Texas Data and Stories

Map of Selected Projects in Texas

Community Testimonials

The New Markets Tax Credit is one of the most powerful, proven tools for driving private investment into America’s most underserved communities. For over two decades, it has fueled transformative projects—building health centers, schools, small businesses, and infrastructure where traditional financing falls short. This isn’t theory; it’s real-world economic impact. Over $135 billion in private capital. More than 1.2 million jobs. Communities once left behind now thriving. Letting this credit expire would be a devastating step backward. Making the NMTC permanent isn’t just smart policy—it’s a moral and economic imperative.

-Myriam Simmons Foster, Creative Planning

Selected Projects in Texas

The Child Development Center is one of the many successful programs administered by Healy-Murphy Center.
Financing for Community Partners of Dallas, a social service provider.
Construction and development of an approximately 47,000 sq. ft. education center with an aviation career‐driven focus in Dallas, Texas.
The relocation and expansion of Houston Meat Distributors, Inc. into their new headquarters, which includes a new, state-of-the-art, cold storage facility
Austin Street is building a new 60,000 sq. ft. facility that includes 450 shelter beds, 30 medical respite beds, a commercial kitchen, and dedicated spaces for case management and other
Coastal Bend Food Bank, a nonprofit providing emergency food assistance across an eleven-county service area in South Texas, constructed an approximately 108,200 sq. ft. warehouse and distribution center to increase
NMTC financing supported new construction of a 11,150 sq. ft. facility for food bank education and programming, food storage, and distribution.
Construction of a student academic center at a historically black college located in Tyler, Texas.
Park South Family YMCA’s Transformation to Serve Generations to Come

With a $6 million allocation, Housing Channel plans to develop Irving Commons, which will offer 28-30 high density homeownership opportunities within the Heritage Crossing district. The proposed townhome development is

NMTC financing supported the construction of The Briscoe Western Art Museum
NMTC financing allowed the completion of the first phase of their redevelopment project, the Witte Research Center.

Site visits and recent news related to Texas NMTC Projects

Rep. Jodey Arrington (R-TX) tours Hotel Settles in Big Spring

Brint Ryan ,who grew up in Big Spring, was determined to revitalize this aging landmark, and invested $30 million in its renovation
Jul-2018

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.
Oct-2022