Renewal House

Nashville,
TN
(2020)

Renewal House

Addiction Treatment, Behavioral Health, Community, Healthcare

Financing for a new facility for Renewal House, a long-term comprehensive addiction treatment center for both women and children in Nashville, TN.

Investment

NMTC Amount: $9,000,000
Total Project Cost: $9,156,250

IMPACT

35 FTE jobs
155 construction jobs
30,000 sq. ft. of real estate

CDEs

Primary Care Development Corporation, USBCDE

Investor

US Bank

Project Description

Renewal House is a long-term comprehensive addiction treatment center for both women and children in Nashville, TN. This expansion includes the new construction of a 30,000 sq. ft., 3-story building that will provide homes to 34 residential program families which will double the program’s current facility. In addition, the new facility will include space for treatment services and administrative staff offices.

MAP

Address: 3600 Clarksville Pike, Nashville, TN 37218

Census Tract: 47037012801

Other Tennessee Projects

Faith Family Medical Center

Nashville,
TN
(2019)

Community, Healthcare, Hospitals and Emergency Services

CDE(s): The Reinvestment Fund

With the help of Reinvestment Fund and SunTrust Community Capital, the nonprofit was able to leverage a successful capital campaign through a NMTC financing structure to finance a new medical

Memphis Union Mission’s Opportunity Center

Memphis,
TN
(2022)

Healthcare, Nonprofit Hub, Shelters and Community Food

CDE(s): Hope Enterprise

A $14,000,000 New Markets Tax Credit (“NMTC”) investment supported Memphis Union Mission’s (“MUM”) The Opportunity Center, Phase 2 on March 14, 2022. Located at 383 Poplar Avenue in Memphis, Tennessee,

Interfaith Dental Clinic 2

Nashville,
TN
(2018)

Community, Healthcare, Nonprofit Hub

CDE(s): Raza Development Fund, Truist

The clinic is undertaking an $8 million renovation of the 30,000 sq. ft. Aladdin Industries building on Murfreesboro Road, where it will be joined by Prevent Child Abuse Tennessee and

Model Mill

Johnson City,
TN
(2018)

Business Development, Historic Rehabilitation, Office

CDE(s): People Incorporated Financial Services, RBC Community Development

Financing for rehab of the Model MIll on West Walnut Street into a new headquarters for a business.