$12M NMTC investment fuels 3 affordable homeownership projects in 2 states
Three nonprofit developers are now receiving a boost to [...]
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.
Carter Work Project site bolstered by $9.25 million New Markets Tax Credit loan
Twin Cities Habitat for Humanity (TCHFH) is the host of [...]