Press and Publications
$50M NMTC Allocation to Expand Homeownership
Smith NMTC is honored to announce that its partner and collaborator, The Housing Partnership Network (HPN), received a $50 million NMTC allocation award in the 2019 round announced on July 15th. Through this round of funding, [...]
Recent Deal with Four Habitat for Humanity Affiliates Creates Dozens of New Homes
Smith NMTC Associates, LLC announces the closing of its latest New Markets Tax Credit (NMTC) transaction to support the development of affordable for-sale homes with Habitat for Humanity affiliates in Tennessee, Missouri, and Arizona. The [...]
Recent Deals Push Smith NMTC Transaction Total Over Half Billion Dollars
With three recently closed transactions to support community development projects in Florida, New Jersey, and North Carolina, Smith NMTC Associates, LLC has surpassed $500M in tax credit investments. Additional projects in development for 2020 include [...]
Pittsburgh Celebrates First Affordable For-Sale Residential New Markets Tax Credit Project
U.S. Bank donates $15,000 to Open Hand Ministries for its Circles® program, which prepares families for homeownership. PITTSBURGH, PA (February 20, 2020) Mayor William Peduto was joined today by Councilman Reverend Ricky Burgess, the Urban Redevelopment [...]
Smith NMTC Closes Deal with Hancock Whitney and Habitat Pinellas
Innovative Partnership Will Add 42 Affordable For-Sale Homes to Distressed Communities Smith NMTC Associates, LLC announces the closing of its latest New Markets Tax Credit (NMTC) transaction to support the development of affordable for-sale homes [...]
New Development and New Opportunity in East Arlington, Texas
We are thrilled to see east Arlington, Texas, and Housing Channel get great recognition for incredible impact to residents. Leveraging a $5 million allocation of New Markets Tax Credits (NMTCs), we worked with Housing Channel [...]