Family Health Centers of San Diego

New Markets Tax Credit Coalition

El Cajon,
CA
(2017)

Family Health Centers of San Diego

Behavioral Health, Community, FQHCs, Healthcare

Financing to support Family Health Centers of San Diego’s construction of a new, comprehensive care center in the city of El Cajon.

Investment

NMTC Amount: $8,245,000
Total Project Cost: $9,726,916

IMPACT

59 FTE jobs
15 construction jobs
Project includes a Federally Qualified Health Center.
25,000 sq. ft. of real estate

CDEs

Primary Care Development Corporation

Investor

US Bank

Project Description

The Primary Care Development Corporation (PCDC) and U.S. Bancorp Community Development Corporation (USBCDC) closed on financing to support Family Health Centers of San Diego’s (FHCSD) construction of a new, comprehensive care center in the city of El Cajon. New Markets Tax Credits (NMTC) financing was critical to this $9.7 million project to acquire and substantially renovate a one-story, 25,000 sq. ft. health care facility located at 525 East Main Street. The newly constructed facility will use 30 exam rooms to provide integrated services, including family medicine and pediatrics, OB-GYN, HIV and STD care, dental services, behavioral health, and optometry. Family Health Centers of San Diego is the first to provide all of these services under one roof in El Cajon.

MAP

Address: 525 East Main Street, El Cajon, CA 92020

Census Tract: 6073015802

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