University Circle New Markets, Inc.

Cleveland OH


University Circle New Markets, Inc. (UCNM) is dedicated to serving or providing investment capital for low-income communities in the “Greater University Circle” area of Cleveland, Ohio. Approximately 75 percent of investments will be targeted to real estate projects, including community facilities, commercial, retail, for-sale housing and mixed-use facilities, with emphasis on green buildings. UCNM will make approximately 24 percent of investments to businesses that commit to moving into, or expanding operations in, the target neighborhoods. UCNM will also target 1 percent of its NMTC Allocation to Financial Counseling and Other Services.

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