The Power of Partnership: Reflecting on a year of growth and success.

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.

By |2025-05-13T10:52:11-04:00December 4, 2024|Partners, Projects|Comments Off on The Power of Partnership: Reflecting on a year of growth and success.

Carter Work Project site bolstered by $9.25 million New Markets Tax Credit loan

Twin Cities Habitat for Humanity (TCHFH) is the host of [...]

By |2026-03-02T17:05:56-05:00September 27, 2024|Habitat for Humanity, Homeownership, Press Releases, Projects|Comments Off on Carter Work Project site bolstered by $9.25 million New Markets Tax Credit loan

$60 Million NMTC Allocation awarded to Smith NMTC partner, Housing Partnership Network

The Community Development Financial Institutions (CDFI) Fund has announced the [...]

By |2025-03-19T14:54:42-04:00September 20, 2024|Federal, HPN, Partners, Press Releases, Projects|1 Comment

$40 Million NMTC Allocation awarded to Smith NMTC partner, Community Housing Capital

The Community Development Financial Institutions (CDFI) Fund has announced the [...]

By |2025-03-19T14:55:36-04:00September 19, 2024|CHC, Federal, Partners, Press Releases, Projects|1 Comment

Comparing Use of the New Markets Tax Credit (NMTC) Program for Affordable Homeownership to Other Tax Credits

Access to affordable housing is extremely scarce in the United [...]

By |2024-08-21T11:02:35-04:00August 21, 2024|Housing News, Partners, Projects|Comments Off on Comparing Use of the New Markets Tax Credit (NMTC) Program for Affordable Homeownership to Other Tax Credits

$21M in NMTC Allocation deployed to 3 Housing Partnership Network Organizations

A total of 81 homes are planned to be built [...]

By |2026-03-02T17:06:17-05:00March 26, 2024|Homeownership, HPN, Partners, Projects, Services|Comments Off on $21M in NMTC Allocation deployed to 3 Housing Partnership Network Organizations

Operation Food Search to Expand Headquarters with $11 Million New Markets Tax Credit Allocation

The Smith NMTC Associates team is thrilled to announce the [...]

By |2024-08-05T17:09:44-04:00March 7, 2024|Partners, Projects, Services|Comments Off on Operation Food Search to Expand Headquarters with $11 Million New Markets Tax Credit Allocation
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