University Circle Incorporated (UCI) is the development, service, and advocacy organization responsible for the growth of University Circle as a premier urban district in Cleveland and world-class center of innovation in healthcare, education, and arts & culture. UCI does it by reviving Cleveland’s historic Main Street and connecting it to its historic neighborhoods, connecting our local business community to our world-class institutions, and keeping the neighborhood clean, safe, and attractive for more than 3 million people who visit, learn, work, and live here each year.
UCI used HFFI financing to support a low-interest loan for the expansion of Constantino’s Market, a locally owned grocery in the University Circle neighborhood of Cleveland, Ohio. The owners of Constantino’s Market worked with a certified training provider to break down barriers to employment for individuals with economic disadvantages, physical or mental disabilities, and/or a history of incarceration.
Projected Impacts
- Funded a low-interest loan to Constantino's Market, a new grocery store in the University Circle neighborhood of Cleveland, Ohio, a low-income community with limited food access, 400 Section 8 units, 215 units of market-rate housing, a major college campus, and a school of art
- Recruited certified training provider that specializes in breaking down barriers to employment for individuals with economic disadvantages, physical or mental disabilities, and/or a history of incarceration
- Created new full-time jobs
Source of money: HFFI CED Program; Fiscal year(s): 2011