Indian River County Habitat for Humanity

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 live.

Investment

  • NMTC Amount: $6,000,000
  • Total Project Cost: $6,000,000

IMPACT

  • 17 FTE jobs
  • 5 construction jobs
  • 60 new affordable homes

Investor

Project Description

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 live.

The Habitat affiliate used the proceeds of the NMTC financing to construct 60 affordable homes.

MAP

Address: 4037 41st Street, Vero Beach, FL 32948

Census Tract: 12061050606

Other Florida Projects

NMTC financing supported a company that refurbishes and sells telecommunication equipment.

A new $35 million-dollar, 95,000 square foot data center facility and global headquarters in historic Eatonville, Florida.
Financing for the Boys and Girls Club of Miami-Dade to expand their programming.

The project will be turned into an entrepreneurship center operated by the borrower that provides temporary co-working and events space, a shared commercial kitchen, and workforce development consulting and training