Indian River County Habitat for Humanity

Vero Beach,
FL
(2010)

Indian River County Habitat for Humanity

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

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

CDEs

Stonehenge Community Development

Investor

Unknown

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

College Park

Jacksonville,
FL
(2022)

Business Development, Community, Grocery and Fresh Food, Retail, Retail and Commercial

CDE(s): Local Initiatives Support Corporation, RBC Community Development

The $18 million rejuvenation of a shopping center creates over 100 jobs in Jacksonville, FL

Mitchell Early Learning

Jacksonville,
FL
(2019)

Community, Daycare and Early Childhood, Youth and Families

CDE(s): BBIF

NMTC financing supported the acquisiion of a facility for Mitchell Early Learning.

Feeding Northeast Florida

Jacksonville,
FL
(2022)

Community, Shelters and Community Food

CDE(s): Florida Community Loan Fund

Purchase and rehabilitation of 120,000 sq-ft facility to address food insecurity

Centerstone of Florida

Bradenton,
FL
(2017)

Addiction Treatment, Behavioral Health, Community, Healthcare

CDE(s): Nonprofit Finance Fund, Wells Fargo

A $3M expansion of the Crisis Stabilization Center at Centerstone's Behavioral Hospital and Addiction Center at 2020 26th Ave.