Smith NMTC Associates is a dedicated organization based in Saint Louis, MO, that specializes in creating and supporting partnerships to build communities through the utilization of over $500 million in New Markets Tax Credits (NMTC) and other financing tools. With a focus on impacting low-income communities in more than 30 states, they collaborate with various entities to structure tax credit transactions that provide new homeownership opportunities, access to services, and job creation in struggling areas.
Through strategic models and partnerships with nonprofit organizations, developers, lenders, investors, and government agencies, Smith NMTC Associates works towards restoring long-term economic equity and changing the personal fortunes of American families by promoting the power of homeownership. Their efforts have resulted in the construction of thousands of affordable houses across 30 cities, showcasing a commitment to community development and revitalization.
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