PCDC-Financed Integrated Health Center Opening in Brooklyn

Categories: Client Spotlight, Investment
Next year, the Institute for Community Living (ICL) will open the doors to its new integrated health center in East New York — just over two years after PCDC helped finance the project. The center boasts 44,600 square feet of space and will be able to serve 9,700 patients, a 250 percent increase from ICL’s …

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Client Update: On the Front Lines of the Opioid Epidemic

Categories: Client Spotlight, Investment, PCDC News
Last December, PCDC completed $1 million in financing for infrastructure investments at the Community Health & Wellness Center (CHWC) of Greater Torrington, an area of Connecticut deeply affected by the opioid crisis. The initiative was the latest to spring from a partnership that began in 2013, when CHWC became PCDC’s first financing project outside of …

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Novogradac Journal: How PCDC is Helping Make a ‘Big Difference in Big Easy’

Categories: Client Spotlight, Investment, PCDC News
In a new Novogradac Journal of Tax Credits cover story, PCDC leaders comment on how New Markets Tax Credits (NMTC) fueled financing for CrescentCare, a New Orleans-based community health center and longtime PCDC client. PCDC completed financing last summer to construct CrescentCare’s new 65,000-square-foot medical campus, bringing much-needed primary care and prevention services to a community …

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Six Years After Hurricane Sandy, PCDC Financing Helps Revitalize Health Center

Categories: Client Spotlight, Investment, PCDC News

The Primary Care Development Corporation (PCDC) has completed $22.5 million in financing to transform a health center in an underserved New York City neighborhood affected by Hurricane Sandy. Bank of America Merrill Lynch and Building America CDE partnered with PCDC on the project, which will bring new space, services, and jobs to an area disproportionately affected …

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PCDC Financing Supports $47M Expansion of Primary Care in Connecticut

Categories: Client Spotlight, Investment, PCDC News, Press Release
The Primary Care Development Corporation (PCDC) recently completed financing on a $47 million project that will dramatically increase access to primary care services across three key Connecticut cities. The financing enables Community Health Center, Inc. (CHC1), Connecticut’s largest federally qualified health center (FQHC), to increase services by 60 percent, expanding its reach to an additional …

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