PCDC Receives $50 million Allocation in U.S. Treasury New Market Tax Credits

Categories: Investment

The Primary Care Development Corporation (PCDC) is excited to announce it has received an allocation of $50 million in New Markets Tax Credits (NMTC) from the U.S. Department of Treasury. PCDC was one of 120 community development entities (CDEs) selected to receive $7 billion in NMTC allocation under this current round of awards covering 2015 …

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$1.75 Million CDFI Financial Assistance Grant Awarded to PCDC

Categories: Investment, Press Release

NEW YORK –The Primary Care Development Corporation (PCDC) is pleased to announce that it has received a $1.75 million award from the U.S. Department of the Treasury’s Community Development Financial Institution (CDFI) Program. PCDC is proud to be among the 158 CDFIs to receive $170.2 million through the CDFI Program and is the only organization …

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Primary Care Development Corporation, U.S. Bancorp to Finance New Family Health Centers of San Diego in El Cajon

Categories: Investment, Press Release

New York, San Diego, St. Louis, September 15, 2016 – The Primary Care Development Corporation (PCDC) and U.S. Bancorp Community Development Corporation (USBCDC) have closed on financing to support Family Health Centers of San Diego’s (FHCSD) construction of a new, comprehensive care center in the city of El Cajon. New Markets Tax Credits (NMTC) financing …

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Lowell Community Health Center Expands

Categories: Investment, Press Release

With $27 million expansion, new space adds dental and vision services to largest primary care provider in the area Lowell, MA—Lowell Community Health Center (Lowell CHC) closed today on financing for a $27 million expansion that will renovate 65,000 square feet at 101 Jackson Street, adjacent to its main center at 161 Jackson Street. Through …

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Community Health Centers: the Prescription for Healthy Living

Categories: Client Spotlight, Investment

HealthCore Clinic, Wichita, KS As a community development financial institution that fosters primary care expansion and transformation in low-income communities, the Primary Care Development Corporation’s (PCDC) interests go beyond typical loan financing. When evaluating projects, we actively help providers explore and execute innovative strategies to promote population health. Although this frequently means expansion and/or integration …

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