New Markets Tax Credit Coalition

Search

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.

Investment

  • NMTC Amount: $1,540,294
  • Total Project Cost: $7,237,400

IMPACT

  • 37 FTE jobs
  • 47 construction jobs
  • 39 affordable, single-family homes

Investor

Project Description

Houston Habitat for Humanity used NMTC financing in March 2021 for the site development and construction of 39 of the 84 affordable single-family homes planned in Phase 1 of their Robins Landing project.

The project is located in a severely distressed area in Northeast Houston that was hard hit by Hurricane Harvey in 2017. Homes will be available to residents with incomes at or below 80% AMI such as police officers, firefighters, teachers, pharmacy techs, nurses, teacher’s aids, retail managers, and many more.

Upon full completion, the 127-acre master planned site for Robins Landing will developed into a 468 unit mixed-income community and will provide amenities such as an urban farm/community garden, a commercial kitchen, makers space, 4-star childcare services, parks/green spaces, a health clinic, public library, and retail spaces.

MAP

Address: 8651 Dallas Acorn Street, Houston, TX 77078

Census Tract: 48201231300

Other Texas Projects

Financing to acquire, develop, construct and lease certain improvements on a campus providing services for persons with intellectual and developmental disabilities.
Coastal Bend Food Bank, a nonprofit providing emergency food assistance across an eleven-county service area in South Texas, constructed an approximately 108,200 sq. ft. warehouse and distribution center to increase
A new manufacturing facility for an aluminum producer and metals processor, Audubon Metals, LLC.
The Child Development Center is one of the many successful programs administered by Healy-Murphy Center.