Who We Are
WE ARE A CDFI. PCDC is a national U.S. Treasury-certified community development financial institution (CDFI). Using a variety of financial instruments, we provide loans to practices to update, modernize, or expand their operations to better serve their patients.
WE PROVIDE TECHNICAL ASSISTANCE. PCDC’s trained experts partner with health care providers across the country to improve their services and outcomes. Using our on-the-ground expertise in primary care, we help our clients become patient-centered, efficient, and more successful.
WE PROMOTE POLICIES. PCDC uses its experience, connections, and expertise as a financial institution and a capacity building provider to develop and execute policy initiatives to bring resources, attention, and innovation to primary care at local, state, and federal levels of government.
By the early 1990s, New York City’s primary care landscape was bleak, with overcrowded health centers and limited primary care in poor and minority communities. Traditional banks were wary of lending money to practices that lacked solid financial footing. These and other factors imperiled public health.
With an initial $17 million from the City, the Primary Care Development Corporation was created with a specific purpose: to finance these facilities and bring culturally competent, high-quality care to underserved communities.
Today PCDC applies its expertise nationally in all aspects of primary care, from financing to delivery, to find new and innovative ways to make the system better.