• New YMCA – Boys & Girls Club Project Awarded National Community Development of the Year

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    October 30, 2019

     

     The John E. Alexander South Wood County YMCA has been honored as the 2019 Community Development of the Year from the Novogradac Journal of Tax Credit. Each year, the national awards recognize community development organizations that have made exceptional contributions to their communities. The YMCA received the Community Development Qualified Low-Income Community Investment (QLICI) Award in the non-metro category. Cinnaire and Mid City, in partnership with Chase, provided $3.8 million in New Markets Tax Credit (NMTC) investments to help support the project. 
     

    With a mission to address the challenges and needs facing Wisconsin Rapids, a collaboration between the South Wood YMCA and the Boys & Girls Club of Wisconsin Rapids Area has transformed the vacant downtown mall and nearby vacant parcels into a 95,000 square foot facility featuring services provided by the YMCA, the Boys & Girls Club and the Department of Veterans Affairs. The project broke ground in August 2018 and is anticipated to open in the spring of 2020. 

    “The Novogradac awards highlight projects that are providing social services to people in need while spurring community revitalization and economic development in distressed communities,” said Mark McDaniel, Cinnaire president & CEO. “The South Wood County YMCA exemplifies the extraordinary benefits the new markets tax credit program brings to low-income communities. The new facility would not have been possible without the critical financing provided by the new market tax credit allocation.” 
     

    Upon completion in the spring of 2020, the development will serve as the community’s largest provider of youth development services, provide an integrated community health model for individuals and families, as well as provide programs for veterans and their families. Designed to collaboratively accommodate the program needs of the YMCA, the Boys & Girls Club and the Veterans Clinic, the new facility will provide a teen center, computer labs, learning center, study lounge, music/drama room, arts classroom, aquatics center, teaching kitchen, childcare center, gymnasium, and more. The entire campus for the new site includes a Department of Veterans Affairs Community-based outpatient clinic that is located between the YMCA and Centralia Center with access into the YMCA. 
     

    “The collective impact of this project will not only positively affect countless individuals for many generations to come, but also transcend throughout our community. We are truly at a turning point as we help to reshape the narrative of health and wellbeing of our community”….said Bret Salscheider, CEO of the South Wood County YMCA. “There have been so many key stakeholders involved in making this truly a one of kind project and we are so honored to receive this award.” 

    As an association, the YMCA’s goal is to ensure that all youth and families in the region have the resources needed to succeed. This new facility will be a hub of resources, a place where community collaborations thrive all while offering the essential programs and services needed in the community. 


     

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    About John E. Alexander South Wood County YMCA 

    The YMCA has been serving South Wood County since 1957. The Y is the place to go for family events, activities, and fun. Annually, more than 15,000 individuals participate in YMCA programs and services where no one is ever turned away for an inability to pay. The Y offers more than 100 programs for everyone from toddlers to active older adults. In addition, the YMCA runs seven before and after school programs that serve nearly 200 families in the community. During the summer, YMCA Camp Alexander offers the opportunity for 500 young people to experience the joys of day and resident camp. You can find more information at swcymca.org. 
     

    About Boys & Girls Club of the Wisconsin Rapids Area 

    The Boys & Girls Club of the Wisconsin Rapids Area provides before and after-school programming for youth ages 6-18 in Wisconsin Rapids, Nekoosa and Port Edwards. The mission of Boys & Girls Club is to enable all young people, especially those who need us most, to reach their full potential as productive, caring, responsible citizens. Boys & Girls Club focuses programming efforts on three key outcome areas: Academic Success, Good 

    Character and Citizenship, and Health Lifestyles. The Club serves over 2,100 youth throughout South Wood County each year through membership and additional outreach programs for non-members. Learn more by visiting bgcwra.org and facebook.com/bgcwra. The Boys & Girls Club is a proud partner of the United Way of Inner Wisconsin. 

    About Cinnaire 

    Cinnaire is a non-profit financial partner that supports community and economic revitalization initiatives through creative investments, loans and development services. Since 1993, Cinnaire has invested $4.2 billion to develop 717 housing communities in 10 states, providing 47,000 affordable apartment homes for more than 100,000 individuals and families. In its mission to change lives and transform struggling neighborhoods into thriving communities, Cinnaire has helped to create or retain nearly 71,000 jobs and spur $7.9 billion in economic impact. www.cinnaire.com