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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PCDC Receives $10 Million Impact Investment to Help Close Primary Health Care Deficit in Underserved Communities

Categories: Investment, PCDC News, Press Release
Primary Care Development Corporation (PCDC) announced receiving a $10 million donation from philanthropist MacKenzie Scott, a catalytic investment to strengthen primary care and build health equity. “Primary care is underfunded and unavailable to many. This lack of access and investment in primary care and prevention has left many communities especially vulnerable during the COVID-19 pandemic,” …

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PCDC Awarded $1.1 Million to Support Health Providers Serving Low-Income Communities Through the COVID-19 Crisis and Recovery

Categories: Investment, PCDC News, Press Release
Primary Care Development Corporation (PCDC) announced it has received a $1,137,500 award from the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund). The award was made through the Fiscal Year 2020 round of the Community Development Financial Institutions Program (CDFI Program) and the Native American CDFI Assistance Program (NACA Program), in …

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PCDC and CHCANYS Launch COVID-19 Community Health Care Resiliency Fund to Support New York State Health Centers

Categories: Investment, PCDC News, Press Release, Technical Assistance
$10 Million Fund Will Provide Financing and Technical Assistance to Support Restoration and Enhancement of Community Health Services Primary Care Development Corporation (PCDC) and Community Health Care Association of New York State (CHCANYS) have announced the COVID-19 Community Health Care Resiliency Fund to help community health centers restore, sustain, and enhance operations. The $10 million …

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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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