Atlanta Habitat for Humanity

New Markets Tax Credit Coalition

Atlanta,
GA
(2019)

Atlanta Habitat for Humanity

Adult Education, Affordable Housing, College or Vocational Training, Community, Habitat for Humanity, Housing

A new Habitat for Humanity headquarters now serves the South Fulton Community, along with infrastructure development for new mixed-income community of Browns Mill Village.

Investment

NMTC Amount: $13,000,000
Total Project Cost: $13,957,519

IMPACT

14 FTE jobs
40 construction jobs
75 people served through financial counseling

CDEs

Local Initiatives Support Corporation, RBC Community Development, Truist

Investor

Truist

Project Description

The NMTC provided working capital financing to leverage funds that Atlanta Habitat for Humanity had already raised to build a new headquarters to serve the South Fulton Community, as well as construct infrastructure development for new mixed-income community of Browns Mill Village. NMTCs also financed land acquisition for future affordable housing development.