The grants are anticipated to range between $3,000 and $25,000 per grantee.

Two of the new staffers, Joan Chase and Jeffrey Weston Sleasman, joined the civic collaborative on May 15. The third, Angelica Dandridge, started Monday, June 5. Fund president Bethia Burke said the three have 'deep familiarity with core issues' of advancing equitable economic growth.

KeyBank Community Development Lending and Investment provided a $6.3 million equity investment in New Markets Tax Credits, and KeyBank Institutional Advisors provided a $23.7 million loan to fund the construction of the 95,000-square-foot center, which aims to bridge Cleveland's downtown business center with its University Circle academic hub.

The community development corporation represents Edgewater Beach, Gordon Square Arts District, Cleveland EcoVillage and Lorain Avenue Antiques District neighborhoods on Cleveland's West Side.