Boys Hope Girls Hope

New Markets Tax Credit Coalition

Garfield Heights,
OH
(2018)

Boys Hope Girls Hope

Boys and Girls Clubs, Community, Daycare and Early Childhood, Recreation, Youth and Families

NMTC financing helped create a 11,000 sq. ft. Academy Center for a nonprofit fighting for academic opportunities in underserved communities.

Investment

NMTC Amount: $6,000,000
Total Project Cost: $6,123,056

IMPACT

5 FTE jobs
22 construction jobs
11,000 sq. ft. of real estate

CDEs

Cleveland Development Advisors

Investor

Capital One

Project Description

NMTC financing helped create a 11,000 sq. ft. Academy Center that allows the nonprofit fighting for academic opportunities in underserved communities to combine the operational activities of the Residential and Academy Scholar programs together under one roof for the first time in the organizations 23-year history. Coupled with the recent acquisition of an adjacent gymnasium, the Academy Center does not only increase the capacity to 220 scholars, but also provide for a more wholistic approach to building character and developing scholars.

MAP

Address: 9438 Dorothy Avenue, Garfield Heights, OH 44125

Other Ohio Projects

Lighthouse Sheakley Center for Youth

Cincinnati,
OH
(2017)

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

CDE(s): Corporation for Supportive Housing

The historic rehabilitation and conversion of a 61,713 sq. ft. former warehouse building into the country's first comprehensive services center for homeless youth aged 18 to 24 years old.

MAGNET Phase 2

Cleveland,
OH
(2023)

Manufacturing

CDE(s): Urban Research Park CDE

The rehab and equipping of a vacant building into the Manufacturing Innovation, Technology and Job Center (MITJC) in Cleveland, OH. MITJC advances strategic priorities in the Workforce Development Roadmap by

East Ohio Gas

Cleveland,
OH
(2013)

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

CDE(s): Cleveland Development Advisors, Grow America, PNC

Finaning for a 350,000 sq. ft. mixed use project with a residential and retail component.

Urban Community School

Cleveland,
OH
(2015)

Behavioral Health, Community, Daycare and Early Childhood, Dental Services, Healthcare, Private School, Schools, Shelters and Community Food, Youth and Families

CDE(s): Cleveland Development Advisors

The Urban Community School, a private nonprofit K-8 school in a downtown Cleveland neighborhood, is expanding its campus to include substantial community benefits.