Housing Stories

La Casa Norte 2

La Casa Norte 2
City:
Chicago,
State:
IL
Year:
(2017)
New construction of a mixed-use supportive housing and community wellness center. - In July 2017, CDF provided $9.5 million in New Markets Tax Credits to La Casa Norte for construction ...
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Union Gospel Mission

Union Gospel Mission
City:
Pasco,
State:
WA
Year:
(2017)
Homeless service in Pasco, Washington. Tri-City Union Gospel Mission is a Christ-centered organization desiring to see homeless, hopeless and hurting people in the community become transformed by the Gospel. The ...
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Habitat for Humanity Tucson

Habitat for Humanity Tucson
City:
Tucson,
State:
AZ
Year:
(2011)
Habitat for Humanity build of 25 affordable, for-sale housing units in Tucson ...
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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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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 Fria ...
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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 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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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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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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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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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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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 space; ...
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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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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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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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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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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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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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The Green House Homes at Mirasol

The Green House Homes at Mirasol
City:
Loveland,
State:
CO
Year:
(2013)
In 2014, Capital Impact Partners worked in partnership with the Loveland Housing Authority to open Colorado’s first ever GREEN HOUSE® Project. A radical new model for skilled nursing care, Green ...
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Loudon County Habitat for Humanity, Inc.

Loudon County Habitat for Humanity, Inc.
City:
Loudon,
State:
TN
Year:
(2011)
Financing for the construction of 18 affordable homes for Loudoun County Habitat for Humanity ...
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Mercado la Paloma

Mercado la Paloma
City:
Los Angeles,
State:
CA
Year:
(2014)
For decades, the residents of the diverse Figueroa Corridor in Los Angeles struggled with a lack of quality jobs and business opportunities, low educational attainment, high poverty, health issues and ...
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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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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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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 of Greater Des Moines

Habitat for Humanity of Greater Des Moines
City:
Des Moines,
State:
IA
Year:
(2012)
Greater Des Moines (GDM) Habitat for Humanity and affiliates in Cedar Valley, Iowa Heartland, Iowa Valley and Siouxland shared $12 million of NMTC to finance 94 Habitat for Humanity homes ...
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Denver Housing Authority

Denver Housing Authority
City:
Denver,
State:
CO
Year:
(2018)
Denver Housing Authority (DHA) is building a 175-unit, 117-square-foot Collaborative Resources Facility (the 'facility') and community gardens with a fresh food farmers market (collectively, the 'project'). The project is a ...
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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 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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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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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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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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