New York State Revolving Capital Fund

The Community Health Care Revolving Capital Fund is a public-private financing partnership between PCDC and the State of New York.

The Community Health Care Revolving Capital Fund is a financing program created in January 2017 through a public-private partnership between PCDC and the State of New York, with generous funding from the state. Increased in 2023, the Fund is intended to facilitate investment to expand and improve primary care and behavioral health capacity in the state by providing affordable loan capital for eligible community-based health care providers to support  expansion and integration in New York State.

We will select eligible projects and provide financing to strengthen primary care through the construction and expansion of community-based health care facilities in New York State, including:

  • New construction
  • Reconstruction
  • Renovation
  • Rehabilitation
  • Refurbishment
  • Expansion
  • Equipment

All New York State community health and diagnostic and treatment centers licensed under Article 28, mental health clinics licensed under Article 31, and alcohol and substance abuse treatment clinics licensed under Article 32 are eligible for the financing.

Mount Vernon Neighborhood Health Center

Preserving access to needed primary care in Westchester County