Enhanced Capital participated in the redevelopment of the Copley Hospital campus by providing financing through Illinois’ PACE program for energy efficiency measures in December 2020. Enhanced Capital also provided financing through state Historic Rehabilitation Tax Credits and a bridge loan secured by state and federal Historic Rehabilitation Tax Credits.

The new campus in Aurora, IL, includes senior housing, an apartment community for adults with developmental disabilities, space for healthcare providers and other medical services, community resources, and administrative offices for the area’s School District. The energy efficiency improvements estimate energy savings of nearly 13,000,000 kBtu (kilo-British thermal unit) per year and operational cost savings of $126,000 per year.¹ About 500 construction jobs and over 220 direct full-time jobs are expected to be created.

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1. Enhanced relies on third party verification sources to estimate both the energy output and savings of investments. All information herein related to energy is estimated.