PCDC Awarded Contract for HRSA Health Center Facility Loan Guarantee Program

Categories: Investment, PCDC News, Press Release
The Primary Care Development Corporation (PCDC) announced it has been re-designated as the Lender Coordinator for the Health Resources & Services Administration’s (HRSA) Health Center Facility Loan Guarantee Program (LGP), which can guarantee more than $880 million in new loans to health centers. The Loan Guarantee Program facilitates access to capital funding by guaranteeing up …

Read More

PCDC Joins California CDFIs in Calling for $1 Billion in Federal Appropriations

Categories: Investment, Policy
PCDC joins the California Coalition for Community Investment (CCCI) – a coalition of almost 40 community development financial institutions that invest across the Golden State – in calling for a $1 billion appropriation for the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) in the next federal COVID-19 stimulus package. The …

Read More

How CDFIs Can Support Community Health Now

Categories: Investment, PCDC News, Policy
Even in the best of times, access to health care and basic financial services is essential to creating more equitable communities.      In underserved and underinvested areas — where financial resources are already limited — crises such as COVID-19 pose added threat to health and financial well-being.   Below are ways that Community Development Financial Institutions …

Read More

PCDC: Community Reinvestment Act Changes Can Undermine Community Health Investments

Categories: Investment, Policy
Community Reinvestment Act
PCDC recently submitted comments to federal officials on proposed revisions to the Community Reinvestment Act (CRA), the federal law that requires banks to meet the credit needs of surrounding communities, particularly low- and moderate-income neighborhoods. “The Community Reinvestment Act enables us to finance and enhance primary care and other vital health services in underserved communities,” …

Read More

Staff Spotlight: Adventures in Patagonia (and at PCDC)

Categories: Investment
Thearada (Teddy) Namcharoen serves as an Analyst for PCDC’s Capital Investment team, which invests in underserved communities by providing advisory services and responsible, affordable loan capital.   Previously, Namcharoen was a Licensed Real Estate Salesperson in New York State and a Credit Account Officer at Bangkok Bank’s New York Branch, managing a portfolio of more than …

Read More