How to Utilize NMTCs for Affordable Homeownership
NMTCs for Affordable Homeownership: The CDE Perspective
CLICK HERE to watch a recording of the webinar.
Affordable homeownership is one of the most pressing needs of our time—join us in learning how CDEs can use their NMTC allocation for homeownership projects!
Over 70 NMTC professionals joined us for a conversation about how New Markets Tax Credits can be deployed by CDEs for affordable homeownership projects on April 22, 2024.
Now you can watch this presentation, which includes an in-depth look at the financial model for homeownership deals, any time it’s convenient.
Topics Covered
- Past use of NMTCs for affordable homeownership
- How to use your NMTC allocation for affordable homeownership, including structuring, common misconceptions, and compliance
- How to include affordable homeownership projects in your NMTC application
You’ll Learn From
- Howard J. Smith, Founder & Principal
- Donna Aronoff Smith, Founder & Executive Vice President
- Jill M. Gilbert, General Counsel & Vice President
About Smith NMTC
Smith NMTC Associates, LLC partners with CDEs and nonprofit developers to increase access to affordable homeownership and community facilities that improve and stabilize low-income communities and provide opportunities for wealth and asset building and other opportunities to low-income people.
Since 2008, we’ve facilitated more than 60 transactions in 32 states and Washington, D. C. to deploy more than $775 million of NMTCs. For our CDE clients, we provide NMTC application strategy and development, manage all closings, source investors, structure transactions, and guarantee the recapture risk.
We take pride in supporting our CDE clients and nonprofit developers through the 7-year compliance period and managing all CDE accounting, compliance, and reporting.

