Affordable homeownership opportunities are coming to two communities in the Los Angeles metro area -- Baldwin Park and El Sereno, with support from New Markets Tax Credits (NMTCs).
Three nonprofit developers are now receiving a boost to [...]
On March 27, 2025, Community Housing Capital deployed $40MM in New Markets Tax Credit loans to 5 nonprofit developers in Georgia, Indiana, Minnesota, New York, and Texas to develop a total of 148 homes for affordable homeownership.
Neighborhood Housing Services of Baltimore's Mondawmin Rowhome Project has been nominated for the Novogradac Journal of Tax Credits' 2025 Community Development QLICIs of the Year Award in the Real Estate category.
In 2024, the Smith NMTC team facilitated 5 closings deploying over $63 million in NMTC allocation for 8 projects across 7 states! The success of this past year builds on 16 years of experience in NMTCs. Since 2008, Smith NMTC has deployed over $780M in NMTC allocation to fund 161 projects in over 32 states—including $631.5 million for affordable homeownership that has resulted in over 5,500 homes.
Twin Cities Habitat for Humanity (TCHFH) is the host of [...]
The Community Development Financial Institutions (CDFI) Fund has announced the [...]
The Community Development Financial Institutions (CDFI) Fund has announced the [...]
Access to affordable housing is extremely scarce in the United [...]
The best thing about our work at Smith NMTC is [...]
