New Markets Tax Credit Coalition

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Blue Ridge Medical Center

The construction of a $7.2M medical center and dental clinic which provide comprehensive medical and dental care, as well as rural health outreach programs, to medically underserved communities in rural Virginia.

Investment

  • NMTC Amount: $8,191,650
  • Total Project Cost: $8,218,265

IMPACT

  • 5 FTE jobs
  • 40 construction jobs
  • 9,074 patients served
  • Project includes a Federally Qualified Health Center.

Investor

Project Description

In 2011, the use of NMTCs combined with a Health Resources and Services Administration (HRSA) grant enabled the construction of a $7.2 million medical center and dental clinic which provide comprehensive medical and dental care, as well as rural health outreach programs, to medically underserved communities in rural Virginia.

MAP

Address: 4038 Thomas Nelson Highway, Arrington, VA 22922

Census Tract: 51125950300

Other Virginia Projects

The acquisition and installation of equipment at a biofuels processing facility in rural Lawrenceville, Virginia, a community of approximately 1,400 people.
A specialized equipment manufacturer grew its footprint and added jobs in Lynchburg, VA
Construction loan for mixed-use development with grocery store, pharmacy, credit union, community space.

With construction starting in 2006 and completed in 2007, the Old Dominion Tri-Cities Center moved to its current location at 1070 University Boulevard in Portsmouth along with the Virginia Modeling