Shuman Development Group (SDG) is in the process of redeveloping the former Abraham Lincoln Hotel. After years of uncertainty for the historic property, the SDG last year launched an $11 million renovation of the former hotel into mixed-use apartments and retail that includes new markets tax credit (NMTC) and historic tax credit (HTC) equity.
The new Lincoln Towers will open later this year.
Read about the project and how tax credits make the project work in downtown Reading, PA. Click the image below to read the entire article.
