New Markets Tax Credit Coalition

Search

Madisonville Phase III (Madamore Project)

Madisonville Phase III will construct a new complex in the Madisonville neighborhood.

Investment

  • NMTC Amount: $8,000,000
  • Total Project Cost: $23,908,085

IMPACT

  • 19 FTE jobs
  • 109 construction jobs

Investor

Project Description

Madisonville Phase III will construct a new complex in the Madisonville neighborhood. This project will be the final part of the Madisonville Community Urban Corporation (MCURC) development initiative at the corner of Madison and Whetsel. The complex will consist of new workforce housing units and retail and office space. The Madisonville branch of the Hamilton County Public Library will occupy a location within the retail/office space off of Whetsel Avenue.

MAP

Address: Madison Road and Whetsel Avenue, Cincinnati, OH 45227

Census Tract: 39061005500

Other Ohio Projects

Pretzel Baron, a 100-year old Ohio pretzel manufacturer, acquired, assembled and installed equipment in its facility for the purpose of expanding its operations and adding a second production line, which

A $5.5 million NMTC allocation from Finance Fund enabled United Rehabilitation Services of Greater Dayton to double the size of the current facility.

The $25.4MM total project costs support the expansion of Family Health Services of Darke County’s 53,000-sf main health center in Greenville, Ohio. The expanded site will focus on women and

Financing for a multimillion-dollar project creating new jobs in the northwest Dayton area.