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

| By Jonathan Yan
Categories: Investment, PCDC News, Press Release, Technical Assistance
| Tags: , , ,
$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

| By PCDC Admin
Categories: Investment, PCDC News
| Tags: ,
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

| By Maura Harris
Categories: Investment, Policy
| Tags:
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

| By PCDC Admin
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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PCDC Awarded Contract for HRSA Health Center Facility Loan Guarantee Program

| By PCDC Admin
Categories: Investment, PCDC News, Press Release
| Tags: ,
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 …

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