Case Study: Mills Business Park
In 2004, two foundations pooled their resources to invest in the development of Mills Business Park in Canton, Ohio. Today, four great companies (and several hundred employees) call it home.
Impact:
- 250 New Jobs
- 141 total acres developed (70 acres of shovel-ready property remain available for new tenants)
- City of Canton is receiving income tax revenue
- Two local foundations are recapturing investment to do even more charitable grants and investments in the community
Project Funding
Source | Amount | IMPACT Investors: | $500,057 |
|---|---|
Federal Grants: | $5,354,273 |
State Grants: | $493,000 |
State Loans: | $1,800,000 |
City Grants: | $400,000 |
Total: | $8,547,730 |
More Details
