The NMTC helps finance Greater Cleveland Habitat for Humanity’s transformative scattered site homeownership development and spur local investment in Cleveland’s severely distressed Buckeye-Woodhill neighborhood The rehab and equipping of a vacant building into the Manufacturing Innovation, Technology and Job Center (MITJC) in Cleveland, OH. MITJC advances strategic priorities in the Workforce Development Roadmap by the OH Manufacturers Association Sector Partnership: (1) regional collaboration between manufacturers, education providers, and workforce development partners; and (2) promoting credentials and career pathways. This project serves as a pivotal anchor in the broader La Villa Hispana mission, seeking to redefine Cleveland’s Clark-Fulton neighborhood into an inclusive and vibrant Latino cultural district. Notably, this neighborhood houses Ohio’s largest Hispanic population. Led by the Hispanic Business Center, CentroVilla25 envisions the project as a driver of substantial economic impact, fostering job […] The Midtown Collaboration Center, led by the Cleveland Foundation, links downtown Cleveland with University Circle University Settlement is a social service nonprofit provider in the Slavic Village neighborhood in Cleveland, Ohio, where a majority of the residents are working poor and elderly, with over 30% of the population at or below the poverty level with a focus on fundamental human needs. University Settlement primary programs focus on protecting and educating […] This investment allowed Kroy to purchase new equipment to expand its manufacturing operations of bar codes, liner-less labels and other products. Financing for a 20,000 sq. ft. daycare serving 120 children and a senior services facility serving 400 seniors. The Cleveland Play House moved to the downtown theater district in Cleveland, Ohio. Playhouse Square, the Cleveland Playhouse, and Cleveland State University have created an arts education collaborative unlike any other in the nation. This project entailed the acquisition and renovation of the Middough Building to be used as the administrative offices, rehearsal halls, and […] Construction of owner-occupied real estate for contemporary arts facility, including a museum and street level commercial and upper floors housing. The project involved the redevelop menthe Cleveland Institute of Art's historic Joseph McCullough Center for the Visual Arts into a state-of-the-art facility. The Capitol Theatre renovation is the first anchor project of the $25 million Gordon Square Arts District plan, a national model for how the arts can be catalysts for economic development. Built in 1921 and vacant for two decades, Capitol Theatre has been renovated as a 3-screen, state-of-the-art movie theatre featuring art and independent films. Construction of a new state-of-the-art facility that will focus on training welding educators and industry leaders. The project will construct a new 34,000 sq. ft. facility allowing for more efficient use of space for programs and services. The redevelopment of the historic Baker Electric Car Building transformed the venerable old-economy icon into a "new economy" efficient, modern incubator and post-incubator space for some of Cleveland’s emerging technology-based companies. The 5-story Fairmont Creamery was constructed in 1930 and has been vacant since 1980. In addition to providing much needed housing and commercial space for the neighborhood, the redevelopment of the building will leverage streetscape investment from the City of Cleveland on Willey Ave and create a safe, pedestrian and bike friendly link between the […] Redevelopment of the vacant Swetland Building Rehab office building into apartments, office space, a full service grocery store and a hotel. The historic renovation and adaptive reuse of this 120,000 sq. ft. nearly-vacant office building will serve as a catalyst to create a 24/7 vibrancy in the Playhouse Square neighborhood, a regional destination for theatre. The addition of this retail and housing provides needed amenities creating a vibrant neighborhood. The project financed tenant improvements to accommodate a new headquarters for Rosetta, the nation’s largest independent interactive agency. The growing digital marketing company relocated over 370 employees to downtown Cleveland. The balance of the building was renovated for rental residential use. The University Lofts project includes new construction and historic rehabilitation associated with three buildings along Euclid Avenue near Cleveland State University. The project includes nearly 10,000 sq. ft. of street-level commercial and retail space and 30 market-rate and workforce housing units. This project is at the heart of the College Town district adjacent to Cleveland […] Once the largest unoccupied building on Euclid Avenue, Residences at 668 is now home to affordable apartment units as well as office and retail space. The historic redevelopment and adaptive reuse of the former William Taylor and Son department store, built in 1870, was one of the first projects to successfully utilize the Ohio State […] The Avenue District project entailed development of underutilized surface parking lots in downtown Cleveland into an eight-story, new construction, for‑sale housing project with street-level retail as well as for-sale townhome units. CNMIF provided a $2 million loan to this pioneering project’s first phase. Construction of mixed-use building with commercial space, parking, grocery store, Eastside School (early childhood education), co-office space and a restaurant. A partnership between two educational pioneers, with financing support from Finance Fund, will reopen the doors to the former Kent Elementary School building as Buckeye Preparatory Academy, a community school for at-risk elementary and middle school students in Columbus. Rehabilitation of the vacant Joseph And Feiss Company factory location into a home for Ohio's only k-8 tuition free community school focused on gifted learners. Addressing the vacancy issue and related challenges of the NineTwelve District has been recognized by a number of civic and business interests as an important priority. AmTrust Financial Services acquired and redeveloped the nearly-vacant building at 800 Superior Avenue for its operations bringing 1,000 new jobs to downtown Cleveland. In 2007 First Interstate properties transformed an abandoned steel mill into a regional shopping center with the creation of Steelyard Commons. Phase II(a) will build on the success of the first phase and incorporated an apparel retailer and (70,000 sq. ft.) as well as other complementary retail units. Construction of the new Marcus Thomas headquarters enabled the privately owned local marketing firm to stay in the existing community and expand its workforce. MRN Ltd. undertook the redevelopment of East 4th Street between Euclid and Prospect Avenues. This destination neighborhood is a thriving entertainment and dining area of downtown. The Corner Alley was a $9 million redevelopment that entailed rehabilitation of the first two floors of a historic structure into a 28,000 sq. ft. entertainment/restaurant venue with 15 […] Transformed a landmark building at the edge of University Circle into a 154-room hotel, with a vintage swimming pool, a wood-paneled lobby and a floor of restored ballrooms and event spaces. Acquisition of equipment and machinery for an owner-occupied steel and iron manufacturing company. Located four miles from downtown Cleveland, Shoreway Industrial Park turned a partially occupied truck manufacturing site into a logistics and distribution hub for the metro area. The project is a collaborative public/private effort to dramatically update the 10-acre Public Square into a catalytic, dynamic, world-class public space in the heart of downtown Cleveland. NMTC financing to rehabilitate the 30,000 sq. ft. Van Roy Coffee Company building into office space. The UH Rainbow Center for Women & Children, a newly constructed facility of UH Rainbow Babies & Children’s Hospital and UH MacDonald Women’s Hospital, will serve a federally designated medical/dental underserved area. This urban health center houses 46 exam rooms plus group care/community rooms and co-located social services. Patient visits increased by 5% a year. Renovation of a vacant, former school as its new 57,000 SF headquarters, training and production facility located in Hough/Midtown neighborhood in Cleveland, OH. The May Dugan Center (MDC) was founded in 1969 and opened the current facility in 1975. MDC provides comprehensive health and human service programs to a diverse community that comes from 64 different zip codes throughout greater Cleveland, but primarily from the near west side neighborhoods of Ohio City, Stockyards, Tremont, Clark Fulton, Detroit Shoreway […] The construction of a warehouse and distribution facility totaling to house the fresh, dry and frozen food for a foodbank in the Collinwood neighborhood. Providence House provides emergency shelter and crisis care to children newborn to 12 years old. At Providence House, children find safety and comfort in a home-like setting before abuse or neglect occurs while connecting families to partner community organizations to stabilize family crisis, improve parenting skills, and preserve the family or find alternative long-term care […] Redevelopment of the historic former Astrup Awning Company Building located at the corner of West 25th Street and Seymour Avenue in the Clark Fulton neighborhood of Cleveland, Ohio into a community focused arts, social service, and maker space. Finaning for a 350,000 sq. ft. mixed use project with a residential and retail component. The Urban Community School, a private nonprofit K-8 school in a downtown Cleveland neighborhood, is expanding its campus to include substantial community benefits. Development of a project, including a 17,400 square foot early childhood and parent development center, a 32,650 square foot federally qualified health center with a 115 square foot food bank and a 10,000 square foot community facility for Urban Squash Cleveland which provides school mentoring, meals and counseling. Expansion of PUBCO's operations and its manufacturing operations and capacity at its industrial campus in inner-city Cleveland by purchasing and installing new state-of-the-art equipment. Construction of a greenhouse and distribution facility for a co-op The first of Mayor Frank Jackson's Neighborhood Transformation Initiative projects, Glenville Circle North combines small business incubator spaces in collaboration with the City of Cleveland, 63 units of housing, a business accelerator and small market. NMTC financing helped create a 11,000 sq. ft. Academy Center for a nonprofit fighting for academic opportunities in underserved communities. A new school at E. 62nd Street and St., a modern three-story building on a site that once was home to the former Kausek Brothers Department Store. An $11.2 million, 20,000 sq. ft. expansion of a Ronald McDonald House added 17 new guest rooms to the current 37. The 40,000 sq. ft. state-of-the-art facility includes 80 staff offices and a Central Kitchen to provide meals to local homeless shelters. New construction of a Federally Qualified Health Center The construction ofthe Rajan Academy Center allowing more than 200 Scholars to participate in an empowering home-like education atmosphere. The $6.2 million revitalization of the Longwood Plaza shopping center in Cleveland, Ohio, of which $1.57 million was made possible by the NMTC program. A museum acquired and renovated the Stager Beckwith mansion, one of the last remaining mansions of Cleveland's historic Millionaire's Row, for its new location.