Smith NMTC Associates, LLC
Financial ServicesMissouri, United States11-50 Employees
Smith NMTC Associates, LLC is a financial services firm based in St. Louis, Missouri, employing 11-50 people. The company collaborates with mission-driven organizations across the United States to develop financial models and structures that utilize New Markets Tax Credits to advance affordable homeownership and the provision of community facilities and services in low-income communities. In 2008, it helped pioneer the first NMTC model for affordable homeownership, in partnership with U.S. Bancorp Community Development Corporation and Habitat for Humanity International, deploying $25 million in NMTC allocation to benefit nonprofit developers in the Gulf Opportunity Zone after Hurricane Katrina. As of December 19, 2025, Smith NMTC Associates has closed more than $925 million in NMTC transactions, including $760 million for 160 affordable homeownership projects, in collaboration with 24 community development entities and resulting in 6,171 homes across 33 states and Washington, D.C. The company maintains a website at smithnmtc.com.