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NMTC News, Insights & Industry Updates

  • Community Housing Capital and Mascoma Community Development deploy $20M in NMTCs for Champlain Housing Trust

    With the support of New Markets Tax Credits, Champlain Housing Trust is creating 30 permanently affordable condominium homes for sale to low-income households in Burlington, helping address one of Vermont's most pressing challenges: access to affordable homeownership.

  • Habitat for Humanity Saint Louis celebrates 40 years with 40 homes, bolstered by $17 million in NMTCs

    As Habitat for Humanity Saint Louis celebrates 40 years of impact in 2026, it’s preparing to develop 40 new homeownership opportunities in the Vandeventer neighborhood of St. Louis, Missouri with the support of a $17M New Markets Tax Credit-funded loan.

  • Forward Community Investments deploys $8 million in NMTCs to Acts Housing

    With the support of NMTCs from Forward Community Investments, Inc., Acts Homeownership Acquisitions, Inc. will be acquiring 42 properties in distressed neighborhoods of Milwaukee and Rock Counties to rehab and sell as high-quality affordable homeownership opportunities.

  • 2025: A Record-Breaking Year for Homeownership  

    In 2025, Smith NMTC partnered with five Community Development Entities (CDEs) to close $129.25 million in NMTCs for homeownership — a new company record for annual QEI impact! As our team advances into the next season of utilizing New Markets Tax Credits for homeownership, we’re elevating stories of innovation and impact.

  • $10 million NMTC-funded loan makes Urban League Plaza development a reality

    A new center for economic growth in St. Louis County is getting a boost from New Markets Tax Credits. In December, HRIF, a subsidiary of STL Partnership, deployed a $10 million NMTC allocation toward the development of the Urban League Plaza in Dellwood, Missouri.

  • NMTCs deployed to support homeownership projects in Oklahoma and Tennessee

    USBCDE LLC has deployed $7 million in New Markets Tax Credits to support affordable homeownership projects in two states: 40 total new homes will be developed by Green Country Habitat for Humanity, Inc. in Tulsa, OK and United Housing, Inc. in Memphis, TN.