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

| By Patrick Kwan
Categories: Investment, PCDC News, Press Release
| Tags: ,
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,” …

Read More

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

| By
Categories: Investment, PCDC News, Press Release
| Tags: , ,
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 …

Read More

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

| By Patrick Kwan
Categories: Investment, PCDC News, Press Release, Technical Assistance
| Tags: , , ,
$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 …

Read More

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

| By PCDC Admin
Categories: Investment, PCDC News
| Tags: ,
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 …

Read More

PCDC Awarded Contract for HRSA Health Center Facility Loan Guarantee Program

| By PCDC Admin
Categories: Investment, PCDC News, Press Release
| Tags: ,
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 …

Read More