Grace Woods Senior Living

Salem,
OH
(2022)

Grace Woods Senior Living

Loan Fund, Nursing Homes and Hospice

NMTC financing supported a 31 unit assisted living and skilled nursing facility in rural Eastern Ohio.

Investment

NMTC Amount: $1,000,000
Total Project Cost: $1,000,000

IMPACT

7 FTE jobs
8 construction jobs
The project also retains a total of 20 existing jobs.

CDEs

Greenline Ventures

Investor

US Bank

Project Description

NMTC financing supported a 31 unit assisted living and skilled nursing facility in rural Eastern Ohio. Financing to be used to pay off higher rate debt and make capital improvements to the facility.

MAP

Address: 1166 Benton Road, Salem, OH 44460

Other Ohio Projects

Lighthouse Sheakley Center for Youth

Cincinnati,
OH
(2017)

Behavioral Health, Community, Daycare and Early Childhood, Food Bank or Pantry, Healthcare, HFFI, Historic Rehabilitation, Homeless Services, Homeless Shelter, 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.