Ohio Data and Stories

State Fact Sheet

Map of Selected Projects in Ohio

Community Testimonials

The NMTC made our urban ministry center possible in a location in central Ohio that was unfinanceable according to several financing experts. This, in spite of significant down payment funds available. The result has been a rehabilitated building that has become the epicenter of community renovation and a reversal of major blight in the neighborhood. It has also become home to a youth serving ministry that supports 300-400 youth each year with programming. This is in addition to supporting a charter school providing educational services to 150-200 students each year. The effect of this investment in the lives of young people in this urban neighborhood is hard to estimate in hard dollars, but has been far beyond what was put into it.

-Scott Arnold, Executive Director, Central Ohio Youth For Christ, Columbus, Ohio

Selected Projects in Ohio

Mirac, Inc

West Union,
OH
(2018)

Business Development, Machine Shops and Metal Fabrication, Manufacturing, Rural

CDE(s): Advantage Capital

AA $7.55 million investment in Mirac, Inc., a rural Ohio-based electronics assembly and fabrication company with locations in Lynchburg and West Union, that helps keep jobs in rural Ohio.

Glenville Circle North

Glenville,
OH
(2018)

Affordable Housing, Business Development, Community, Housing, Incubator, Manufacturing, Mixed-use

CDE(s): Cleveland Development Advisors, Enterprise Community Partners

The first of Mayor Frank Jackson's Neighborhood Transformation Initiative projects, Glenville Circle North combines small business incubator spaces in collaboration with the City of Cleveland, 63 units of housing, a

Boys Hope Girls Hope

Garfield Heights,
OH
(2018)

Boys and Girls Clubs, Community, Daycare and Early Childhood, Recreation, Youth and Families

CDE(s): Cleveland Development Advisors

NMTC financing helped create a 11,000 sq. ft. Academy Center for a nonprofit fighting for academic opportunities in underserved communities.

Kroger Fremont

Fremont,
OH
(2018)

Grocery and Fresh Food, Retail, Retail and Commercial, Rural

CDE(s): Finance Fund

Construction of an 89,650 sq. ft. full-service Kroger grocery store and pharmacy, expected to serve 42,631 customers annually.

YWCA Dayton

Dayton,
OH
(2018)

Community, Daycare and Early Childhood, Historic Rehabilitation, Recreation, Supportive Housing, YMCAs and YWCAs, Youth and Families

CDE(s): Dayton Region New Markets Fund, IFF

Major update of YWCA Dayton centers on trauma-informed care.

Madisonville Redevelopment

Cincinnati,
OH
(2018)

Community, FQHCs, Healthcare, Office, Retail, Retail and Commercial

CDE(s): Chase, Cincinnati Development Fund, Enterprise Community Partners

Madisonville Redevelopment revitalized three buildings across three city blocks in the Madisonville neighborhood of Cincinnati, Ohio.

Stirling Ultracold

Athens,
OH
(2018)

Business Development, COVID-19, Disaster Recovery, Manufacturing, Rural

CDE(s): Advantage Capital

Investment in rural freezer manufacturer creates new jobs and supports covid-19 vaccine distribution.

The Bowery

Akron,
OH
(2018)

Affordable Housing, Grocery and Fresh Food, Historic Rehabilitation, Housing, Mixed-use, Retail, Theaters and Performing Arts Spaces

CDE(s): Cleveland Development Advisors, National Trust Community Investment Corporation

The revitalization of Akronʻs downtown corridor created a vibrant mix of urban living, healthy foods, new commercial opportunities, and the expansion of the Akron Civic Theater.

Ariel On Broadway

Lorain,
OH
(2018)

CDE(s): USBCDE

Formerly the Spitzer Hotel before it sat vacant for more than a decade, the Broadway Building was an eyesore on the city's main thoroughfare until it was revitalized.

The United Building

Akron,
OH
(2018)

Mixed-use, Retail

CDE(s): Development Fund of the Western Reserve

Offices, hotel, restaurants: Located on the corner of South Main and East Market Streets, developer Tony Troppe redeveloped the 58,000 square foot historic structure into a modern day office building.

University of Cincinnati Gardner Neuroscience Institute

Cincinnati,
OH
(2017)

Community, Healthcare, Historic Rehabilitation, Hospitals and Emergency Services

CDE(s): Capital One, Cincinnati Development Fund, Finance Fund, Uptown Consortium

Construction of new Neuroscience Institute facility and parking garage, and acquisition of equipment and machinery for owner-occupied hospital.

Fortuity Calling

Columbus,
OH
(2017)

Professional Services, Retail

CDE(s): Capital One, Finance Fund

The acquisition and renovation of real estate and improvements for owner occupied call center businesses that will also lease space to non-profit social enterprise that provide on-site support services such

Site visits and recent news related to Ohio NMTC Projects

Rep. Mike Turner tours of Gem City Market in Dayton

The long-awaited grand opening of the Gem City Market takes place on Wednesday, and a couple of U.S. lawmakers this week got a sneak peek of the new facility, which was partly funded with federal dollars.

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Jun-2021

(Former) Rep. Chabot Visits Over the Rhine Community Housing

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Jul-2015

Ronald McDonald House Charities of Central Ohio expands support for families with help from JPMorgan Chase

April 1, 2024

Brown Welcomes $105 Million in New Markets Tax Credits to Create Jobs, Promote Economic Growth in Cleveland, Cincinnati, and Dayton

November 2, 2023

New St. Martin de Porres High School opens on Cleveland’s East Side (photos)

April 1, 2018