Featured:

Noble Learning Center

Caldwell, OH (2005)

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

COMMUNITY IMPACT
  • 24 FTE jobs
  • 20 construction jobs
FINANCING SOURCES
  • NMTC amount: $600,000
  • Total Project Costs: $842,500
  • CDE:
PROJECT LOCATION

44135 Marietta Road

Caldwell, OH 43724

Project Description

A promotional postcard from the Finance Fund led to a permanent, high quality facility for the Noble Learning Center located in Caldwell, OH. Caldwell is a town of less than 2,000 in the southeast portion of Ohio. Noble had been in business for years but struggling with the limited availability of space, high rent, low quality facilities, and poor fit. The Center operated out of rented apartments on the second floor of a senior center in rural Ohio with no option to renew their lease. With the $600,000 New Markets Tax Credit (NMTC) loan financing provided by the Finance Fund, the Noble Center finally found a permanent home. After connecting with the Finance Fund, Noble Learning Center purchased a former National Guard armory building and began major renovations.