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

Other Texas Projects

The NMTC supported Rich Products’ new state-of-the-art frozen dessert processing center is located in Missouri City, Texas.
With NMTC financing the construction of 20 new private rooms allows the RMH of Ft. Worth to house 300 more families each year.
Financing supported Pineywoods Community Academy, a public, open enrollment Charter School.
Construction and permanent financing for a 37,100 square foot medical clinic and office building