PCDC Newsroom

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Welcome to the PCDC Newsroom where you’ll find up-to-date news regarding PCDC projects and announcements. For general media inquiries, contact:

Patrick Kwan, Senior Director of Advocacy and Communications
Mobile: (917) 309-9188
Email: pkwan@pcdc.org


PCDC Report: Many NYC Areas Most Affected by COVID-19 Have Low Primary Care Access

Categories: Analytics, PCDC News, Press Release
NEW YORK, NY – People in lower-income and communities of color in New York City will have a tougher road back to health after the COVID-19 pandemic subsides, according to a new report issued by the Primary Care Development Corporation (PCDC). Points on Care: The Intersection of COVID-19 and Chronic Disease in New York City compares …

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PCDC Awarded Contract for HRSA Health Center Facility Loan Guarantee Program

Categories: Investment, PCDC News, Press Release
The Primary Care Development Corporation (PCDC) announced it has been re-designated as the Lender Coordinator for the Health Resources & Services Administration’s (HRSA) Health Center Facility Loan Guarantee Program (LGP), which can guarantee more than $880 million in new loans to health centers. The Loan Guarantee Program facilitates access to capital funding by guaranteeing up …

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Community Health Care Revolving Capital Fund Supports LGBTQ-Oriented Care Expansion for 15,000 New Yorkers

Categories: Investment, Press Release
PCDC Closes Financing for $18.2 Million Callen-Lorde Brooklyn Project New York, NY — Callen-Lorde Community Health Center’s new 25,000-square-foot facility located in the heart of Downtown Brooklyn is the first project to receive funding from the New York State Community Health Care Revolving Capital Fund. The Primary Care Development Corporation (PCDC) and the State of …

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Amidst Lingering Health Crises, Western New York Provider Strengthened Through Financing

Categories: Investment, Press Release
A primary care provider in Western New York — where rates of HIV, substance use, and sexually transmitted infections (STIs) outpace state averages — is undergoing dramatic enhancements, aided by $7 million in financing by the Primary Care Development Corporation (PCDC). Buffalo-based Evergreen Health will not only broaden its primary care services for the underserved, …

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PCDC Awarded $60 Million Allocation in U.S. Treasury New Market Tax Credits

Categories: Investment, PCDC News, Press Release
The Primary Care Development Corporation (PCDC) has been awarded $60 million in New Markets Tax Credits (NMTC) — PCDC’s largest allocation to date — from the U.S. Department of Treasury. The NMTC Program, administered by the CDFI Fund, spurs economic growth through federal tax credits that attract private investment to distressed communities. NMTC has emerged as …

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