Expanding Primary Care and Behavioral Health Services in Western New York

Categories: Investment
The Primary Care Development Corporation (PCDC) recently financed the expansion of two Federally Qualified Health Centers (FQHCs) in Western New York. The Chautauqua Center (TCC) in Dunkirk, New York received $7 million to expand its current location, and Neighborhood Health Center of Western New York (Neighborhood) received $19 million to expand two locations in Buffalo, …

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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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Expanding Primary and Specialty Care Services to Underserved Communities in Rhode Island

Categories: Investment
Providence Community Health Center (PCHC), the largest Federally Qualified Health Center (FQHC) in Rhode Island, received $6 million on June 26, 2021 in New Markets Tax Credits (NMTC) from Primary Care Development Corporation (PCDC) for a new 26,600 square foot health facility. The new facility, which will be located in Providence on Atwood Street, is …

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