Smith NMTC Associates, LLC

About Smith NMTC Associates, LLC

𝗦𝗺𝗶𝘁𝗵 𝗡𝗠𝗧𝗖 𝗔𝘀𝘀𝗼𝗰𝗶𝗮𝘁𝗲𝘀, 𝗟𝗟𝗖 works with mission-driven organizations throughout the country to develop creative financial models and structures for projects that bring affordable homeownership and community facilities and services to low-income communities and their residents. In 2008, 𝗦𝗺𝗶𝘁𝗵 𝗡𝗠𝗧𝗖 𝗔𝘀𝘀𝗼𝗰𝗶𝗮𝘁𝗲𝘀, 𝗟𝗟𝗖 pioneered the first New Markets Tax Credit model for affordable homeownership, in collaboration with U.S. Bancorp Community Development Corporation and Habitat for Humanity International, to deploy $25 million in NMTC allocation that benefited five nonprofit developers in the Gulf Opportunity Zone after Hurricane Katrina. Since then, the Smith NMTC Model has been used to deploy almost $1 billion in NMTCs to develop more than 7,790 homes by 26 Community Development Entities (CDEs) across 34 states and Washington, D.C. As of August 2026, 𝗦𝗺𝗶𝘁𝗵 𝗡𝗠𝗧𝗖 𝗔𝘀𝘀𝗼𝗰𝗶𝗮𝘁𝗲𝘀, 𝗟𝗟𝗖 has closed over $987 million in NMTCs transactions, including $805 million for 161 affordable homeownership projects, in collaboration with 26 CDEs and resulting in 6,306 homes in low-income communities across 33 states and Washington, D.C. 𝗣𝗹𝗲𝗮𝘀𝗲 𝗴𝗲𝘁 𝗶𝗻 𝘁𝗼𝘂𝗰𝗵 - 𝘄𝗲'𝗱 𝗹𝗼𝘃𝗲 𝘁𝗼 𝗰𝗼𝗻𝗻𝗲𝗰𝘁! info@smithnmtc.com www.smithnmtc.com/our-work/services