Lorain County Health & Dentristy Clinic

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

Other Ohio Projects

Mirac, Inc

West Union,
OH
(2018)

Business Development, Machine Shops and Metal Fabrication, Manufacturing, Rural

CDE(s): Advantage Capital

AA $7.55 million investment in Mirac, Inc., a rural Ohio-based electronics assembly and fabrication company with locations in Lynchburg and West Union, that helps keep jobs in rural Ohio.

Muskingum Recreation Center

Zanesville,
OH
(2013)

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

CDE(s): Finance Fund

Construction of a recreation center generating 100 construction jobs, retaining 40 current employees and employing 35 additional full-time staff.

Crossroads Uptown

Cincinnati,
OH
(2015)

Community, Daycare and Early Childhood, Youth and Families

CDE(s): PNC, Uptown Consortium

Located near the University of Cincinnati campus, Crossroads Uptown serves the college community and Uptown neighborhoods north of downtown Cincinnati.

Community Treatment and Correctional Center

Canton,
OH
(2017)

Community, Healthcare

CDE(s): IFF

Rehabilitation and expansion of halfway house, expanxing from 56 beds to 75 beds as well as achieve its long-time vision to bring housing and administrative functions under one roof.