affordability Archives • Smith NMTC Associates, LLC

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

CHC, Homeownership, Partners, Press Releases, Projects

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.

By Jeanette Reynolds|2026-08-21T16:04:33-04:00August 21, 2026|CHC, Homeownership, Partners, Press Releases, Projects|Comments Off

Why NMTCs for affordable homeownership?
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Why NMTCs for affordable homeownership?

Advocacy, Federal, Housing News

Why NMTCs for affordable homeownership?

UPDATE: In July 2025, New Markets Tax Credits were made a permanent part of the U.S. tax code! NMTCs have proven to be an effective tool for increasing access to affordable homeownership, but despite its history of success, in 2024, less than 2% of the $5 billion of NMTCs awarded by the CDFI Fund was for affordable homeownership development.

By Jeanette Reynolds|2026-07-01T16:13:19-04:00May 21, 2025|Advocacy, Federal, Housing News|Comments Off