![]() ![]() An additional 98 beds support OHL’s Short-Term Adult Residential Treatment Program, serving 1,000 patients per year. OHL operates outpatient services, serving 60 patients per year, and provides inpatient services as a 48 beds detox facility, serving 3,500 patients per year. The project can only sustain limited debt based on OHL’s revenues associated with providing free and discounted care. But for NMTCs, OHL would not have the financial capital to allow for this redevelopment project to begin. ![]() Citibank, N.A., as an NMTC investor, provided $4.75 million of NMTC equity. Additional debt sources included The Reinvestment Fund, Twain Community Partners II, LLC, and a $577K loan from the Rhodes family, the owners of the property and co-developers with Gulf Coast Housing Partnership. The project financing includes $14.5 million in NMTC allocation from Enterprise and Goldman Sachs. In the 11 years since Hurricane Katrina, OHL has grown from a small, 61-bed treatment program into the state’s largest substance abuse treatment program. Over the past four decades, OHL has provided comprehensive services to Louisiana’s most vulnerable populations, including people with HIV/AIDS, homeless clients, and clients who possess physical, psychological, or emotional disorders. OHL is a substance abuse treatment facility and federally qualified health center. dilapidated structure that has been dormant and exposed for over a decade. The Odyssey House Louisiana (OHL) project involves the rehabilitation and complete renovation of the historic Bohn Motor Co. ![]()
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