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

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