NMTC financing supported a nonprofit organization providing transitional housing for Houston’s homeless population
Sheila Jackson Lee (D-TX18)
Interfaith Ministries for Greater Houston
NMTC financing helped Interfaith Ministries for Greater Houston develop 53,500 sq. ft. Meals on Wheels Distribution Center.
Avenue Community Development Corporation
$5 million allocation will create approximately 18 homes for low-income buyers with median incomes averaging $36,000 per year. These buyers will receive pre-purchase financial counseling, homebuyer education, and ongoing support. https://www.avenuecdc.org/2022/what-the-heck-is-a-noah/
Houston Habitat for Humanity
Houston Habitat used NMTC financing for the site development and construction of 39 of the 84 affordable single-family homes planned in Phase 1 of their Robins Landing project.
Aker BioMarine, a Norwegian biotechnology firm, is partnering with the French nutraceutical firm, Naturex Inc., to convert a vacant Dryer’s Grand Ice Cream facility into a biomarine manufacturing plant which extracts omega-3 from krill fish for human consumption.