PCDC Awarded $1.1 Million to Support Health Providers Serving Low-Income Communities Through the COVID-19 Crisis and Recovery

Categories: Investment, PCDC News, Press Release
Primary Care Development Corporation (PCDC) announced it has received a $1,137,500 award from the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund). The award was made through the Fiscal Year 2020 round of the Community Development Financial Institutions Program (CDFI Program) and the Native American CDFI Assistance Program (NACA Program), in …

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PCDC and CHCANYS Launch COVID-19 Community Health Care Resiliency Fund to Support New York State Health Centers

Categories: Investment, PCDC News, Press Release, Technical Assistance
$10 Million Fund Will Provide Financing and Technical Assistance to Support Restoration and Enhancement of Community Health Services Primary Care Development Corporation (PCDC) and Community Health Care Association of New York State (CHCANYS) have announced the COVID-19 Community Health Care Resiliency Fund to help community health centers restore, sustain, and enhance operations. The $10 million …

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PCDC Awarded $65 Million Allocation in U.S. Treasury New Market Tax Credits for Community Health

Categories: Investment, PCDC News
The Primary Care Development Corporation (PCDC) has been awarded $65 million in New Markets Tax Credits (NMTC) – PCDC’s largest allocation to date and amongst the highest awarded in this round of awards – from the U.S. Department of Treasury. The NMTC Program, administered by the CDFI Fund, spurs economic growth through federal tax credits …

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PCDC Joins Coalition Calling on Congress to Extend New Markets Tax Credit Program

Categories: Investment, Policy
PCDC recently joined more than 700 organizations across the country to sign on to a letter authored by the New Markets Tax Credit (NMTC) Coalition to the United States Congress urging them to take action to extend and provide an emergency expansion of the New Markets Tax Credit (NMTC) that will assist communities struggling with …

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HRSA Loan Guarantee Program: Unlocking Financing for Health Centers

Categories: Investment
Community health centers provide quality primary care to over 29 million Americans, regardless of ability to pay. Over 1,400 health centers operate more than 12,000 service delivery sites nationwide, many of which are the only health care options available for low-income populations. Continued financing for primary care — especially in rural and urban underinvested communities …

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