PCDC Awarded $65 Million Allocation in CDFI Fund New Market Tax Credits

Categories: Investment, PCDC News, Press Release
The Primary Care Development Corporation (PCDC) has been awarded $65 million in New Markets Tax Credits (NMTC) from the U.S. Department of the Treasury’s Community Development Financial Institutions (CDFI) Fund. The award matches last year’s record allocation and is the highest tier of allocations awarded to Community Development Entities (CDEs). The NMTC Program, administered by …

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Advocates for Human Potential and PCDC: Q&A on Leveraging Funding from the American Rescue Plan

Categories: PCDC News, Technical Assistance
The American Rescue Plan has made unparalleled funding available for Federally Qualified Health Centers (FQHCs) and FQHC Look-Alikes (LALs). Primary Care Development Corporation (PCDC) and Advocates for Human Potential, Inc. (AHP) recently hosted a webinar to support FQHCs/LALs on how these new funding sources can be leveraged to set providers up for longstanding impact. The …

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New York Senate Advances Bill to Expand Eligible Uses for the Community Health Care Revolving Capital Fund

Categories: Investment, PCDC News, Policy
The New York State Senate recently took action on a bill sponsored by Senate Health Committee Chair Gustavo Rivera and Assembly Health Committee Chair Richard Gottfried to increase flexibility and expand eligible uses of the New York State Community Health Care Revolving Capital Fund, which is administered by PCDC. The Senate Health Committee passed the …

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The American Rescue Plan Act and FQHCs: An Opportunity to Bolster Much Needed Primary Care Access

Categories: Investment, PCDC News, Policy, Technical Assistance
With the recent passing of the American Rescue Plan Act (ARPA), Federally Qualified Health Centers (FQHCs) and provider organizations will receive funding from the federal government. The U.S. Health Resources and Services Administration (HRSA) will allocate over $6 billion to Health Center Program award recipients. Additional funding for FQHC Look-Alikes, Health Center Controlled Networks and …

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PCDC Mourns the Passing of Donald Ashkenase

Categories: PCDC News
On Monday, primary care lost a great champion. Donald Ashkenase was well known to many in New York as a hospital finance expert with a long and storied career at Long Island Jewish Medical Center, NYC Health + Hospitals, and Montefiore Medical Center. But here at the Primary Care Development Corporation, we knew Don as …

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