PCDC Newsroom

Print Friendly, PDF & Email

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

Cynthia Summers, DrPH, MPH, Managing Director, Strategy and Public Affairs
Phone: (212) 437-3933
Email: csummers@pcdc.org


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 …

Read More

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 …

Read More

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, …

Read More

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 …

Read More

PCDC Announces New Financing for Infrastructure Needs in Primary Care

Categories: Investment, PCDC News, Press Release
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 — …

Read More