Location

Bronx, NY

Est. Project Cost

$55.0 million

Public Financing

New Markets Tax Credit, City, HRSA

Private Financing

Bank Financing

Type

Healthcare

Size

54,000 SF

Sponsor

Urban Health Plan, Inc.

Closing Date

2011

Federally Qualified Health Center Expansion

LEED Certified Federal Qualified Health Center expansion in the South Bronx providing vital services to accommodate growing demands. Tax Credit enhanced financing provided organizational recapitalization and construction financing. Expansion services dental, primary care, optometry, podiatry, and nutritional counseling.

Estimated Economic and Social Impact

Over 100 jobs and 175 construction jobs and increase capacity to over 360,000 visits annually.