Nixon Peabody Advises in Award Winning Affordable Housing and Mixed-use Development; Michigan’s Park Place City Center recognized for Financial Innovation

Washington, DC. – January 19, 2012 – (RealEstateRama) — Nixon Peabody LLP advised client G. A. Haan Development in the Park Place City Center, an affordable, 24-unit mixed-use Michigan development, which has been awarded a Development of Distinction Award, Honorable Mention, in the Financial Innovation category by the Novogradac Journal of Tax Credits. The annual award recognizes excellence and honors outstanding achievement in the development of projects using low-income housing tax credits and/or Section 1602 funds. Nationwide, only two developments are chosen to receive the award each year