Latest PCDC News

VIDEO: Virtual Primary Care Summit Highlights

Categories: Events, PCDC News
In November 2021, the Primary Care Development Corporation (PCDC) hosted its virtual Primary Care Summit about “Closing the Equity Gap: Intentional Investing in Primary Care.” This livestreamed event featured panelists Charlene Wong, MD, MSHP, Assistant Secretary for Children and Families at the North Carolina Department of Health and Human Services, and Shelina Davis, MPH, MSW, …

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PCDC Awarded Grant from Wells Fargo to Support Small Primary Care Practices in Disinvested Communities

Categories: PCDC News, Press Release, Technical Assistance
Primary Care Development Corporation (PCDC) was recently awarded a grant from the Wells Fargo Foundation Open for Business (OFB) program to provide training and technical assistance (TA) to minority-owned and operated primary care practices to aid in their recovery from the pandemic’s economic and community health impact. Small primary care practices are vital to communities, …

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PCDC Announces New Leadership in Capital Investment and Finance & Administration

Categories: Investment, PCDC News, Press Release
PCDC is pleased to announce the recent appointment of two new executives. Dana Reed joins PCDC as Managing Director, Capital Investment, and Daniel J. Lehman will be PCDC’s Executive Vice President and Chief Financial Officer. Both appointments followed highly competitive national searches led by a search firm. “I am thrilled to round out PCDC’s executive …

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PCDC Awarded $65 Million Allocation in CDFI Fund New Market Tax Credits

Categories: Investment, PCDC News, Press Release
The Primary Care Development Corporation (PCDC) has been awarded $65 million in New Markets Tax Credits (NMTC) from the U.S. Department of the Treasury’s Community Development Financial Institutions (CDFI) Fund. The award matches last year’s record allocation and is the highest tier of allocations awarded to Community Development Entities (CDEs). The NMTC Program, administered by …

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Investing in Culturally Competent Primary and Specialty Care Services to Immigrant Communities in Houston

Categories: Investment
HOPE Clinic Health and Wellness Center (HOPE), the second largest Federally Qualified Health Center (FQHC) in Houston, Texas, recently received $16 million in total financing from Primary Care Development Corporation (PCDC) for a new 70,000 square foot health and wellness facility. PCDC’s financing package included $10 million in New Markets Tax Credits (NMTC) and $6 …

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