PCDC Receives $1 Million Award from the CDFI Fund

Categories: Investment, PCDC News
The Primary Care Development Corporation (PCDC) was awarded $1,029,000 in highly competitive grant funds this week from the Treasury Department’s Community Development Financial Institutions Fund (CDFI Fund). PCDC was among 284 CDFIs nationwide awarded nearly $189 million in Financial Assistance grants, which enable recipients to increase access to capital in low-income and economically distressed communities. …

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Furthering Primary Care, Opioid Treatment, and Medical Education in Pennsylvania

Categories: Investment
A community in northeast Pennsylvania hard-hit by the opioid crisis will soon see expanded primary care access and medical education, thanks to financing from the Primary Care Development Corporation (PCDC). The Wright Center for Community Health and its affiliated entity, The Wright Center for Graduate Medical Education, will expand to a new 41,900-square-foot facility in …

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Increasing Behavioral Health Care to Combat the Opioid Epidemic

Categories: Investment
The Primary Care Development Corporation (PCDC) has closed financing that will advance integrated behavioral health in northwest Washington State, a region deeply affected by the opioid crisis. PCDC’s $1.5 million pre-development financing is fundamental to a large project that will transform Compass Health’s Everett location — a $120 million project with backing from the city …

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Increasing HIV/AIDS Care in South Florida

Categories: Investment
The Primary Care Development Corporation (PCDC) completed financing on its first capital investment project in Florida, which will bring integrated primary care, behavioral health, and a variety of supportive services to Miami, especially for people and families affected by HIV/AIDS. PCDC’s $6 million in debt financing and $10 million in New Markets Tax Credit allocation …

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PCDC Financing to Support Trauma-Informed Health Care Access in New Jersey

Categories: Investment
Henry J. Austin Health Center (HJAHC) closed on financing from the Primary Care Development Corporation (PCDC) that will increase trauma-informed care access for the most vulnerable residents in Trenton, New Jersey. Through $2.95 million in PCDC financing, HJAHC will expand and upgrade its main site, which has not been renovated since construction in 1977. The …

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