NMTCs for Affordable Homeownership Featured in the Washington Post

Today’s Washington Post includes a write-up of NMTC-Coalition members Howard and Donna Smith (Smith NMTC) and their work to expand affordable homeownership using the NMTC.


“The Smiths have championed using the $5 billion-a-year program to build affordable housing, something most community development entities (CDEs) tapping into the credits said could not be done,” writes Jim Morrison. “New Markets Tax Credits are highly regulated, but the Smiths have created plug-and-play templates, models that any nonprofit can use to navigate the tax credits program from application through project completion.”
Jim Morrison
Washington Post


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