Mercy Medical

Mercy Health’s St. Elizabeth Hospital in Youngstown, Ohio is renovating a 32,000 SF section of its current facility and creating a Behavioral Health Institute (BHI). The $10,970,396 renovation consists of modifications to vacant floors of St. Elizabeth in an effort to adapt to the changing needs of the Youngstown community, particularly the need for increased geriatric care. The project is also in response to a community health assessment of Mahoning County which indicated that behavioral health is one of the top needs in the community. St. Elizabeth is the only provider of behavioral health services within a 90 mile radius. The BHI will expand the hospital’s current behavioral health services from just adult care, to include geriatric care, outpatient services, and increased inpatient admission. The BHI will have 24 adult acute beds and 14 senior medically frail beds, with the ability to service up to 100 patients per day. In addition, the creation of post-acute services and intensive outpatient programs is expected to reduce the need for frequent inpatient hospitalization. This project will create approximately 80-90 construction jobs, and allow BHI to create 20 new full time permanent jobs primarily in the health care field, and retain at least 50 existing full time permanent jobs. Development Fund of the Western Reserve provided a $5M NMTC allocation and partnered on this project with another CDE, Finance Fund, who brought an additional $5M Federal NMTC Allocation and $2.5 State NMTC Allocation.
The Behavioral Health Institute is an ideal NMTC project because it serves a federally designated medically underserved area that has a 42% poverty rate, median family income of 45.5% of statewide median family income, and a 23.9% unemployment rate (more than 1.5 times the national average). NMTC financing allowed Mercy Health to immediately fund construction and expand the scope of its renovations to include specialized equipment for treating behavioral health patients, instead of waiting years for funding from the operating budget to become available.