Sylvester Turner (D-TX18)

Tax Staffer: Laura Rincon-Bianchi, laura.rincon-bianchi@mail.house.gov.

District Highlights

27 projects
308,288,204 in NMTC allocation
622,741,620 total project financing
3,387 FTE jobs created or retained
5,499 construction jobs created
3 manufacturing businesses
3 federally qualified health centers

27

projects

$308,288,204

NMTC Allocation

$622,741,620

in total project financing

3,387

FTE jobs

5,499

construction jobs

3

federally qualified health centers

3

manufacturing and industrial businesses supported

NMTC Project Profiles (Inside the District)

Hope Harbor

Houston,
TX
(2018)

Addiction Treatment, Behavioral Health, Healthcare, Homeless Services, Shelters and Community Food

CDE(s): Capital One, PeopleFund NMTC, Urban Action Community Development

NMTC financing supported a nonprofit organization providing transitional housing for Houston's homeless population

Interfaith Ministries for Greater Houston

Houston,
TX
(2013)

Food Bank or Pantry, HFFI, Historic Rehabilitation, Shelters and Community Food

CDE(s): Consortium America, PeopleFund NMTC

NMTC financing helped Interfaith Ministries for Greater Houston develop 53,500 sq. ft. Meals on Wheels Distribution Center.

Avenue Community Development Corporation

Houston,
TX
(2022)

Affordable Housing

CDE(s): Community Housing Capital

$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.

Houston Habitat for Humanity

Houston,
TX
(2021)

Affordable Housing, Community, Creative Farming, Disaster Recovery, Environment, Habitat for Humanity, Harvey, Housing, Retail

CDE(s): 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

Houston,
TX
(2013)

Business Development, Manufacturing

CDE(s): Chase, National New Markets Fund, Texas Mezzanine Fund

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

Houston Food Bank 1

Houston,
TX
(2016)

Community, Food Bank or Pantry, Harvey, HFFI, Homeless Services, Shelters and Community Food

CDE(s): Urban Development Fund (Aries Capital)

The Houston Food Bank utilized NMTC financing to rehabilitate and add space to their current properties and to move the location of their kitchen to this updated site in order

POST Houston

Houston,
TX
(2019)

Arts, Community, HFFI, Historic Rehabilitation, Historic Tax Credit, Incubator, Manufacturing, Mixed-use, Retail

CDE(s): MBS Urban Initiatives, PeopleFund NMTC

Financing for the POST Houston revitalization in downtown Houston, Texas.

Houston Food Bank 2

Houston,
TX
(2010)

Community, Food Bank or Pantry, Harvey, HFFI, Homeless Services, Shelters and Community Food

CDE(s): CRFUSA, Grow America, Local Initiatives Support Corporation

The construction of a warehouse for Houston Food Bank, a freezer/distribution facility.

TWH WholeLife Center

Houston,
TX
(2016)

Community, Daycare and Early Childhood, Food Bank or Pantry, FQHCs, Healthcare, Homeless Services, Shelters and Community Food, Supportive Housing, Youth and Families, Youth Program

CDE(s): Capital One, Corporation for Supportive Housing

Financing for The Women's Home Mabee WholeLife Service Center in Houston, using an innovative financing structure that makes a tangible difference in one of the cities' most needy areas.