New Markets Tax Credit Coalition

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Avenue Community Development Corporation

Investment

  • NMTC Amount: $5,000,000
  • Total Project Cost: $5,000,000

IMPACT

  • 19 construction jobs

Investor

Voices from the Community

$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.

 

https://www.avenuecdc.org/2022/what-the-heck-is-a-noah/

-Mark Nightingale, Avenue CDC, Houston, Texas

Project Description

$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.

 

https://www.avenuecdc.org/2022/what-the-heck-is-a-noah/

MAP

Address: Scattered site, Houston, TX 77009

Census Tract: 48201980700

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