Housing

Universal Ford – Fox Building Renovations

Tulsa,
OK
(2015)

Affordable Housing, Business Development, Community, Historic Rehabilitation, Incubator, Manufacturing, Retail

CDE(s): New Markets Redevelopment (Wiggin), REI Development Corp

Renovation of a building in Tulsa's downtown warehouse and industrial district, now known as Brady Arts, site of the Tulsa race riot in 1921.

Mel Trotter Industries

Grand Rapids,
MI
(2023)

Business Development, College or Vocational Training, Community, Housing, Manufacturing, Shelters and Community Food, Supportive Housing, Vocational Training

CDE(s): Chase, Cinnaire New Markets, Consortium America, Michigan Community Capital

Mel Trotter Ministries Creating New Opportunities in Grand Rapids

Highland Accelerator

Omaha,
NE
(2016)

Adult Education, Affordable Housing, Business Development, College or Vocational Training, Community, Food Manufacturing, Healthcare, Incubator, Manufacturing

CDE(s): Chase, Dakotas America, RBC Community Development

A nonprofit organization with the mission of revitalizing the Highlander neighborhood of North Omaha-the blighted and highly disinvested former site of a failed 23-acre public housing complex demolished in 2009.

The Arcade Building

Saint Louis,
MO
(2014)

Adult Education, Affordable Housing, College or Vocational Training, Community, Housing, Mixed-use, Retail

CDE(s): Central Bank of Kansas City, Enterprise Financial CDE, National Trust Community Investment Corporation, St. Louis Development Corporation, USBCDE

St. Louis, MO The Arcade Building was originally built for retail and office use. Abandoned since the 1980s, its 2012 rehabilitation brought new residential, commercial, and educational opportunities to the

First Place – Phoenix

Phoenix,
AZ
(2018)

Adult Education, Affordable Housing, College or Vocational Training, Community, Daycare and Early Childhood, Healthcare, Housing, Mixed-use, Youth and Families

CDE(s): Clearinghouse CDFI, Dudley Ventures

Set in the heart of a disinvested area of Phoenix, First Place-Phoenix is a first of its kind mixed-use residential property designed to provide residential options and opportunities for independent

Metropolitan Ministries MiraclePlace Pasco

Holiday,
FL
(2024)

Daycare and Early Childhood, Shelters and Community Food, Supportive Housing

CDE(s): Chase, Florida Community Loan Fund, The Reinvestment Fund

New construction and renovation of existing facilities amplifies organization’s reach with housing and services to those experiencing or at risk of homelessness.

For-Sale Housing and New Market Tax Credits, an Odd Pairing that Works

Affordable Housing, Community, Housing

Urban League of Essex Housing

Newark,
NJ
(2023)

Housing

CDE(s): National Community Investment Fund

Eight new homes for low-and-moderate-income families in Newark, NJ

Austin Habitat for Humanity – Persimmon Point Project

Austin,
TX
(2024)

Habitat for Humanity, Housing

CDE(s): Habitat for Humanity

The NMTC helps finance Austin Habitat’s new 126-unit affordable homeownership development and spur local investment in a highly distressed community.

The Watershed

Sturgis,
MI
(2022)

Affordable Housing, Historic Rehabilitation, Mixed-use

CDE(s): Michigan Community Capital

Rural investment supporting attainable housing and social-enterprise.

Greater Cleveland Habitat for Humanity – Buckeye-Woodhill Project

Cleveland,
OH
(2021)

Habitat for Humanity, Housing

CDE(s): Habitat for Humanity

The NMTC helps finance Greater Cleveland Habitat for Humanity’s transformative scattered site homeownership development and spur local investment in Cleveland’s severely distressed Buckeye-Woodhill neighborhood

Wilson Lofts

Community, Historic Rehabilitation, Mixed-use, Restaurants and Catering, Workforce Housing

CDE(s): Five Points Capital, Urban Action Community Development

Award Winning Project Brings the Wilson Buildings Back to Live in Clinton, IA

NHS Baltimore Mondawmin Project

Housing

CDE(s): Community Housing Capital

NMTC investment is critical to making 47 quality rowhomes affordable to Baltimore homebuyers.

Randolph Road

Habitat for Humanity, Housing

CDE(s): Habitat for Humanity, Harbor Bankshares Corporation

Habitat For Humanity Metro Maryland utilized NMTC funding to develop 27 high quality affordable homeownership opportunities as part of the innovative Randolph Road project, a 195-unit rental and for-sale housing

Our House

Daycare and Early Childhood, Healthcare, Nonprofit Hub, Schools, Supportive Housing

CDE(s): Heartland Renaissance Fund

Building a Uniquely Effective Pathway Out of Homelessness in Central Arkansas

Living Rooms at the Border

Mixed-use, Nonprofit Hub, Supportive Housing, Theaters and Performing Arts Spaces

CDE(s): Civic Community Partners

A mixed-use project in the historic heart of San Ysidro, a predominantly Latino community, allowed a community-based nonprofit to expand its social services and deliver much needed housing.

San Joaquin Valley Infill

Housing

CDE(s): Housing Partnership Network

NMTC enables 19 low- and very low-income BIPOC families attain the dream of homeownership

Metropolitan Ministries MiraclePlace

Daycare and Early Childhood, Shelters and Community Food, Supportive Housing

CDE(s): Chase, Florida Community Loan Fund, The Reinvestment Fund

New construction and renovation of existing facilities amplifies organization’s reach with housing and services to those experiencing or at risk of homelessness.

The Watershed

Affordable Housing, Historic Rehabilitation, Mixed-use

CDE(s): Michigan Community Capital

Rural investment supporting attainable housing and social-enterprise.

Greater Cleveland Habitat

Habitat for Humanity, Housing

CDE(s): Habitat for Humanity

Urban League of Essex Housing

Housing

CDE(s): National Community Investment Fund

Eight new homes for low-and-moderate-income families in Newark, NJ

Austin Habitat for Humanity

Habitat for Humanity, Housing

CDE(s): Habitat for Humanity

The NMTC helps finance Austin Habitat’s new 126-unit affordable homeownership development and spur local investment in a highly distressed community.

Armstrong Renaissance

Housing

CDE(s): Housing Partnership Network

NMTC investment enables Better Housing Coalition to develop 20 of 36 total homes in its mixed-income subdivision which is part of a larger 265 unit housing development in Richmond, VA.

Housing Access and Neighborhood Stabilization Revolving Loan Fund

Saint Louis,
MO
(2022)

Habitat for Humanity, Loan Fund

CDE(s): St. Louis Development Corporation

This is phase 1 of a 10- to 15-year development plan that looks at transformation where people live, work and play in their corner of the JeffVanderLou neighborhood. Habitat for

Birmingham YMCA

Birmingham,
AL
(2024)

Affordable Housing, Community, FQHCs, Habitat for Humanity, Healthcare, Housing, Recreation, YMCAs and YWCAs, Youth and Families, Youth Program

CDE(s): Gulf Coast Housing Partnership, Pathway Lending, PNC

Birmingham YMCA used NMTC allocation to renovate their existing sq. ft. Northeast Youth Center

Hope House

Bronx,
NY
(2023)

Behavioral Health, Supportive Housing

CDE(s): NYC Neighborhood Capital Corporation

NYCNCC is providing financial assistance for the construction of a 16-bed, 12,000 sq. ft. alternative to incarceration facility in the East Tremont neighborhood of the Bronx. Launched with significant community

Lawndale Christian Legal Center

Chicago,
IL
(2023)

Supportive Housing, Tech

CDE(s): Chicago Development Fund, Corporation for Supportive Housing

In November 2023, CDF provided $4.5 million in NMTC (NMTC) allocation to Lawndale Christian Legal Center (LCLC) to fund the rehabilitation of a 24,600-sq. ft. existing facility and the construction

Better Housing Coalition, Inc.

Richmond,
VA
(2023)

Housing

CDE(s): Housing Partnership Network

A Virginia nonprofit, Better Housing Organization is a leader in community revitalization and collaboration with local residents, government, and agencies to create positive and sustainable change. Since 1988, BHC has

How Capital One uses this federal program to lift up a historic Atlanta neighborhood

Affordable Housing

CDE(s): Capital One

Capital One participates in the federal New Markets Tax Credit (NMTC) program, which encourages community development and economic growth through the use of tax credits to attract private investment in

50 PENN

Brooklyn,
NY
(2022)

Affordable Housing, Grocery and Fresh Food

CDE(s): RBC Community Development

NMTC funding will provide funds for a new “FRESH” supermarket, plus operating expenses during lease-up and working capital during rent-abatement period. This project’s financing is part of a $10.5 million

Quinault Housing Authority

Taholah,
WA
(2019)

Affordable Housing

CDE(s): Chickasaw Nation Community Development Endeavor

In Washington, the Quinault Housing Authority (QHA) used $400,000 toward the construction of 35 new single-family homes, which are currently under construction in Taholah on the Quinault Reservation.

Washington County GreenHouse

Akron,
CO
(2015)

Healthcare, Housing

CDE(s): Capital Impact Partners, Chase

Ground-up construction of 4 Green House homes with skilled nursing care

Smith NMTC Announces Closing of $24M Housing Partnership Network Allocation

Affordable Housing, Community, Housing

CDE(s): Housing Partnership Network

The Smith NMTC Associates team is excited to announce the closing of a $24 million Housing Partnership Network (HPN) New Markets Tax Credit (NMTC) transaction providing three separate NMTC loans

Habitat for Humanity Greater Cincinnati

Cincinnati,
OH
(2012)

Community, Habitat for Humanity, Housing

CDE(s): CEI Capital Management

NMTC financing supported a multi-state, first of its kind Habitat for Humanity project spanning the country.

Santa Cruz Community Health Center

Santa Cruz,
CA
(2022)

Affordable Housing, Behavioral Health, Community, FQHCs, Healthcare

CDE(s): Grow America, Primary Care Development Corporation

NMTC financing supported the construction of a new 20,000 sq. ft., two-story facility that provides medical, behavioral health and specialty care, with a focus on pediatrics and serving the house-less

Chatham Habitat for Humanity

Siler City,
NC
(2011)

Habitat for Humanity

CDE(s): Habitat for Humanity

NMTC financing supported a Habitat for Humanity Build for Chatham Habitat for Humanity