Grace Woods Senior Living

Salem,
OH
(2022)

Grace Woods Senior Living

Loan Fund, Nursing Homes and Hospice

NMTC financing supported a 31 unit assisted living and skilled nursing facility in rural Eastern Ohio.

Investment

NMTC Amount: $1,000,000
Total Project Cost: $1,000,000

IMPACT

7 FTE jobs
8 construction jobs
The project also retains a total of 20 existing jobs.

CDEs

Greenline Ventures

Investor

US Bank

Project Description

NMTC financing supported a 31 unit assisted living and skilled nursing facility in rural Eastern Ohio. Financing to be used to pay off higher rate debt and make capital improvements to the facility.

MAP

Address: 1166 Benton Road, Salem, OH 44460

Other Ohio Projects

Community Treatment and Correctional Center

Canton,
OH
(2017)

Community, Healthcare

CDE(s): IFF

Rehabilitation and expansion of halfway house, expanxing from 56 beds to 75 beds as well as achieve its long-time vision to bring housing and administrative functions under one roof.

Signature Health II

Ashtabula,
OH
(2024)

Healthcare

CDE(s): Chase, Development Fund of the Western Reserve

The $10.MM project funds the acquisition and renovation of a 56,186-sf building in Ashtabula, OH, for Signature Health to provide mental health, addiction, primary care, and pharmacy services. Previously serving

Life Connection of Ohio

Dayton,
OH
(2021)

Community, Healthcare

CDE(s): Dayton Region New Markets Fund

NMTC financing helped a Toledo-based nonprofit relocate its corporate headquarters to Kettering after wrapping up a $12 million project that more than triples the size of its local footprint. Life

YWCA Dayton

Dayton,
OH
(2018)

Community, Daycare and Early Childhood, Historic Rehabilitation, Recreation, Supportive Housing, YMCAs and YWCAs, Youth and Families

CDE(s): Dayton Region New Markets Fund, IFF

Major update of YWCA Dayton centers on trauma-informed care.