PCDC's Impact: CDFI

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As a national nonprofit Community Development Financial Institution (CDFI), PCDC builds, expands, and strengthens primary care, primarily in low-income, underinvested communities. Nationally, PCDC has provided direct financing and leveraged more than $1 billion across 130 primary care health center projects, with more than $5 of private investment for each $1 of public investment.

Results include primary care access for millions of patients, 10,000+ jobs created in low-income communities, and more than 1.6 million square feet of space transformed. In 2019, PCDC received from Aeris — the CDFI rating and information service — a Four-star impact performance rating with Policy Plus and AA+ financial strength and performance rating.

Combined with our capital performance improvement and advocacy functions, our goal is to achieve health equity.

$55M in tax credits goes to primary care

Categories: Investment, Press Release
The U.S. Treasury’s Community Development Financial Institutions Fund has awarded the Primary Care Development Corp. $55 million in New Markets Tax Credit allocation. The award will help PCDC continue to invest in primary care in underserved communities throughout the country. PCDC is one of 76 community development entities to share in $3.5 billion in New …

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Kentucky Health Center Refinances to Focus on the Future

Categories: Investment, Press Release
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Primary Care Development Corporation $2M Refinancing Positions Fairview Community Health Center for Expansion Bowling Green, KY/New York, NY, (December 4, 2014) – Fairview Community Health Center, a Federally Qualified Health Center based in Bowling Green, Kentucky, is preparing for the future with a $2 million loan from the Primary Care Development Corporation (PCDC) to refinance …

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Nonprofit, Philanthropy, and Banking Sectors Partner to Finance Health Center Growth

Categories: Investment, Press Release
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New York, March 14 – The Goldman Sachs Urban Investment Group, The Kresge Foundation, Low Income Investment Fund (LIIF), Primary Care Development Corporation (PCDC), Rockefeller Foundation and The Reinvestment Fund (TRF) announced a new partnership today to finance the expansion of community health centers, bringing critical capital to help meet the growing healthcare needs of …

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