Winchester, VA (2008)

Our Health Community Services Complex Phase 2

Our Health Community Services Complex Phase II involved the rehabilitation of an historic facility that expanded the provision of public and private health and social services available to residents of the Winchester, Va., area.

Investment

  • NMTC Amount: $10,000,000
  • Total Project Cost: $11,723,429

IMPACT

  • 89 FTE jobs
  • 35 construction jobs
  • 15,000 patients served
  • 34,000 sq. ft. of real estate

Investor

Project Description

Our Health Community Services Complex Phase II involved the rehabilitation of a historic facility that expanded the provision of public and private health and social services available to residents of the Winchester, Va., area. Phase II adds 34,000 sq. ft. of space to the existing Our Health campus, and allow several of the organization’s state and nonprofit collaborators to consolidate operations and co-locate a range of complementary services.

Renovations to the structure include new HVAC and mechanical systems, new plumbing, a new roof, and a new brick facade on the exterior.

A Green Advantage

Our Health Community Services Complex Phase II was built to US Green Building Council LEED Silver standards, ensuring healthy, efficient, and sustainable design. The renovated building included a solar-heated water system and recycled flooring material.

Investment Type

The project was financed using a combination of debt and tax credit equity, with Enterprise providing $10 million of NMTC allocation. US Bancorp Community Development Corporation was the New Markets and federal historic tax credits investor, and the Prudential Insurance Company of America was the state historic tax credit investor. United Bank provided a mini-perm loan and a bridge loan to the project.

Market

Winchester is located in the Shenandoah Valley region about 75 miles west of Washington, D. C., and is classified as a non-metropolitan area under the NMTC program. As the seat of Frederick County, Va., Winchester, which has a population of about 120,000, serves as a major crossroads of this largely rural area. The Virginia Department of Health (VDH) has organized its services to residents in this region under the umbrella of the Lord Fairfax Health District, and the relocation of many of its partners and sub-agencies to the Our Health campus creates operational and strategic efficiencies. Phase II rents were at least 13 percent below market, and the condensed services district is an excellent catalyst to spur additional investment for compatible uses.

Community Impact

The project will significantly enhance Our Health’s one-stop shopping model for health and social services and provide a particular benefit to clients with low incomes or who are uninsured or disabled to access multiple services in one location. Phase II expands the number of beneficiaries that Our Health can serve from 5,000 to about 15,000 annually. Health and child welfare services augment the existing facilities, which include a free medical clinic, services for abused and orphaned children, and English as a Second Language tutoring. The projected list of lessees includes VDH, the City of Winchester Department of Social Services, the Frederick County Department of Social Services, Winchester Medical Center Child Welfare Group, the Virginia Employment Commission, and the Virginia Department of Rehabilitative Services.

The project created approximately 35 temporary construction jobs and 89 more permanent professional positions.

Sponsor

The development of Our Health Community Services Complex Phase II is a joint venture between Our Health Community Enterprises, Inc., a for-profit affiliate of Our Health, Inc., and North Cameron Properties, LLC. Our Health, Inc. is a nonprofit community agency organized to improve the health of citizens in the Northern Shenandoah Valley region of Virginia, including the city of Winchester and Clarke, and Frederick counties. The Community Services Complex houses public and private nonprofit community service organizations dedicated to healthcare and health-related social issues.

MAP

Address: 411 North Cameron Street, Winchester, VA 22601

Census Tract: 51840000100

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