CDE: Finance Fund

To all NMTC Coalition Members: If you would like to add projects, a description of your CDE, or anything else to this page, contact Paul Anderson.

Recent Allocation Awards:

Project Profiles and Stories

Kings Highway Head Start Center

Dayton,
OH
(2008)

Community, Daycare and Early Childhood, Youth and Families

CDE(s): Finance Fund

For families in many communities across Ohio, finding affordable childcare and early learning facilities for their children is a challenge.

Joseph McCullough Center for the Visual Arts

Cleveland,
OH
(2010)

Museums

CDE(s): Cleveland Development Advisors, Enterprise Community Partners, Finance Fund, National Community Investment Fund

Construction of owner-occupied real estate for contemporary arts facility, including a museum and street level commercial and upper floors housing. The project involved the redevelop menthe Cleveland Institute of Art’s

The Woodward Opera House

Mount Vernon,
OH
(2015)

Community, Retail, Rural, Theaters and Performing Arts Spaces

CDE(s): Finance Fund

Historic Ohio Theater Nears Completion of 25-Year Restoration

Solarvision

Celina,
OH
(2012)

Energy, Rural, Solar

CDE(s): Finance Fund

Five solar projects around the state will lower the energy costs of the schools and municipalities involved and create solid investment opportunities for supporters.

East Ohio Regional Hospital

Martins Ferry,
OH
(2023)

FQHCs

CDE(s): Capital One, Finance Fund

The East Ohio Hospital project is the rehabilitation and expansion of a hospital located in Martins Ferry, OH. The hospital is a 330,000 SF, 140-bed medical facility and pharmacy currently

Astrup Revitalization

Cleveland,
OH
(2019)

Boys and Girls Clubs, Community, FQHCs, Healthcare, Makerspace, Museums, Nonprofit Hub, Theaters and Performing Arts Spaces

CDE(s): Capital One, Finance Fund

Redevelopment of the historic former Astrup Awning Company Building located at the corner of West 25th Street and Seymour Avenue in the Clark Fulton neighborhood of Cleveland, Ohio into a

UC Health Emergency Department

Cincinnati,
OH
(2022)

Healthcare, Hospitals and Emergency Services

CDE(s): Capital One, Finance Fund, The Community Builders

New Markets Tax Credit Financing Supports Expansion of Emergency Department Services for Cincinnati Region

United Rehab Services

Dayton,
OH
(2016)

Behavioral Health, Community, Daycare and Early Childhood, Shelters and Community Food, Youth and Families

CDE(s): Finance Fund

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 Grove Street Shelter

Middletown,
OH
(2019)

Adult Education, College or Vocational Training, Community, Healthcare, Mixed-use, Nonprofit Hub, Shelters and Community Food

CDE(s): Finance Fund

The new construction of an approximately 14,000 sq. ft. 50-bed emergency homeless shelter to be operated by Hope House Mission.

Easterseals Workforce Solution Center

Cincinnati,
OH
(2023)

FQHCs, Nonprofit Hub, Vocational Training

CDE(s): Consortium America, Enterprise Community Partners, Finance Fund, PNC

The project will fund the expansion and renovation of the existing Workforce Solutions Center to increase the size from 49,677 sq. ft. to 103,353 sq. ft. Easterseals currently operates out

Close to Home

Ironton,
OH
(2009)

Adult Daycare, Community, Healthcare, Nursing Homes and Hospice

CDE(s): Finance Fund

Close to Home created 30 new jobs and was the only assisted living facility located in Lawrence County.

Solarvision

Athens,
OH
(2010)

Community, Energy, Infrastructure, Rural, Schools, Solar, Youth and Families

CDE(s): Finance Fund

Solar energy provider, SolarVision, LLC, is making it possible for schools, municipalities and businesses to take advantage of the economic and environmental benefits of solar power.

Rural King

Waverly,
OH
(2020)

Business Development, Manufacturing, Retail, Rural

CDE(s): Dudley Ventures, Finance Fund

Rural King used the NMTC to acquire an 800,000 sq. ft. building that was renovated to allow for expanded operations in Waverly, Ohio.

Ronald McDonald House Charities of Central Ohio expands support for families with help from JPMorgan Chase

Community, Ronald McDonald House

CDE(s): Chase, Finance Fund, IFF

The Central Ohio House recently completed an extensive project to double the size of the facility, adding 84 rooms to serve an additional 2,000 families each year. The new 230,000-square-foot

Clifton Cultural Arts Center

Cincinnati,
OH
(2022)

CDE(s): Cincinnati Development Fund, Finance Fund, PNC

Constructing a new, energy efficient, 20,166 sq. ft. community arts center in Cincinnati’s Clifton Business District

APG Manufacturing

Defiance,
OH
(2023)

Manufacturing

CDE(s): Finance Fund, Mascoma Community Development

APG Manufacturing is a company that manfactures plastic dispensers and pumps used in the consumer health and beauty industries. The APG Manufacturing facility is 80,000 sq. ft. advanced manufacturing facility

Steel Warehouse Warren

Warren,
OH
(2023)

Manufacturing

CDE(s): Arctaris Impact CDE, Development Fund of the Western Reserve, Finance Fund

Steel Warehouse of Ohio LLC is an American-owned and operated manufacturer and supplier of high-quality steel products and components used in multiple industries throughout the United States. Finance Fund provided

Van Wert Forward

Van Wert,
OH
(2022)

Mixed-use

CDE(s): Finance Fund

One phase of Van Wert Forward that consists of the rehabilitation and revitalization of one (1) historic property around the main intersection of historic downtown Van Wert to create approximately

Pretzel Baron

Cincinnati,
OH
(2019)

Food Manufacturing

CDE(s): Finance Fund

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

Ronald McDonald House Columbus

Columbus,
OH
(2022)

Ronald McDonald House, Youth and Families

CDE(s): Chase, Finance Fund, IFF

Expansion and renovation of the Ronald McDonald House of Columbus Ohio’s current facility. The new facility will increase capacity by 80 rooms equipping RMHC-CO to serve an additional 2,000 families

Architectural historian visits the newly developed Trolley District featuring the East Market food hall on the east side of Columbus

Community, Historic Rehabilitation

CDE(s): Finance Fund

Architectural historian Jeff Darbee visits the newly developed Trolley District featuring the East Market food hall on the east side of Columbus, which utilizes six vacant buildings previously used by

Geis 1010 Rotunda

Cleveland,
OH
(2014)

Grocery and Fresh Food, Mixed-use

CDE(s): Cleveland Development Advisors, Consortium America, Finance Fund

Redevelopment of the vacant Swetland Building Rehab office building into apartments, office space, a full service grocery store and a hotel.

West 25th and Detroit

Cleveland,
OH
(2016)

Grocery and Fresh Food, Mixed-use, Retail

CDE(s): Capital One, Cleveland Development Advisors, Finance Fund

Construction of mixed-use building with commercial space, parking, grocery store, Eastside School (early childhood education), co-office space and a restaurant.

Charter Manufacturing Company, Inc.

Cleveland,
OH
(2017)

Manufacturing

CDE(s): Chase, Cleveland Development Advisors, Finance Fund, Northeast Ohio Development Fund

Acquisition of equipment and machinery for an owner-occupied steel and iron manufacturing company.

Rural King – Waverly II Project

Waverly,
OH
(2021)

Manufacturing, Retail

CDE(s): Finance Fund

Rural King used the proceeds of a NMTC Loan to finance acquisition and installation costs of certain equipment and machinery to be used by Rural King in its 1,000,000 sq.

Fortuity Calling

Columbus,
OH
(2017)

Professional Services, Retail

CDE(s): Capital One, Finance Fund

The acquisition and renovation of real estate and improvements for owner occupied call center businesses that will also lease space to non-profit social enterprise that provide on-site support services such

University of Cincinnati Gardner Neuroscience Institute

Cincinnati,
OH
(2017)

Community, Healthcare, Historic Rehabilitation, Hospitals and Emergency Services

CDE(s): Capital One, Cincinnati Development Fund, Finance Fund, Uptown Consortium

Construction of new Neuroscience Institute facility and parking garage, and acquisition of equipment and machinery for owner-occupied hospital.

Boys and Girls Clubs: Milo-Grogan Clubhouse

Columbus,
OH
(2021)

Boys and Girls Clubs, Community, Recreation, Youth and Families

CDE(s): Finance Fund

New Markets Tax Credit Financing Expands Boys & Girls Clubs of Central Ohio Facilities and Services at The Champion Companies Milo-Grogan Clubhouse

Mercy Health’s St. Elizabeth Hospital Behavioral Health Institute

Youngstown,
OH
(2015)

Behavioral Health, Community, Healthcare, Historic Rehabilitation, Hospitals and Emergency Services

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

Mercy Health’s St. Elizabeth Hospital in Youngstown, Ohio is renovated a 32,000 SF section of its current facility and creating a Behavioral Health Institute.

Cincinnati Ballet Center for Dance

Cincinnati,
OH
(2020)

Community, Healthcare

CDE(s): Cincinnati Development Fund, Finance Fund, PNC

Construction of a new 55,765sf practice, performance and outreach facility for the Cincinnati Ballet in the Walnut Hills neighborhood.

RTG Medical

Fremont,
NE
(2020)

Community, Healthcare, Rural

CDE(s): Chase, Evernorth Rural Ventures, Finance Fund, Midwest Industrial Redevelopment Fund

The ground up development of a 54,000 sq. ft. Class A office building in Fremont, NE that will serve as the new headquarters for RTG Medical, a veteran-owned staffing agency

Trolley District Project

Columbus,
OH
(2020)

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

CDE(s): Brownfield Revitalization, Finance Fund

Redevelopment of five historic buildings located on the near east side of Columbus, Ohio, into an approximately 61,445 square foot, mixed-use, multi-tenant development to be known as "Trolley District" that

Muskingum Recreation Center

Zanesville,
OH
(2013)

Community, Daycare and Early Childhood, Recreation, Rural, Youth and Families

CDE(s): Finance Fund

Construction of a recreation center generating 100 construction jobs, retaining 40 current employees and employing 35 additional full-time staff.

Steel Warehouse of OH – Warren

Warren,
OH
(2019)

Brownfield Remediation, Business Development, Machine Shops and Metal Fabrication, Manufacturing

CDE(s): Capital One, Development Fund of the Western Reserve, Finance Fund

Investment in steel fabricator positions small rural community as a leader in the heavy equipment supply-chain.

Toledo Port Expansion

Toledo,
OH
(2012)

Infrastructure, Transportation and Ports

CDE(s): Finance Fund, PNC

Finance Fund provided NMTC financing to Ironville Improvement, LLC., a subsidiary of Midwest Terminals of Toledo, Inc. for expansion of the Port of Toledo’s Midwest terminals.

Overland Industrial Parkway

Toledo,
OH
(2017)

Auto Manufacturing, Business Development, Manufacturing

CDE(s): Finance Fund

Construction of manufacturing warehouse facility, site development work, machinery/equipment and fixtures/finishes for lease to automotive supplier manufacturing company.