YWCA of Greater Cincinnati receives $5m in NMTCs for new IPV shelter

Contributed Uptown Consortium, Inc. (UCI) has allocated $5 million in Federal New Markets Tax Credits (NMTCs) to the YWCA of Greater Cincinnati as part of UCI’s NMTC Program. This is financing the renovation of a vacant apartment building in Uptown to provide 21 units of temporary housing and support services for survivors of intimate partner violence (IPV). Construction on the project has started with the shelter opening in 2024.   “UCI’s NMTC investment in the YWCA of Greater Cincinnati will assist them in helping more women and children make a fresh start that’s safe, secure and empowering. This meaningful project fits with UCI’s NMTC program mission by increasing services to the community, contributing to community revitalization and creating jobs,” said Beth Robinson, President & CEO of UCI. Comfortable, high-quality living spaces with survivors’ needs in mind. Photo provided NMTC Allocation Means Offering Help for More Survivors   The new YWCA shelter will provide temporary housing in more than 20 living units that are beautiful, safe, and most importantly secure, places for survivors to heal from trauma. It will serve approximately 600 adults and children each year of which most have income at or below the poverty line. It will be the second...