New Markets Tax Credit Coalition

Rockbridge Area Habitat for Humanity

Construction of affordable, for sale housing.

Investment

  • NMTC Amount: $681,594
  • Total Project Cost: $825,000

IMPACT

  • 2 FTE jobs
  • 7 construction jobs

Investor

Project Description

Thanks to NMTC financing and support from Smith NMTC, Rockbridge Area Habitat for Humanity was able to construct seven new affordable, for sale housing units in Buena Vista, Virginia.

MAP

Address: 1700 Spruce Avenue, Buena Vista City, VA 24416

Census Tract: 51530930600

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A growing company expanded operations and created quality jobs in Norfolk, VA
The construction of a $7.2M medical center and dental clinic which provide comprehensive medical and dental care, as well as rural health outreach programs, to medically underserved communities in rural
Adaptive reuse of local landmark as a boutique hotel and centerpiece of downtown revitalization efforts.
Construction of affordable, for sale housing.