Marshfield Area YMCA (2017), Marshfield, WI

COMMUNITY IMPACT

Cinnaire provided a $7.2 million New Market Tax Credit (NMTC) allocation to support the expansion and rehabilitation of the Marshfield Area YMCA. Forward Community Investments (FCI) is providing a $7.8 million NMTC allocation. Chase, as the NMTC investor, facilitated the financing of this project. The facility will be renamed the Marshfield Clinic Health System YMCA. Founded in 1986, the Marshfield Area YMCA has worked in the community for over 30 years. They offer ways to get healthy, get connected and give back. Each year, the YMCA welcomes nearly 11,000 people from all ages, backgrounds, incomes and abilities, helping them grow strong in mind, body, and spirit. The Marshfield Clinic Health System is one of the largest private, multispecialty group practices in the United States. Physicians in 86 specialties and subspecialties in more than 50 Wisconsin locations provide care to patients for them to live fuller lives. The expanded facility will allow the Marshfield YMCA and the Marshfield Clinic Health System to form a partnership to provide coordinated community services. Additional project partners include the Wood County Head Start and the Marshfield Alternative High School, a flexible learning environment within a structured school community.

Voices from the Community

Every person deserves access to education, childcare services and programs that allow people to improve their quality of life. The Marshfield Area YMCA is a great example of what can be accomplished by forming collaborative partnerships to create community facilities that provide essential services and support healthy lifestyles.

Mark McDaniel, President and CEO, Cinnaire

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The New Markets Tax Credit Coalition
1155 15th Street NW, Suite 400
Washington, DC 20005
202-393-5225

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