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

Crossroads Uptown

Cincinnati,
OH
(2015)

Community, Daycare and Early Childhood, Youth and Families

CDE(s): PNC, Uptown Consortium

Located near the University of Cincinnati campus, Crossroads Uptown serves the college community and Uptown neighborhoods north of downtown Cincinnati.

Gem City

Dayton,
OH
(2020)

Community, FQHCs, Grocery and Fresh Food, Healthcare, Mixed-use, Nonprofit Hub, Retail, Retail and Commercial

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

New construction of a 15,000 sq. ft. community-centered co-op grocery store in a food desert in Dayton, Ohio.

Dayton Arcade

Dayton,
OH
(2023)

Community, Historic Rehabilitation, Housing, Mixed-use, Retail

CDE(s): Consortium America, Dayton Region New Markets Fund, MBS Urban Initiatives, RBC Community Development

Redevelopment of the historic Dayton Arcade, a collection of nine buildings totaling over 330,000 sq. ft. in the heart of downtown Dayton's central business district.

E-Pak Manufacturing

Wooster,
OH
(2017)

Auto Manufacturing, Business Development, Manufacturing, Rural

CDE(s): Community Development Venture Capital Alliance

NMTC financing supported a loan to trailor manufacturing business in Wooster, OH.