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Category: Housing News

Smith NMTC Closes $30M Transaction with Community Housing Capital

February 22, 2022 jennypalmer Leave a comment

Smith NMTC Associates, LLC announces the closing of its latest New Markets Tax Credit (NMTC) transaction to support the development…

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Posted in: Housing News, Partners, Projects

$30 MILLION Allocation to Expand Homeownership Opportunity

September 13, 2021 jennypalmer Leave a comment

We are thrilled to announce that our partner and collaborator, Community Housing Capital (CHC), received a $30 million NMTC allocation award…

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Posted in: Federal, Housing News, Press Releases

Mortgage vs. Rent – Affordable Opportunities in the New Spending Plan

July 19, 2021 jennypalmer Leave a comment

Often overlooked in efforts to reduce housing costs are ways to help people own rather than rent — even when…

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Posted in: Advocacy, Housing News

Governing Magazine on Why Black Neighborhoods Continue to Struggle

May 3, 2021 jennypalmer Leave a comment

Alan Greenblatt’s recent piece for Governing Magazine details the ‘vicious cycle’ that has depleted equity from Black neighborhoods nationwide. Citing…

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Posted in: Housing News

Homeownership is the Key to Closing the Wealth Gap

April 28, 2021 jennypalmer Leave a comment

This recent release by Treh Manhertz (Apr. 26, 2021) details the racial wealth gap and the impact of homeownership on…

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Posted in: Advocacy, Housing News

Why Does Housing Supply Continue to Lag?

March 4, 2021 jennypalmer Leave a comment

Listen up for a great discussion on reasons that homebuilding lags demand right now. There are multiple contributing factors, but…

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Posted in: Advocacy, Housing News

Recent Report Details Homeownership Disparity

February 17, 2021 jennypalmer Leave a comment

Wealth building and household financial stability are primary benefits of homeownership that complement quality of life factors associated with stable…

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Posted in: Advocacy, Housing News

NMTCs At Work in Communities

December 16, 2020 jennypalmer Leave a comment

Every four years, the NMTC Coalition publishes a case study report with NMTC success stories from across the nation. The most…

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Posted in: Housing News, Projects, Services

A Decade of Homeownership Decline for African Americans

March 10, 2020 jennypalmer Leave a comment

Between 2008 and 2018, homeownership rates for African Americans declined in every state but three – Delaware, South Dakota, and…

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Posted in: Housing News

REALTORS® Policy Forum Emphasizes Impact of Homeownership

February 12, 2020 jennypalmer Leave a comment

Last week’s NAR Policy Forum underscored intuitive conclusions about the value of homeownership with presentations from researchers and housing policy…

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Posted in: Advocacy, Housing News

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Recent Posts

  • Featured in Novogradac Journal of Tax Credits
  • Smith NMTC Closes $30M Transaction with Community Housing Capital
  • NeighborWorks Columbus Adds 20 Homes with $6M Allocation
  • Neighborhood Housing Services of Baltimore Receives $6M Allocation to Rehab 27 Homes
  • Dayton’s Bluff Neighborhood Housing Services Plans Development with $7M NMTC Allocation
  • Piedmont Housing Alliance Utilizes $6M NMTC Allocation
  • Avenue Community Development Corporation to Build New Homes with $5M NMTC Allocation
  • $10.5M in NMTCs Will Add Dozens of Homes to Atlanta’s Westside and Southwest Neighborhoods

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Smith NMTC Associates, LLC

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