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

Ronald McDonald House Columbus

Columbus,
OH
(2022)

Ronald McDonald House, Youth and Families

CDE(s): Chase, Finance Fund, IFF

Expansion and renovation of the Ronald McDonald House of Columbus Ohio’s current facility. The new facility will increase capacity by 80 rooms equipping RMHC-CO to serve an additional 2,000 families

Xenia YMCA

Xenia,
OH
(2017)

Adult Education, College or Vocational Training, Community, Daycare and Early Childhood, Recreation, YMCAs and YWCAs, Youth and Families

CDE(s): Dayton Region New Markets Fund, PNC

New construction of a recreation, education, activity, community and health facility operated by the YMCA of Greater Dayton.

Noble Learning Center

Caldwell,
OH
(2005)

Community, Daycare and Early Childhood, Rural, Youth and Families

CDE(s): Finance Fund

A promotional postcard from the Finance Fund led to a permanent, high quality facility for the Noble Learning Center located in Caldwell, OH.

Arbor Park Place

Cleveland,
OH
(2008)

Infrastructure, Mixed-use, Transportation and Ports

CDE(s): Key Bank

The $6.2 million revitalization of the Longwood Plaza shopping center in Cleveland, Ohio, of which $1.57 million was made possible by the NMTC program.