Home Depot New Markets Corp. (Home Depot) received an allocation of NMTCs for use in the recovery and redevelopment of the Hurricane Katrina Gulf Opportunity zone. Home Depot will make loans with significantly below-market rates and terms to retail stores and other facilities located in severely economically distressed communities, where investments are not otherwise expected achieve the industry minimum hurdle rate. The resulting increase in capital investment will help stabilize the low-income communities, promote the creation and retention of jobs for low-income community residents, and provide goods and services to low-income community residents. Home Depot will also provide financial counseling services to its customers and the community that would not otherwise be provided without NMTCs.