Boston, MA February 11, 2015 - Economic Development Incentives Inc. (EDI) is a joint venture between Dorfman Capital ("DORFMAN") and New England Economic Development ("NEED") established to serve real estate owners who develop brownfield sites and are eligible for Massachusetts Brownfields Tax Credits. Together since 2009, DORFMAN and NEED have qualified over 90 projects for MA Brownfields Tax Credits representing over $127,500,000 million of tax credits originated and sold.
Bob Dorfman, CEO of Economic Development Incentives Inc. stated, "Hal Davis and I identified this market niche in 2009. As our experience has grown we have continued to: 1) be innovative and effective in our ability to maximize the amount of tax credits per project; 2) expand the marketability of these tax credits; 3) navigate through an increasingly challenging approval process. These factors result in smoother transactions overall and greater net proceeds to our clients.”
The principals of Economic Development Incentives Inc.,Bob Dorfman and Hal Davis, bring a unique blend of legal, tax credit finance and economic development experience having structured and raised in excess of $1 billion of financing.
Clients served include for-profit and non-profit developers, community development corporations, schools and healthcare organizations. Examples of clients include: Related/Beal Companies, Millennium Partners, Samuels & Associates, New Boston Fund, Baker Hughes, Equity Residential,Partners Healthcare, National Development, Conroy Development and Community Builders, Lynn Community Health Center, Worcester Polytechnic Institute, Emerson College, Codman Neighborhood Corporation, Twin Cities Community Development Corporation, Nuestra Community Development Corporation and Neighborhood Community Development Corporation.
To find out more about MA Brownfields Tax Credits or Economic Development Incentives Inc., please visit www.MABrownfieldsTaxCredit.com. You may also contact Bob Dorfman and Hal Davis directly at the information provided below: