Texas

State Fact Sheet

Map of Selected Projects in Texas

Community Testimonials

The NMTC deal we closed allowed us to develop 17 new affordable, single family homes in Houston. Homes that could not be developed affordably without the NMTC’s.

-Mark Nightingale, Avenue CDC, Houston, Texas

Selected Projects in Texas

2018

Fort Worth, TX | 33 District

Trinity Basin Prep

Capital One Raza Development Fund

A $7 million federal NMTC financing to construct the first phase of the new Trinity Basin Prep charter school…

2021

San Antonio, TX | 35th District

Saueressig

AMCREF

In December 2021, AMCREF Community Capital provided $9.9 million of NMTC financing to Schawk USA, Inc. a subsidiary of…

2019

Austin, TX | 37th District

Mission Plaza – Foundation Communities

MBS Urban Initiatives PeopleFund NMTC

This $17 million NMTC financing, in partnership with PeopleFund, MBS Urban Initiatives CDE, and US Bancorp Community Development Corporation,…

2021

Arlington, TX | 25th District

Arlington Life Shelter

CRFUSA

Financed the substantial rehab of a facility that provides employment, education, childcare and homeless services in Tarrant County, Texas….

2019

Brenham, TX | 10th District

Wee Care for All Child Care Center

USBCDE

Wee Care for All Child Care Center has been providing childcare services to rural Brenham, Texas since 2013. Wee…

2017

Austin, TX | 35th District

Magnolia Montessori

Capital Impact Partners Capital One PeopleFund NMTC

financing helped support the creation of a student-run farm, garden, orchard, farmer’s market, and teacher training center. The project…

2021

Brownwood, TX | 11th District

Hendrick Medical Center – Brownwood

Five Points Capital Pacesetter CDE

Finances the reimbursement of acquisition costs and additional improvements of the Hendrick Medical Center Brownwood, a 253,500 sq. ft.,…

2021

Corsicana, TX | 6th District

Aububon Metals

AMCREF Consortium America CRFUSA Rural Development Partners Valued Advisor Fund

(Via RDP) Rural Development Partners (RDP) is proud to partner with Audubon Metals Texas LLC to help expand the…

2021

McKinney, TX | 3rd District

Family Health Center on Virginia

PNC Texas Mezzanine Fund

Construction of a new 25,000 sq. ft. medical building to be leased to a FQHC in McKinney, TX….

2019

Dallas, TX | 30th District

Paul Quinn College

National Community Investment Fund

Dormitory and gymnasium/community space for a historically black college…

2021

Houston, TX | 29th District

Northline

Community Housing Capital

Avenue CDCWith a $5 million NMTC allocation from CHC, Avenue CDC plans to build approximately sixteen affordable homes at…

2021

Irving, TX | 12th District

Housing Channel

Housing Partnership Network

With a $6 million allocation, Housing Channel plans to develop Irving Commons, which will offer 28-30 high density homeownership…

Beth Van Duyne (R-TX) visits with Stonehenge and TWG Supply

Stonehenge Capital was honored to recently host Congresswoman Beth Van Duyne (TX-24) to discuss the bipartisan New Markets Tax Credit (NMTC) Program. We were joined by Christopher Giblin, President of TWG Supply. Located in Texas’ 24th Congressional District, TWG Supply supplies aftermarket parts for airport maintenance. After facing challenges in obtaining traditional financing, the business utilized the #NMTC Program to overcome the financing gap. The investment provided the Grapevine, TX based company the working capital to grow its business and workforce throughout the COVID-19 pandemic. Congresswoman Van Duyne’s leadership in supporting permanence for the #NMTC Program will ensure that

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