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Committee approves $750,000 loan to Village of Joy birthing center; project leaders say $13.9M raised
Summary
The committee approved a $750,000, 10‑year loan (first year interest‑only) to Village of Joy Corporation (Birth and Beautiful Communities) to finish construction of a birthing center at East 65th Street; project leaders said they’ve raised $13.9M and need the city’s support to secure new markets tax credits.
The committee voted to approve an emergency ordinance (15‑22‑2025) authorizing a $750,000 loan to Village of Joy Corporation (doing business as Birth and Beautiful Communities) to partially finance construction of a birthing center at 1802 East 65th St.
Economic development staff described the loan terms: a…
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