HFCC Support / Towne Twin Village

New Markets Tax Credit Coalition

San Antonio,
TX
(2022)

HFCC Support / Towne Twin Village

Healthcare, Nonprofit Hub, Shelters and Community Food

Investment

NMTC Amount: $19,000,000
Total Project Cost: $20,172,464

IMPACT

20 FTE jobs
92 construction jobs
46,188 sq. ft. of real estate

CDEs

Accion Opportunity Fund, Capital Impact Partners, Dudley Ventures

Investor

Valley National Bank

Project Description

This project serves the most vulnerable homeless people through a wide array of social, medical, and mental assistance. It will also provide 59 “Tiny Homes”, which will be permanent housing. Housing is targeted to individuals 50 and older experiencing chronic homelessness.

MAP

Address: 4701-4711 Dietrich Road, San Antonio, TX 78219

Census Tract: 48029130900

Other Texas Projects

The Rhodes School

Houston,
(2009)

Community, Public School, Schools, Youth and Families

CDE(s): Self-Help

Self-Help provided NMTC financing for the Rhodes School, which expanded parents' educational choices in the North Channel area

GRUMA Grand Prairie, LLC

Grand Parairie,
TX
(2019)

Business Development, Food Manufacturing, Manufacturing

CDE(s): MBS Urban Initiatives, Texas Mezzanine Fund, The Valued Advisor Fund, USBCDE

The construction of three additional production lines, line expansions, new distribution, and the purchase of shipping and material handling equipment for food manufacturing facility.

Meals on Wheels San Antonio

San Antonio,
TX
(2021)

Shelters and Community Food

CDE(s): Chase, Corporation for Supportive Housing, Urban Development Fund (Aries Capital)

New construction of a 43,730 sq. ft. facility that will have an optimized production kitchen with increased cold and dry storage; an efficient food preparation space; a dedicated volunteer training

Houston Habitat for Humanity

Houston,
TX
(2021)

Affordable Housing, Community, Disaster Recovery, Habitat for Humanity, Harvey, Housing, Retail

CDE(s): Habitat for Humanity

Houston Habitat used NMTC financing for the site development and construction of 39 of the 84 affordable single-family homes planned in Phase 1 of their Robins Landing project.