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Houston, TX (2022)

Avenue Community Development Corporation

Investment

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

IMPACT

  • 19 construction jobs

Investor

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

Voices from the Community

The NMTC deal we closed allowed us to develop 17 new affordable, single family homes in Houston. Homes that could not be developed affordably without the NMTC’s.

-Mark Nightingale, Avenue CDC, Houston, Texas

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