News & Links
How to Make QLICIs of Less than $5M “Work”
April 2nd, 2013To read the March 2012 article written by Howard Smith in the Novogradac Journal of Tax Credits, click here.
U.S. Bank Partners with Habitats and Smith NMTC
December 19th, 2012U.S. Bank partners with Habitat for Humanity affiliates and Smith NMTC Associates to help fund over 700 homes in 18 states. Read more here.
U.S. Bancorp Investments to Surpass Last Year
December 17th, 2012U.S. Bancorp’s investments in New Markets Tax Credits (and other tax credits) are expected to surpass last year’s total. U.S. Bancorp partnered with Smith NMTC Associates to direct a portion of that…
Smith’s NMTC Model Answers CDFI’s Call for Innovation
December 11th, 2012Smith’s NMTC Model answers the CDFI’s call for innovation by making QLICIs under $2 million possible. Read more here.
Smith’s Multi-QALICB Model Helps Omaha Habitat
December 4th, 2012Using Smith’s unique Multi-QALICB Model, the Omaha Habitat affiliate was one of 21 Habitat affiliates nationwide able to access $42 million in NMTC financing to help fund construction of 500 for-sale…
Smith NMTC Helps Local Habitat Affiliate Revitalize Struggling Neighborhood
December 4th, 2012Smith NMTC helped Habitat for Humanity St. Louis revitalize the JVL neighborhood by facilitating three separate NMTC transactions, as featured in the NMTC Coalition’s 2012 50 Projects/50 States publication. Read…
$42 Million NMTC Funding for 500 Affordable Habitat Homes
November 5th, 2012The positive, stabilizing and economic benefits that home ownership can have in low income communities drive Smith NMTC Associates LLC (Smith NMTC). Howard Smith, JD and Donna Smith, JD, co-founders…
NMTCs Help Build 38 “Home Sweet Habitat Homes” in Cincinnati
October 17th, 2012Cincinnati Habitat for Humanity and 10 other Habitat affiliates in West Virginia, Texas, Tennessee, Oregon, Arizona, Florida, Wisconsin, Ohio, North Carolina and California – will share $22 million of New…
NMTCs Help Habitat Build Homes and Better Lives in Central Arizona
October 16th, 2012Habitat for Humanity Central Arizona (HFHCAZ) and 10 other Habitat affiliates in West Virginia, Texas, Tennessee, Oregon, Arizona, Wisconsin, Florida, Ohio, North Carolina and California will share $22 million of…
NMTC Funding for Habitat Homes Build in Iowa
October 16th, 2012New Markets Tax Credits (NMTCs) are playing an increasingly important role in helping Habitat for Humanity affiliates provide homeownership opportunities for families in low income communities. In August, Greater Des…