Habitat for Humanity of Hillsborough County

Temple Terrace,
FL
(2021)

Habitat for Humanity of Hillsborough County

Affordable Housing, Habitat for Humanity

Hillsborough Habitat used NMTC financing to complete the development of 25 homes in the Tampa area.

Investment

NMTC Amount: $1,728,895
Total Project Cost: $5,215,000

IMPACT

30 construction jobs
Development of 25 affordable homes.

CDEs

Habitat for Humanity

Investor

US Bank

Voices from the Community

We were able to gain over $200,000 in our last NMTC deal. This helps us to provide additional units of affordable housing in our community. Having different tools in our fundraising toolbox is what makes affordable housing possible.

-Tina Forcier, Habitat for Humanity of Hillsborough County FL, Inc., Tampa, FL

We have been waiting for the opportunity to participate in an NMTC deal so we can expand affordable housing in Tampa. With more than 40% of our households cost-burdened, we need to act using all tools available to us.

-Tina Swain, CEO, Habitat for Humanity of Hillsborough County, Tampa, Florida

Project Description

HILLSBOROUGH HABITAT is using an $1.69M loan to complete the development of 25 homes in the Tampa area. The homes are aesthetically complimentary to the local neighborhoods and designed for resilience and long-term sustainability relative to hurricane insurance costs, energy and water efficiency, and product durability. The homes are located in three different areas of Hillsborough County including “infill homes” in East Tampa, a townhome community in Brandon, and a new community of 12 single family homes in Temple Terrace.

MAP

Address: 9603 Silvio Palms Lane, Temple Terrace, FL 33617

Census Tract: 12057010401

Other Florida Projects

Indian River County Habitat for Humanity

Vero Beach,
FL
(2010)

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

CDE(s): Stonehenge Community Development

Smith NMTC and Stonehenge partnered to provided $6 million in NMTC financing to Indian River County Habitat for Humanity, an organization founded to help ensure everyone has a place to

Second Harvest Food Bank of Central Florida

Orlando,
FL
(2012)

Community, Daycare and Early Childhood, Food Bank or Pantry, HFFI, Homeless Services, Shelters and Community Food, Youth and Families, Youth Program

CDE(s): CCG Community Partners, Urban America, Wells Fargo

Second Harvest Food Bank of Central was able to secure a new, 100,000 sq. ft. food bank and distribution center serving central Florida communities thanks to the NMTC.

Habitat for Humanity of Pinellas County

Saint Petersburg,
FL
(2012)

Affordable Housing

CDE(s): CEI Capital Management

This Habitat for Humanity Multi-State Project funds the work of 21 Habitat for Humanity affiliates nationwide. Will result in the construction of 503 single-family homes for purchase by low-income individuals.

Veronica Anderson, Anderson & Associates, P.A

Sanford,
FL
(2018)

Retail

CDE(s): Black Business Investment Fund

NMTC financing helped a small business owner purchase her own building and elevate her business to the next level.