Lighthouse Youth Services Sheakley Center - Cincinnati, OH

CSH provided $10.5 million in NMTC allocation to LYS for the development of a 26,000 SF comprehensive service center targeted to homeless youth 18 to 24 years old to include a 36-bedroom dormitory style transitional shelter, a day services facility, classroom/multi-purpose space, nurses station, and office space for 50 employees. On-site services include a commercial kitchen providing three meals per day, behavioral/mental health services, substance use treatment, outreach services, case management, social support development, job and life skills training, housing placement/referrals, health screening, and other services. The project is part of the adaptive reuse of a 62,000 SF former warehouse building which will also house 39 units of supportive housing for youth, financed separately with LIHTCs. The Project will allow LYS to relocate and expand an existing shelter and to add on-site services for improved and streamlined service provision. Upon completion LYS will nearly double the number of homeless youth it serves per year from 370 at the existing location to more than 650 at the new facility. This project closed 7/20/2017 and opened in December, 2017.

About Lighthouse Youth & Family Services
Lighthouse Youth & Family Services is dedicated to advancing the dignity and well-being of children, youth and families in need.

Operating since 1969, Lighthouse is nationally recognized as an innovator in services for families in crisis, for homeless youth and young adults, and for youth learning to become self-sufficient.
The agency provides early childhood services; behavioral health and psychiatric services; home-based services to families; services to youth engaged with the juvenile justice system; community residential treatment facilities; foster care and adoption; independent living services; and opportunities through education.

2016 New Markets Tax Credits Allocation

In November 2016, CSH was awarded $65 million in NMTC allocation for Round 13 to finance health centers and social service facilities that serve homeless and high-health need clients and Supportive Housing residents. We have invested this NMTC allocation in five projects.

Completed

December, 2017

Category

Comprehensive service center.

CSH Investment

$10.5 Million New Markets Tax Credit