Ohio Stories and Impact

State Fact Sheet

Note: the jobs totals in this fact sheet are through 2015 and they include a combination of direct, indirect, and induced FTE jobs and construction jobs. The “total investment” number refers to the total project investment (not NMTC allocation) in the state through the second quarter of 2020.

Middletown residents face a growing need for emergency housing and it was critical that our community step up to the plate and provide safe emergency shelter for individuals and families facing homelessness. Grove Street Shelter could not have been expanded without the NMTC financing that Finance Fund and their partners brought to the table. This allocation and the new facilities for people in housing crisis will be nothing short of life-saving,.

-Reverend Tim Williams, Executive Director of Operations, Hope House Mission, OH Tweet This

Community Testimonials​

Reverend Tim Williams, Executive Director of Operations, Hope House Mission, OH

Middletown residents face a growing need for emergency housing and it was critical that our community step up to the plate and provide safe emergency shelter for individuals and families facing homelessness. Grove Street Shelter could not have been expanded without the NMTC financing that Finance Fund and their partners brought to the table. This allocation and the new facilities for people in housing crisis will be nothing short of life-saving,.

Ohio NMTC Videos

Ohio NMTC Stories

2019
Development of a project to include a 17,400 square foot early childhood and parent development center, a 32,650 square foot federally qualified health center…
2020

Dayton, OH 

New construction of a 15,000 SF community-centered co-op grocery store in a food desert in Dayton, Ohio. The store will include space for a…
2020

Cincinnati, OH 

Construction of a 189,000 SF commercial office building to be leased for 17 years by the University of Cincinnati. The building will allow UC…
2020

Dayton, OH 

New construction of a 28,200 SF community center where low-income individuals and families will have access to workforce development, early childhood, GED and associate…
2020
Construction of a new 55,765sf practice, performance and outreach facility for the Cincinnati Ballet in the Walnut Hills neighborhood. The facility will host a…
2020

Cincinnati, OH 

Renovation of historic building for commercial retail space…
2020
The borrower was seeking funding to expand their facility. The expansion allowed for production on a larger scale….
2020

Akron, OH 

Construction of a 40,000 SF “food campus” consisting of a small-scale food market or free food distribution point, plus a community kitchen, meeting rooms…
2020

Portsmouth, OH 

The project renovated approximately six thousand (6000) square feet of formerly commercial space into a community needed “children’s museum”/ learning zone. The intent was…
2020

Columbus, OH 

Redevelopment of five historic buildings located on the near east side of Columbus, Ohio, into an approximately 61,445 sq. ft., mixed-use, multi-tenant development to…
2020

South Webster/New Boston/Sciotoville, OH 

The borrower was purchasing assets and property of (3) same-service facilities. Without the purchase by the borrower, the facilities and their jobs could have…
2020

Albany, OH 

RXQ Compounding is a 503B Pharmaceutical Compounding Facility. The project provided the Company with working capital to ramp up production efforts….
2020

Wilmington, OH 

The borrower was seeking funding for the establishment of a chain restaurant. The existing (non-chain) restaurant was slated to close….
2020

Cleveland, OH 

Since its founding in 1896 as PUBCO Carbon and Ink, PUBCO has been helping businesses put ink on paper. Now a label manufacturing firm,…
2011

Cleveland, OH 

2013

Zanesville, OH 

Construction of a recreation center generating 100 construction jobs, retaining 40 current employees and employing 35 additional full-time staff….
2016

Youngstown, OH 

The Youngstown YMCA renovated nearly 20,000 square feet of its 100 year old downtown Central YMCA creating modified spaces for continuing its transformational work…
2017

Xenia, OH 

New construction of a recreation, education, activity, community and health facility operated by the YMCA of Greater Dayton. The new Xenia YMCA facility is…
2017

Wooster, OH 

NMTC financing supported a loan to trailor manufacturing business in Wooster, OH….
2014
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…
2018

West Union, OH 

AA $7.55 million investment in Mirac, Inc., a rural Ohio-based electronics assembly and fabrication company with locations in Lynchburg and West Union, that will…
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….
2017

Waverly, OH 

The NMTC supported the expansion of a mill site for Ohio Valley Stave, adding a new milling line to the current manufacturing operations….
2019
Investment in steel fabricator positions small rural community as a leader in the heavy equipment supply-chain….
2012

Toledo, OH 

Finance Fund has awarded a total of $15.36 million in federal and state New Markets Tax Credit (NMTC) financing to Ironville Improvement, LLC., a…
2017
Construction of manufacturing warehouse facility, site development work, machinery/equipment and fixtures/finishes for lease to automotive supplier manufacturing company….
2019

Portsmouth, OH 

The NMTC supported start up costs and business expenses for a 24 hour clinically monitored Residential Rehabilitation program for adult men dealing with substance…
2019

Portsmouth, oh 

The NMTC financed the remodeling of a building to fit the needs of an outpatient facility whose mission is “to support and assist individuals…
2015

Mount Vernon, OH 

Historic Ohio Theater Nears Completion of 25-Year Restoration…
2019

Middletown, OH 

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