Lorain County Health & Dentristy Clinic

New Markets Tax Credit Coalition

South Webster,
OH
(2013)

Lorain County Health & Dentristy Clinic

Behavioral Health, Community, FQHCs

Investment

NMTC Amount: $8,470,213
Total Project Cost: $8,875,297

IMPACT

22 FTE jobs
150 construction jobs
Project includes a Federally Qualified Health Center.

CDEs

Development Fund of the Western Reserve, North Coast Community Development Corporation, PNC, WesBanco

Investor

PNC

Voices from the Community

The NMTC program allowed us to renovate a 5-story building into a comprehensive health care facility providing health and dental services to over 15,000 primarily uninsured or underinsured people.

-Lisa Hemker, CFO, Lorain County Health & Dentistry, Lorain, Ohio

Project Description

Acquire, rehabilitate, develop, own, operate lease and sublease a healthcare center.

Lorain County Health & Dentistry Clinic (LCH&D) is the largest safety-net provider of primary health care in Lorain County.

Located in the City of Lorain, this project made it possible for the LCH&D to expand its services, including a vision clinic and behavioral health program. This was accomplished by transforming a vacant building into the clinic’s main location.

LCH&D created 22 new jobs and services 7,500 additional patients. Among other financing sources, Development Fund of the Western Reserve (DFWR) allocated $6.5 million in federal New Markets Tax Credits (NMTC) and $2.5 million in State of Ohio New Markets Tax Credits.

MAP

Address: 19 South Bennett Street, South Webster, OH 44052

Census Tract: 39093097300

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