New Markets Tax Credit Coalition

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Resurrection University

Resurrection University trains students for careers in nursing and allied health care professions.

Investment

  • NMTC Amount: $14,000,000
  • Total Project Cost: $14,273,814

IMPACT

  • 15 FTE jobs
  • 120 construction jobs
  • 3,800 patients served

CDEs

Investor

Project Description

Resurrection University trains students for careers in nursing and allied health care professions. Due to a divestment of hospital assets by RHCC, Resurrection University needed to move from its location in Oak Park. Res U explored multiple locations in the Chicago suburbs as well as the RHCC-owned Saint Elizabeth Hospital in Humboldt Park. The total cost of relocation and building rehabilitation at Saint Elizabeth Hospital to accommodate Res U was approximately $15 million. Neither the University nor RHCC, as a provider of health care to low-income populations, was able to absorb the full cost of the relocation and rehabilitation.

MAP

Address: 1431 North Claremont Avenue, Chicago, IL 60622

Census Tract: 17031241200

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Resurrection University trains students for careers in nursing and allied health care professions.

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