Mercy Care Decatur

New Markets Tax Credit Coalition

Atlanta,
GA
(2021)

Mercy Care Decatur

Behavioral Health, Community, FQHCs

$23 million in NMTC financing supported renovation and expansion of Mercy Care’s Decatur Street Clinic with best practices in clinic design

Investment

NMTC Amount: $23,000,000
Total Project Cost: $26,000,000

IMPACT

68 FTE jobs
130 construction jobs
36,000 sq. ft. of real estate

CDEs

Corporation for Supportive Housing, Truist

Investor

Truist

Project Description

Mercy Care is one of the largest Federally Qualified Health Centers in Atlanta and only health center in the city designated by the U.S. Health and Human Services as a Health Care for the Homeless provider. $23 million in NMTC financing supported renovation and expansion of Mercy Care’s Decatur Street Clinic with best practices in clinic design.

The Decatur Street Clinic project will broaden Mercy Care’s reach and grow their client base by 50%, helping the health provider respond to an increased demand for behavioral health services in Atlanta.

MAP

Address: 424 Decatur Street Southeast, Atlanta, GA 30312

Census Tract: 13121011900

Other Georgia Projects

Access to Capital for Entrepreneurs Loan Fund

Savannah,
GA
(2018)

Grocery and Fresh Food, Loan Fund, Retail, Retail and Commercial

CDE(s): Carver State Bank

Access to Capital for Entrepreneurs and Carver State Bank have formed a partnership that may eventually serve as an example to other CDFIs that seek to broaden their geographic footprint.

Boys & Girls Club of Augusta

Augusta,
GA
(2019)

Boys and Girls Clubs, Community, Daycare and Early Childhood, Recreation, Youth and Families

CDE(s): Carver State Bank, Dudley Ventures

The renovation and expansion of the Boys and Girls Club Hagler Facility and the construction, equipment and furniture purchase, and operation of the new South Augusta Facility in Augusta, Georgia.

200 Peachtree City Center

Atlanta,
GA
(2010)

Business Development, Incubator, Mixed-use, Restaurants and Catering, Retail and Commercial

CDE(s): Atlanta Emerging Markets

The conversion of a historic Macy's building into a special event center; Includes restaurants, banquet hall, meeting rooms, business incubator.

Mercy Care Decatur

Atlanta,
GA
(2021)

Behavioral Health, Community, FQHCs

CDE(s): Corporation for Supportive Housing, Truist

$23 million in NMTC financing supported renovation and expansion of Mercy Care’s Decatur Street Clinic with best practices in clinic design