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.
On Tuesday, December 23, 2025, the Community Development Financial [...]
On Tuesday, December 23, 2025, the Community Development Financial [...]
Communities across four states will experience an increase in [...]
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.
New homeownership opportunities are on the horizon for communities in three states with the support of NMTC allocation from The Housing Partnership Network, Inc.: Affordable Homes of South Texas, Inc., Atlanta Neighborhood Development Partnership, Inc., and Homewise, Inc.
Three nonprofit developers are now receiving a boost to [...]
Neighborhood Housing Services of Baltimore's Mondawmin Rowhome Project has been nominated for the Novogradac Journal of Tax Credits' 2025 Community Development QLICIs of the Year Award in the Real Estate category.
The Community Development Financial Institutions (CDFI) Fund has announced the [...]
The Community Development Financial Institutions (CDFI) Fund has announced the [...]
