Family Health Center on Virginia

New Markets Tax Credit Coalition

McKinney,
TX
(2021)

Family Health Center on Virginia

Community, FQHCs

Construction of a new 25,000 sq. ft. medical building to be leased to a FQHC in McKinney, TX.

Investment

NMTC Amount: $10,500,000
Total Project Cost: $11,611,680

IMPACT

53 FTE jobs
34 construction jobs
10,000 patients served
Project includes a Federally Qualified Health Center.
25,000 sq. ft. of real estate

CDEs

PNC, Texas Mezzanine Fund

Investor

Independent Bank Group

Project Description

Construction of a new 25,000 sq. ft. medical building to be leased to a FQHC in McKinney, TX. In addition to health services, the Center supports patients by linking them to partners that provide critical basic resources, including social services, transportation and healthy foods. The Center is expecting to serve approximately 10,000 unduplicated patients/year, regardless of their ability to pay and employ at least 51 people from the local community.

MAP

Address: 1620 West Virginia Street, McKinney, TX 75069

Census Tract: 48085030702

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