Bethany House Services

New Markets Tax Credit Coalition

Cincinnati,
OH
(2021)

Bethany House Services

College or Vocational Training, Healthcare, Nonprofit Hub, Vocational Training, Youth Program

Bethany House Services used NMTC financing to construct a new 222-bed homeless shelter facility and comprehensive services center to significantly streamline its operations and expand its physical capacities.

Investment

NMTC Amount: $17,000,000
Total Project Cost: $18,648,619

IMPACT

72 FTE jobs
45 construction jobs
1,270 people receive post shelter support and aftercare to prevent them from returning to homeless and getting a new permeant housing and career situation.
56,900 sq. ft. of real estate

CDEs

Cincinnati Development Fund, Local Initiatives Support Corporation, PNC

Investor

PNC

Project Description

Bethany House Services used NMTC financing to construct a new 222-bed homeless shelter facility and comprehensive services center to significantly streamline its operations and expand its physical capacities. Serving over 50% of homeless families and 62% of homeless children in the region, Bethany House Services provides prevention assistance, shelter and/or housing, and aftercare services to more than 2,000 people per year. By consolidating seven buildings into one new facility, Bethany House can provide the best quality shelter accommodations and improve access to a full range of support services for every family served. The new space will allow for expanding onsite service, like medical and mental healthcare, employment services, counseling and educational programs.

MAP

Address: 4769 Reading Road, Cincinnati, OH 45237

Census Tract: 39061006400

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