Since 2008, Smith NMTC has supported nonprofit developers in utilizing NTMCs to provide critical affordable homeownership opportunities and increased community services in struggling communities. With transactions in over 30 states, this work has resulted in the development of nearly 4,000 homes in low-income communities, as well as community facilities including credit unions, early childhood centers, youth camp facilities and an community empowerment center. Without the NMTC allocation, these projects would lack the needed capital to meet targeted outcomes/schedules.
High tech research has found a home at the Roy Blunt Jordan Valley Innovation Center (JVIC). This former MFA milling facility has been transformed into a seven-story state-of-the-art research facility … Read More
Guardian Angel Settlement Association (GASA) requested these funds to support the development of a new Social Services Center at 3300 South Jefferson in the Benton Park neighborhood. The total project … Read More
The River City Business Park project involved $70 million redevelopment of a long-abandoned brownfield site into a 54 acre LEED-certified business park in a highly distressed community on the southern … Read More
The 21,272-square-foot facility at 1000 North Vandeventer Ave. provides meeting rooms, a chapel, and a large conference space for up to 125 people, as well as administrative offices for the … Read More
Technology Entrepreneur Center that fosters growth of new innovative IT companies. T-REx, backed by $1.7 million in New Markets Tax Credit equity from U.S. Bank, has bought the Lammert Building, … Read More
Early Childhood Education Center – The I. Jerome and Rosemary Flance Early Childhood Education Center at Murphy Park (“The Flance Center”) is an innovative community facility that offers exceptional care … Read More
The Old Post Office historic district of downtown St. Louis is the site of revitalization projects, including the Syndicate Building considered a key, cornerstone; historic building that was in a … Read More