East Ohio Regional Hospital

New Markets Tax Credit Coalition

Martins Ferry,
OH
(2023)

East Ohio Regional Hospital

FQHCs

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 providing a diverse range of services including cardiac cre, emergency services. Finance Fund provided NMTC finacing for the creation of a new 30,100 sq. ft. behavioral and mental health wing at the renovated hospital.

Investment

NMTC Amount: $17,000,000
Total Project Cost: $19,334,193

IMPACT

424 FTE jobs
144 construction jobs
50 jobs created and 374 jobs retained. The facility will serve 65,000 patients annually, 25,000 of which will be annual visits by unique patients.
30,100 sq. ft. of real estate

CDEs

Capital One, Finance Fund

Investor

Capital One

Project Description

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 providing a diverse range of services including cardiac cre, emergency services. Finance Fund provided NMTC finacing for the creation of a new 30,100 sq. ft. behavioral and mental health wing at the renovated hospital.

MAP

Address: 90 North 4th Street, Martins Ferry, OH 43935

Census Tract: 39013012100

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