New Markets Tax Credit Coalition

Search

Family Health Center on Virginia

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

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

Other Texas Projects

NMTC financing for Mills Building Redevelopment, a mixed-use project.
The NMTC helps finance Austin Habitat’s new 126-unit affordable homeownership development and spur local investment in a highly distressed community.
NMTC financing supported the construction of the FIBERTOWN Colocation Data Center
A specialized equipment manufacturer grew its footprint and added jobs in Sulfur Springs, TX