Housing Stories

Atlanta Habitat for Humanity

Atlanta Habitat for Humanity
City:
Atlanta,
State:
GA
Year:
(2019)
Working capital financing to leverage funds that Atlanta Habitat for Humanity has raised to build new headquarters to serve the South Fulton Community, as well as construct infrastructure development for ...
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Halsey 106

Halsey 106
City:
Portland,
State:
OR
Year:
(2019)
Halsey 106 is a mixed use project that will consist of approximately 84,000 sq. ft. of affordable housing, retail, office space and social services within the Gateway Urban affordable housing, ...
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Friends Community Housing

Friends Community Housing
City:
Los Angeles,
State:
CA
Year:
(2010)
Historically, California has funded privately contracted, for-profit service providers to develop and operate group homes for individuals with developmental disabilities. However, this can leave these 'community care facilities' at risk ...
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Way Finders Housing Center & Headquarters

Way Finders Housing Center & Headquarters
City:
Springfield,
State:
MA
Year:
(2018)
NMTC supports growth of Springfield leader in affordable housing, homelessness prevention, job training & financial education ...
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East Liberty Development, Inc. (ELDI)

East Liberty Development, Inc. (ELDI)
City:
Pittsburgh,
State:
PA
Year:
(2019)
26 affordable homes for low and moderate-income families in the East Liberty neighborhood of Pittsburgh ...
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El Camino Crossing

El Camino Crossing
City:
Santa Fe,
State:
NM
Year:
(2017)
New Mexico’s Homewise Inc. received funding to invest in one of Santa Fe's distressed areas. The New Markets Tax Credit allocated $5 million to rehabilitated the Siler Road and Agua ...
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Habitat for Humanity, Buena Vista City

Habitat for Humanity, Buena Vista City
City:
Buena Vista City,
State:
VA
Year:
(2010)
Construction of affordable, for sale housing ...
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The Housing Channel

The Housing Channel
City:
Arlington,
State:
TX
Year:
(2017)
Housing Channel, a local nonprofit developer, used its $5M allocation to implement a housing development program in collaboration with the City of Arlington and for-profit program partners to revitalize the ...
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CDC of Brownsville

CDC of Brownsville
City:
Brownsville,
State:
TX
Year:
(2017)
Excerpt from a post by Neighborworks Capital For 44 years, CDC of Brownsville (CDCB) has developed and invested in affordable single-family homes in Brownsville, Texas, which persistently has some of ...
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Arroyo Crossing

Arroyo Crossing
City:
Moab,
State:
UT
Year:
(2019)
Moab Area Community Land Trust is sponsoring the construction of subdivision infrastructure (streets, sidewalks, curbs, sewer and water lines, gas and electrical and storm water drainage) to support the development ...
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Los Angeles Family Housing Phase 1

Los Angeles Family Housing Phase 1
City:
North Hollywood,
State:
CA
Year:
(2016)
Supportive services facility for the homeless families in the San Fernando Valley. LAFH is a unique provider because its supportive services and real estate development address the full continuum of ...
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Summit Grove

Summit Grove
City:
Pasadena,
State:
CA
Year:
(2016)
Genesis LA provide NMTC financing for the construction of 21 affordable homeownership units that replaced a nuisance liquor store at a blighted intersection in Pasadena. The property includes communal outdoor ...
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Habitat for Humanity of Central Arizona

Habitat for Humanity of Central Arizona
City:
Apache Junction,
State:
AZ
Year:
(2013)
Habitat for Humanity builds & renovates simple, decent, affordable homes in partnership with needy families. This project added 34 affordable single family housing units to a highly distressed community ...
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Summer Town Estates

Summer Town Estates
City:
Dededo,
State:
GU
Year:
(2016)
CBO Financial funded $5.0M in New Markets Tax Credit financing for the Summer Town Estates Commercial Center. The Center offers commercial goods and social services that improve the quality of ...
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Habitat for Humanity of Greater Miami, Inc.

Habitat for Humanity of Greater Miami, Inc.
City:
Miami,
State:
FL
Year:
(2006)
NMTC financing supported the construction of 248 affordable homes ...
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Habitat for Humanity, Gulf Coast Affiliates

Habitat for Humanity, Gulf Coast Affiliates
City:
Gulfport,
State:
MS
Year:
(2009)
Affordable For-Sale Single Family Housing: The Habitat Homes Project provided support to Habitat for Humanity (HFH) affiliates located in Metro Jackson and in the Mississippi Gulf Coast areas of Mississippi ...
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Habitat for Humanity MCA

Habitat for Humanity MCA
City:
Jackson,
State:
MS
Year:
(2012)
Habitat for Humanity Mississippi Capital Area (HFHMCA) invested $5.7M in Midtown and west Jackson areas by creating or renovating 50 homes. One feature home constructed with the financing achieved LEED ...
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Paseo Verde

Paseo Verde
City:
Philadelphia,
State:
PA
Year:
(2012)
Paseo Verde is a $48.2 million mixed-use, transit-oriented, green development in Philadelphia’s Ludlow community - a low-income, distressed neighborhood currently undergoing a revitalization drive fueled by strong public and private ...
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Halsey Street Teachers Village Worforce Housing B

Halsey Street Teachers Village Worforce Housing B
City:
Newark,
State:
NJ
Year:
(2018)
Halsey Street Teachers Village Workforce Housing Project B, the last phase of larger development known as Teachers Village in downtown Newark, New Jersey. This phase has 81 residential units, are ...
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Halsey Street Teachers Village Workforce Housing A

Halsey Street Teachers Village Workforce Housing A
City:
Newark,
State:
NJ
Year:
(2012)
The $64 million Halsey Street Workforce Housing project was the second phase of a larger Teachers Village development designed to revitalize downtown Newark, one of the country's most economically depressed ...
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225 Centre Street

225 Centre Street
City:
Boston,
State:
MA
Year:
(2011)
The 225 Centre Street project was the construction of a new mixed‐use property in the Jackson Square district of Jamaica Plain, an economically‐disadvantaged neighborhood near downtown Boston. The six‐story building ...
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University Crossings

University Crossings
City:
Chester,
State:
PA
Year:
(2013)
Part of a larger initiative by Widener University to invest in its community, Becker & Frondorf worked with developer Teres Holdings to create University Crossings, a state-of-the-art mixed-use development adjacent ...
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Oxford Mills

Oxford Mills
City:
Philadelphia,
State:
PA
Year:
(2012)
In Philadelphia, the NMTC transformed a former textile mill and warehouse into apartments for teachers and non-profit office space designed for education related firms ...
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Atlanta Neighborhood Development Partnership

Atlanta Neighborhood Development Partnership
City:
Atlanta,
State:
GA
Year:
(2018)
Financing of Single Family Homes for Atlanta Neighborhood Development Partnership. John O’Callaghan, CEO of Atlanta Neighborhood Development Partnership, saw the opportunity to leverage NMTC dollars as a path to providing ...
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Habitat for Humanity St. Louis

Habitat for Humanity St. Louis
City:
Saint Louis,
State:
MO
Year:
(2012)
The Jeff Vander Lou (JVL) neighborhood of St. Louis, located less than 2 miles from downtown, was once a healthy and vibrant community. However, the neighborhood fell into decline and ...
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Omaha Habitat for Humanity

Omaha Habitat for Humanity
City:
Omaha,
State:
NE
Year:
(2010)
North Omaha, Nebraska is a neighborhood plagued by high rates of poverty, unemployment, and crime. In an effort to address these challenges, the City of Omaha targeted North Omaha as ...
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Millers Court

Millers Court
City:
Baltimore,
State:
MD
Year:
(2005)
Each year, the city of Baltimore hires as many as 1,000 new teachers. Having capable and dedicated teachers to serve as educators, role models, and leaders is critical to the ...
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East Baltimore Redevelopment

East Baltimore Redevelopment
City:
Baltimore,
State:
MD
Year:
(2007)
As part of the redevelopment plan approved by the Baltimore City Council, East Baltimore Development Inc. (EBDI) has lead responsibility to manage the implementation of the revitalization of 88 acres ...
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Artspace Commons

Artspace Commons
City:
Salt Lake City,
State:
UT
Year:
(2015)
Macaroni Flats is the historic rehabilitation of the Western Macaroni Manufacturing Company warehouse originally built in 1900. The project opened in December 2016 and includes 13 residential one and two ...
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Habitat for Humanity Multi-State Project

Habitat for Humanity Multi-State Project
City:
Commerce City,
State:
CO
Year:
(2012)
Funds the work of 21 Habitat for Humanity affiliates nationwide. Will result in the construction of 503 single-family homes for purchase by low-income individuals. Affiliates located in AZ, CA, CO, ...
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From the Blog

World Habitat Day

Today, on World Habitat Day, we’re highlighting many of the Habitat for Humanity projects financed by the New Markets Tax Credit. The credit has supported thousands of affordable, single-family houses – often in areas recovering from disasters.

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Recent NMTC Projects in Minnesota’s 4th District

Small business incubator, training center opens on St. Paul’s East Side Dayton’s Bluff Neighborhood Housing Services of St. Paul, in partnership with Neighborhood Development Center (NDC), opened a small-business incubator and training center in the summer of 2017 at 809 E. Seventh St. The primary focus is minority neighborhood entrepreneurs who own small and start-up…

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