The GLOW Healthy Living Campus project involved the new construction of a 78,000 sq. ft. community facility space to create a “Healthy Living Campus” – a partnership between GLOW YMCA and United Memorial Medical Center (“UMMC”) – to provide a wide continuum of healthcare, wellness, and community services to the residents of rural Batavia, NY. The project replaces the current YMCA building, which was built in 1951 and in need of significant renovation.
The new facility includes a community living room and intergenerational center, new fitness equipment and group exercise rooms, a pool and splash pad area, and a preschool facility and kids’ discovery area. GLOW YMCA and UMMC will share the collaborative spaces. The YMCA’s fitness programs and facilities will work in synchrony with UMMC, creating an accessible continuum of healthcare education and programming.
This project would not be possible without NMTC financing. Due to COVID-19 impacts on recreation centers, the YMCA was unable to attract the flexible debt it needed. With traditional financing, YMCA would have to carry approximately $3 million more in permanent financing.
GLOW YMCA’s portion of the Healthy Living Campus will double the number of people served, increasing YMCA memberships from 3,000 people to over 6,000 people and increasing other program participants (non-members) from 5,000 to 10,000 annually. Additionally, approximately 3,000 children are served annually in preschool, after-school, camp and sports programing provided by the YMCA, 25% of which are from low-income families. The YMCA does not deny individuals or families services due to inability to pay.
Project financing includes $19.5 million in NMTC allocation: $10.5 million provided by Enterprise and $9 million by Empire State CDE. U.S. Bancorp Community Development Corporation is the NMTC investor.