PCDC: Primary Care Needs Immediate Financial Relief from the Federal Government

Categories: Policy
In an urgent letter to U.S. Department of Health and Human Services (HHS) Secretary Alex Azar, PCDC asked for an immediate, targeted allocation of federal aid to primary care providers in order to offset reduced revenue and increased costs associated with COVID-19. PCDC was one of several organizations to send a letter to HHS highlighting …

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To Address COVID-19 Disparities, PCDC Urges New York State to Invest in Primary Care

Categories: Policy
PCDC recently submitted testimony to the New York State legislature for its Joint Senate and Assembly Public Hearing on Exploring Solutions to the Disproportionate Impact of COVID-19 on Minority Communities to recommend an increased focus on primary care in the State’s efforts to address COVID-19 health disparities. Blacks and Hispanics are dying at drastically higher …

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PCDC Joins California CDFIs in Calling for $1 Billion in Federal Appropriations

Categories: Investment, Policy
PCDC joins the California Coalition for Community Investment (CCCI) – a coalition of almost 40 community development financial institutions that invest across the Golden State – in calling for a $1 billion appropriation for the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) in the next federal COVID-19 stimulus package. The …

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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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PCDC: Community Reinvestment Act Changes Can Undermine Community Health Investments

Categories: Investment, Policy
Community Reinvestment Act
PCDC recently submitted comments to federal officials on proposed revisions to the Community Reinvestment Act (CRA), the federal law that requires banks to meet the credit needs of surrounding communities, particularly low- and moderate-income neighborhoods. “The Community Reinvestment Act enables us to finance and enhance primary care and other vital health services in underserved communities,” …

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