coalition will set up your meetings and provide educational materials, including maps and lists of projects for each state and congressional district.  Though most advocates fly in the night before, some participants will fly in early on June 11.  The Coalition will host a mid-morning breakfast briefing, then head to Capitol Hill between 11 am and 12 pm for an afternoon of meetings. For more details on the IPED Historic Tax Credit Conference on June 12  and 13, click here.

Background on Budget Reconciliation-Tax Bill

Republicans are planning to use budget reconciliation to try to extend the $4.7 trillion Tax Cuts and Jobs Act (TCJA) provisions, along with other presidential and congressional tax priorities. Both the House and Senate passed a budget resolution unlocking the ability to pass FY25 budget reconciliation bills out of directed committees. At the end of this process, one large reconciliation bill will be considered by both chambers. The large bill will include border, energy, and defense funding in addition to tax extensions and new priorities. Committees are determining the details of about $1.5 – $2.0 trillion in budget offsets for what could likely be up to a $5 trillion bill. House Republicans have scheduled a vote on the House floor for the week of May 19th, which means the tax bill could pass the Ways and Means Committee as soon as early May.

Advocates are contacting offices, closely monitoring the reconciliation bill efforts, and working with our congressional champions to continue voicing support for enhancing HTC in the tax code. We have more support for historic tax credits than ever before. At the same time, with tremendous budget pressure to finance Republican priorities, we remain vigilant with HTC congressional champions in assessing potential rollbacks as cost-saving measures to community development incentives.

WASHINGTON, DC, February 24, 2025: NTCIC is thrilled to announce the successful financial closing of the historic Rialto Building in downtown Kansas City, Missouri. The building’s renovation transformed the iconic property into a 239-key AC Hotel by Marriott. The project includes modern amenities such as a full-service bar, meeting rooms, a business center, a fitness center, and a Bonvoy club lounge on the penthouse level. The current renovation of the 155,000 square-foot historic commercial building is part of a larger trend of repurposing historic office spaces in response to the growing demand for more flexible and remote work environments. As traditional office use continues to decline, more and more historic buildings are being reimagined as hotels, housing, or retail spaces to accommodate the changing dynamics of urban life.

“Campo Architecture and Interior Design put its heart and our “New Orleans Soul” into the design of the magnificent Rialto building. Respectful of the historic character-defining features inherited from this building’s past, the Campo team created intentionally modern features that create a clear line of stylistic demarcation between old and new”, said John Campo Jr., President and Founder of Campo Architecture & Interior Design based in New Orleans.

NTCIC played a key role in the renovation by providing an equity investment in the $11.1 million federal Historic Tax Credits and $12.5 million State Historic Tax Credits generated by the project. NTCIC will continue to provide asset management services for the duration of the HTC investment.

“We are proud to have been a part of this transformative project in Kansas City,” said Tony Maruca, Senior Project Manager at NTCIC. “All of our project sponsors maintained an intentional and thoughtful approach to preserving the historic character of the building while meeting the needs of modern travelers makes the Rialto Hotel a fantastic addition to the Kansas City hospitality market.”

The renovation of the Rialto Building is set to invigorate the surrounding area, attracting visitors, residents, and business professionals alike and further cementing the building’s role as an essential part of Kansas City’s architectural and commercial landscape.

Learn more about the project here.

About NTCIC

The National Trust Community Investment Corporation (NTCIC), a subsidiary of the National Trust for Historic Preservation, is a mission-driven, impact investment asset management firm focused on the adaptive reuse of historic properties and renewable energy solutions across the country. Founded in 2000, NTCIC makes transformational impact investments in low-income & disinvested communities, promoting a brighter more equitable future by revitalizing historic properties and expanding our nation’s renewable energy accessibility through innovative community development & tax credit investment strategies.

WASHINGTON, DC, February 24, 2025: The National Trust Community Investment Corporation (NTCIC) is pleased to announce the successful financial closing for the revitalization of the historic Emery Theater to become the new year-round home of The Children’s Theatre of Cincinnati (TCT). The $52.1 million renovation will transform the Emery Theater into a state-of-the-art, 1,500-seat facility that will function as a hub for children’s theater performances and arts education while helping to preserve and revitalize a cultural landmark in the heart of Cincinnati.

The Children’s Theatre of Cincinnati Returns Home to Emery Theater

“We are beyond thrilled to begin this new chapter of The Children’s Theatre of Cincinnati as we return home to the iconic Emery Theater,” said Kim Kern, TCT President & CEO. “This transformative renovation will not only breathe new life into a piece of Cincinnati history, but will also significantly expand our ability to serve our community. The new space will

 allow us to deepen our commitment to arts education, making the theater even more accessible to children of all ages and backgrounds.”

NTCIC provided an $8 million in New Markets Tax credit allocation and facilitated an equity investment in the $7.5 million in federal Historic Tax Credits anticipated to be generated by the project to support the revitalization of the iconic space and expansion of TCT’s arts programming for children and families in Cincinnati.

“We are incredibly grateful to all of our many supporters and to NTCIC for their role in making this renovation possible,” said Roderick Justice, TCT Artistic Director. “With the completed renovation of the Emery Theater, we will be able to impact more children through expanded programming, original and new works, and theatre for specific age groups such as children under the age of four and middle schoolers. This new space will help us nurture the next generation of young artists and future arts patrons in ways we never could before.”

Community-Driven Impact

For more than 50 years, TCT has been operating out of a rented location, limiting their productions to just 40 days throughout the year. The renovation of the Emery Theater will allow for year-round productions, expanding their schedule to nearly 150 shows annually.  With a capacity to serve more than 200,000 patrons each year, the renovated theater will provide even more opportunities for arts education experiences for young people, presenting children’s theatre programming never before seen in Cincinnati. Over 97,000 Cincinnati public school students will have the opportunity to benefit from access to performing arts programs annually, with a special focus on Title 1 schools and low-income families.

“The Children’s Theatre of Cincinnati is an extraordinary organization that is doing vital work in their community, providing transformative arts education and access to the children and families who need it most,” says David Clower, CEO of NTCIC. “We are grateful to have played a part in helping the Children’s Theatre realize their dream of becoming a world-class performance venue that will serve generations to come.”

As the once-shuttered Emery Theater reopens its doors and welcomes TCT back home, it promises to become a hub of creativity and community, providing a space for families and students of all backgrounds to learn and grow while experiencing the magic of live theatre together.

Learn more about the project here.

About NTCIC

The National Trust Community Investment Corporation (NTCIC), a subsidiary of the National Trust for Historic Preservation, is a mission-driven, impact investment asset management firm focused on the adaptive reuse of historic properties and renewable energy solutions across the country. Founded in 2000, NTCIC makes transformational impact investments in low-income & disinvested communities, promoting a brighter more equitable future by revitalizing historic properties and expanding our nation’s renewable energy accessibility through innovative community development & tax credit investment strategies.

About The Children’s Theatre of Cincinnati

The Children’s Theatre of Cincinnati (TCT) has been creating lifelong memories for families with children and school audiences since 1919. TCT’s mission is to educate, entertain, and engage audiences of all ages through professional theatrical productions and arts education programming.

Image Credits: The Children’s Theatre of Cincinnati