Madisonville Redevelopment

Madisonville Redevelopment revitalized three buildings across three city blocks in the Madisonville neighborhood of Cincinnati, Ohio.

Investment

  • NMTC Amount: $18,310,000
  • Total Project Cost: $27,597,800

IMPACT

  • 97 FTE jobs
  • 142 construction jobs
  • Project includes a Federally Qualified Health Center.
  • 45,500 sq. ft. of real estate

Investor

Project Description

Madisonville Redevelopment aims to revitalize three buildings across three city blocks in the Madisonville neighborhood of Cincinnati, Ohio. The project is the first phase of a catalytic redevelopment of the Madisonville neighborhood. The project includes 106 apartments, 11,000 sq. ft. of renovated and expanded Federally Qualified Health Center (FQHC) space,10,000 sq. ft. of new construction office space and 24,500 sq. ft. of new and renovated retail space. Almost a quarter of the homes consists of below-market workforce apartments available to households earning 80% or less of Area Median Income (AMI).

MAP

Address: 5800 Madison Road, Cincinnati, OH 45227

Census Tract: 39061005500

Other Ohio Projects

Rehabilitation of the vacant Joseph And Feiss Company factory location into a home for Ohio’s only k-8 tuition free community school focused on gifted learners.

The redevelopment of Warsaw Avenue in the historic Price Hill neighborhood.
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Rural King used the proceeds of a NMTC Loan to finance acquisition and installation costs of certain equipment and machinery to be used by Rural King in its 1,000,000 sq.