PCDC Awarded $65 Million Allocation in U.S. Treasury New Market Tax Credits for Community Health

Categories: Investment, PCDC News
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 Report: Many NYC Areas Most Affected by COVID-19 Have Low Primary Care Access

Categories: Analytics, PCDC News, Press Release
NEW YORK, NY – People in lower-income and communities of color in New York City will have a tougher road back to health after the COVID-19 pandemic subsides, according to a new report issued by the Primary Care Development Corporation (PCDC). Points on Care: The Intersection of COVID-19 and Chronic Disease in New York City compares …

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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 …

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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 …

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