Business NewsMarketWire • United Fund Advisors and Citi Community Capital Provide New Markets Tax Credit Financing for Renovation of Bedford Stuyvesant's Restoration Plaza

United Fund Advisors and Citi Community Capital Provide New Markets Tax Credit Financing for Renovation of Bedford Stuyvesant's Restoration Plaza

United Fund Advisors and Citi Community Capital Provide New Markets Tax Credit Financing for Renovation of Bedford Stuyvesant's Restoration Plaza

BROOKLYN, NY--(Marketwire - March 1, 2010) - Bedford Stuyvesant Restoration Corporation (BSRC) announced the closing of financing for the renovation of Restoration Plaza in Central Brooklyn. The development serves as a town square and major destination for education, commerce, and culture. It is home to the Billie Holiday Theatre, Skylight Gallery, Youth Arts Academy and an extension campus of the College of New Rochelle. It also provides essential services to the community including a supermarket, post office, pharmacy, restaurant and several banks, and plays host to weddings, outdoor concerts and community events all year long.

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United Fund Advisors and Citi Community Capital Provide New Markets Tax Credit Financing for Renovation of Bedford Stuyvesant's Restoration Plaza
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