New Markets Tax Credits for Affordable Homeownership
New Markets Tax Credits for Affordable Homeownership
Smith NMTC Associates, LLC is the nation’s leading NMTC consulting firm specializing in affordable for-sale housing. We help CDEs and nonprofit housing developers use New Markets Tax Credits to build and rehabilitate homes for families who need them most.
Our Impact
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CDE Partners
We believe in the power of homeownership as a catalyst for positive change and tool for economic development.
NMTCs for Affordable Homeownership
Smith NMTC Associates, LLC helps communities turn New Markets Tax Credits into homes. Founded by Howard and Donna Smith, our firm has pioneered the use of NMTCs for single-family, for-sale housing — a model that most consulting firms overlook.
We work with Community Development Entities (CDEs), nonprofits, and housing finance agencies to structure NMTC transactions that fund new construction and acquisition/rehabilitation of affordable homes.
Whether you’re exploring NMTCs for the first time or looking to fill the gap for an existing project, we provide end-to-end consulting from allocation application through project closeout.
Partnerships That Drive Community Growth
We work in collaboration with nonprofit organizations, developers, lenders, investors, Community Development Entities (CDEs), government agencies, and other partners to structure and facilitate tax credit transactions using strategic models which create new homeownership opportunities, access to community and commercial services, and jobs in low-income communities.
Smith NMTC Projects Across America
In the Press
A model for neighborhood renewal
Two lawyers have helped build thousands of affordable houses in 30 cities using an obscure federal tax incentive
NMTC Housing News & Insights
Ready to Use NMTCs for Homeownership?
Whether you’re a CDE exploring homeownership for NMTC deployment, a nonprofit developer trying to fill a gap in project funding, or looking to invest in an NMTC transaction, we can help. Tell us about your project and we’ll show you what’s possible.
Work with the experts in NMTCs for homeownership.