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

| By PCDC Admin
Categories: Investment, PCDC News, Press Release
| Tags:
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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PCDC Announces New Financing for Infrastructure Needs in Primary Care

| By PCDC Admin
Categories: Investment, PCDC News, Press Release
| Tags:
PCDC recently announced a pilot financing program designed to help community-based health care providers make investments in their organizations to support transformation. The Transformation Loan Fund enables health centers and other providers to undertake critical investments that support new delivery and payment models, among other changes. By accessing capital for these increasingly complex needs — …

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PCDC Marks 450th Patient-Centered Medical Home

| By PCDC Admin
Categories: PCDC News, Press Release, Technical Assistance
| Tags:
Since 2008, PCDC’s content experts have provided strategic leadership, practice coaching, and technical assistance to community health centers, hospital outpatient centers, private practices, and special needs providers across the country. These services recently yielded an important milestone: 450 primary care practice sites will have achieved National Committee for Quality Assurance (NCQA) Patient-Centered Medical Home recognition …

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PCDC Financing Supports $47M Expansion of Primary Care in Connecticut

| By PCDC Admin
Categories: Client Spotlight, Investment, PCDC News, Press Release
| Tags: , , ,
The Primary Care Development Corporation (PCDC) recently completed financing on a $47 million project that will dramatically increase access to primary care services across three key Connecticut cities. The financing enables Community Health Center, Inc. (CHC), Connecticut’s largest federally qualified health center (FQHC), to increase services by 60 percent, expanding its reach to an additional …

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PCDC Completes Financing for CT Health Center at Frontline of Opioid Crisis

| By PCDC Admin
Categories: Investment, PCDC News, Press Release
| Tags: , , , ,
The Primary Care Development Corporation (PCDC) has provided $1 million in financing for infrastructure investments at the Connecticut-based Community Health & Wellness Center (CHWC) of Greater Torrington, an area deeply affected by the opioid crisis. [See media coverage in the Hartford Business Journal and the Register Citizen.] By enabling new staff hires, IT upgrades, and other …

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PCDC Awarded $65 Million Allocation in U.S. Treasury New Market Tax Credits for Community Health
PCDC is Committed to Fighting Racism and Building Equity
PCDC Report: Many NYC Areas Most Affected by COVID-19 Have Low Primary Care Access
PCDC Awarded Contract for HRSA Health Center Facility Loan Guarantee Program
How CDFIs Can Support Community Health Now
5 Ways Health Care Staff Can Manage Stress During the Pandemic