Monarch Private Capital and Anthem Partner to Help Create a New Home for the National Women’s Hall of Fame | Business Wire

INDIANAPOLIS–(BUSINESS WIRE)–Monarch Private Capital (MPC), a nationally recognised tax-advantaged

investment firm which develops, finances and manages a diversified

portfolio of projects that generate federal and state tax credits, has

partnered with Anthem, Inc., one of the nation’s leading health benefits

companies, to provide capital for the National Women’s Hall of Fame. The

investment won't only help preserve a historic mill. It'll also

create a new home for the outstanding achievements of American women who

have changed history and enrich the local community and its residents

with the Hall’s educational programs and special events and exhibits.

The project involves the transformation of the historic Seneca Knitting

Mill originally built in 1844 on the south shore of the Cayuga-Seneca

Canal. The mill ran continuously for 155 years until it closed in 1999.

The rehabilitation creates a permanent home for the Hall in a

state-of-the-art centre to showcase the stories of 276 great American

women currently inducted into the Hall of Fame. Creating a deeper sense

of belonging and community for the Hall are the building’s original

founders–trustees Jacob Chamberlain and Charles Hoskins–who were

QuickBooks Simplifies Health Insurance for Small Business Owners | Business Wire

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entrenched in abolition and women’s rights.

“We appreciate our partnership with Anthem and the collaboration with

the National Women’s Hall of Fame to bring the Seneca Knitting Mill back

to life,” said Rick Chukas, MPC’s Managing Director of Federal Historic

Tax Credits. “We congratulate the Hall for not only preserving a

historic landmark. For transforming it into a property that'll

play a prominent role in preserving the stories of innovative women who

have impacted American history.”

“At Anthem we're committed to improving the lives and communities in

which we live and work each and every day. As a leading healthcare

organisation where 74 percent of our associates are women, we recognise

the many contributions women have made in our industry,” said Gail K.

Boudreaux, President and CEO at Anthem. “Our investment in the

rehabilitation of the National Women’s Hall of Fame is an opportunity to

provide the local community and the country with a new and improved

venue that'll beautifully showcase the historical contributions and

pioneering efforts women across all industries have made. Serve as a

place for continued inspiration and motivation for generations to come.”

“Bringing the National Women’s Hall of Fame to the historic Seneca

Knitting Mill wouldn't have been financially feasible without historic

tax credits,” said Betty Bayer, President, National Women’s Hall of Fame

and Professor, Women’s Studies, Hobart and William Smith Colleges. “The

cost of rehabilitating a historic building like the mill is

significantly higher than building a new structure. The mill will

create the feel of coming home to history.”

Rehabilitation of the Hall completed Phase 1 in December 2018 with Phase

2 expected to be complete sometime in 2020.

For more information on the National Women’s Hall of Fame please

visit: www.womenofthehall.org/

About Monarch Private Capital

Monarch Private Capital positively impacts communities by investing in

tax credit supported industries. The company is a nationally recognised

tax equity investor providing innovative capital solutions for

affordable housing, historic rehabilitations, renewable energy, film and

other qualified projects. Monarch has long term relationships with

institutional and individual investors, developers. Lenders that

participate in these types of federal and state programs. Headquartered

in Atlanta, Monarch has offices and tax credit professionals located

throughout the U.S. For more information about MPC’s programs and

services, please visit www.monarchprivate.com.

About Anthem, Inc.

Anthem is a leading health benefits company dedicated to improving lives

and communities. Making healthcare simpler. Through its affiliated

companies, Anthem serves more than 74 million people, including nearly

40 million within its family of health plans. We aim to be the most

innovative, valuable and inclusive partner. For more information, please

visit www.antheminc.com

or follow @AnthemInc on Twitter.

Jane Rafeedie, Monarch Private Capital
[email protected]
470-283-8431

Leslie Porras, Anthem, Inc.
[email protected]
202-508-7891