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CDE: Finance Fund

Finance Fund website

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:

  • 2018 Allocation: $70,000,000
  • 2020 Allocation: $65,000,000
  • 2021 Allocation: $60,000,000

Project Profiles and Stories

UC Health Emergency Department (2022)

Cincinnati, OH
New Markets Tax Credit Financing Supports Expansion of Emergency Department Services for Cincinnati Region
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Ronald McDonald House Charities of Central Ohio expands support for families with help from JPMorgan Chase ()

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
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Clifton Cultural Arts Center (2022)

Cincinnati, OH
Constructing a new, energy efficient, 20,166 sq. ft. community arts center in Cincinnati’s Clifton Business District
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APG Manufacturing (2023)

Defiance, OH

APG Manufacturing is a woman-owned 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

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East Ohio Regional Hospital (2023)

Martins Ferry, OH

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

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Steel Warehouse Warren (2023)

Warren, OH

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

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Easterseals Workforce Solution Center (2023)

Cincinnati, OH

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

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Van Wert Forward (2022)

Van Wert, OH

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

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Pretzel Baron (2019)

Cincinnati, OH

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

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Ronald McDonald House Columbus (2022)

Columbus, OH

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

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

  • Arts, Community, Historic Rehabilitation
  • CDEs: 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
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Joseph McCullough Center for the Visual Arts (2010)

Cleveland, OH

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

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Geis 1010 Rotunda (2014)

Cleveland, OH

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

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West 25th and Detroit (2016)

Cleveland, OH

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

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Charter Manufacturing Company, Inc. (2017)

Cleveland, OH
Acquisition of equipment and machinery for an owner-occupied steel and iron manufacturing company.
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Rural King – Waverly II Project (2021)

Waverly, OH

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.

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Central Ohio Youth for Christ (2013)

Columbus, OH
Financing for a non-profit organization that provides faith-based and faith-neutral programs and activities to achieve holistic improvements in the lives of youths and families in Central Ohio.
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Astrup Revitalization (2019)

Cleveland, OH
  • Boys and Girls Clubs, Community, FQHCs, Healthcare, Makerspace, Museums, Nonprofit Hub, Theaters and Performing Arts Spaces
  • CDEs: 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
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Fortuity Calling (2017)

Columbus, OH
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
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University of Cincinnati Gardner Neuroscience Institute (2017)

Cincinnati, OH
Construction of new Neuroscience Institute facility and parking garage, and acquisition of equipment and machinery for owner-occupied hospital.
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Boys and Girls Clubs: Milo-Grogan Clubhouse (2021)

Columbus, OH
  • Boys and Girls Clubs, Community, Recreation, Youth and Families
  • CDEs: Finance Fund
New Markets Tax Credit Financing Expands Boys & Girls Clubs of Central Ohio Facilities and Services at The Champion Companies Milo-Grogan Clubhouse
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Solarvision (2010)

Athens, OH
  • Community, Energy, Environment, Infrastructure, Rural, Schools, Solar, Youth and Families
  • CDEs: 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.
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Mercy Health’s St. Elizabeth Hospital Behavioral Health Institute (2015)

Youngstown, OH
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.
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Cincinnati Ballet Center for Dance (2020)

Cincinnati, OH
Construction of a new 55,765sf practice, performance and outreach facility for the Cincinnati Ballet in the Walnut Hills neighborhood.
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RTG Medical (2020)

Fremont, NE
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
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Trolley District Project (2020)

Columbus, OH
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
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Muskingum Recreation Center (2013)

Zanesville, OH
  • Arts, Community, Daycare and Early Childhood, Recreation, Rural, Youth and Families
  • CDEs: Finance Fund
Construction of a recreation center generating 100 construction jobs, retaining 40 current employees and employing 35 additional full-time staff.
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Wilmington College Sports Science Center (2014)

Wilmington, OH
  • Adult Education, College or Vocational Training, Community, Healthcare, Higher Education, Recreation, Rural
  • CDEs: Finance Fund
A new, 48,100 sq. ft. complex on the Wilmington College campus is bringing jobs, an athletic training program and medical services to a non-metro Clinton County community.
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Rural King (2020)

Waverly, OH
Rural King used the NMTC to acquire an 800,000 sq. ft. building that was renovated to allow for expanded operations in Waverly, Ohio.
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Steel Warehouse of OH – Warren (2019)

Warren, OH
Investment in steel fabricator positions small rural community as a leader in the heavy equipment supply-chain.
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Toledo Port Expansion (2012)

Toledo, OH
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.
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Overland Industrial Parkway (2017)

Toledo, OH
  • Auto Manufacturing, Business Development, Manufacturing
  • CDEs: Finance Fund
Construction of manufacturing warehouse facility, site development work, machinery/equipment and fixtures/finishes for lease to automotive supplier manufacturing company.
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The Woodward Opera House (2015)

Mount Vernon, OH
  • Arts, Community, Community Kitchen, HFFI, Retail, Rural, Theaters and Performing Arts Spaces
  • CDEs: Finance Fund
Historic Ohio Theater Nears Completion of 25-Year Restoration
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The Grove Street Shelter (2019)

Middletown, OH
  • Adult Education, College or Vocational Training, Community, Food Bank or Pantry, Healthcare, HFFI, Homeless Services, Homeless Shelter, Mixed-use, Nonprofit Hub, Shelters and Community Food
  • CDEs: Finance Fund
The new construction of an approximately 14,000 sq. ft. 50-bed emergency homeless shelter to be operated by Hope House Mission.
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Ohio Basic Minerals (2009)

Jackson, OH
Ohio Basic Minerals saw a chance to nourish and revitalize Schrader and Son Sand and Gravel, a small Jackson family-owned recreational sand and gravel plant, and to chip into a
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Close to Home (2009)

Ironton, OH
  • Adult Daycare, Community, Community Center, Healthcare, Nursing Homes and Hospice
  • CDEs: Finance Fund
Close to Home created 30 new jobs and was the only assisted living facility located in Lawrence County.
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