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

4Roots

Orlando,
FL
(2022)

Shelters and Community Food

CDE(s): BBIF

4Roots is an alliance of community stakeholders investing in a healthy thriving, sustainable, food system.

Las Olas City Centre

Fort Lauderdale,
FL
(2010)

Professional Services, Retail and Commercial

CDE(s): Advantage Capital

NMTC financing supported the contruction of Las Olas City Centre, a commercial office space and coworking center.

Jackson Hospital

Marianna,
FL
(2021)

Healthcare

CDE(s): River Gorge Capital

A hospital based in Marianna, Florida. The loan, in the amount of $13,500,000, funded the purchase of new patient treatment equipment (MRI and CAT scan machines), as well as post

University of Miami Life Sciences Park

Miami,
FL
(2009)

Business Development, Incubator

CDE(s): Florida Community Loan Fund

Wexford Science+ Technology is developing the UM Life Science Park to provide opportunities to foster the development of life sciences, technology, and biotechnology innovations.