Central Louisiana Surgical Hospital

Alexandria,
LA
(2011)

Central Louisiana Surgical Hospital

Hospitals and Emergency Services

Investment

NMTC Amount: $18,000,000
Total Project Cost: $18,037,832

IMPACT

89 FTE jobs

CDEs

National New Markets Fund

Project Description

CLSH is a short-term stay hospital recently expanded and opened in May of 2010, providing quality and effective patient services to both the insured and uninsured. Roughly 47% of CLSH payments are derived from Medicare and Medicaid. Approximately 50% come from Blue Cross and other commercial providers. Nearly 1 in 5 of CLSH’s patients are impoverished Medicaid recipients. The new facility faces a number of operational challenges and is located in a rural census tract that is medically underserved with a poverty rate of 50.6%. CLSH is responsible for significant job creation; NMTC financing preserved 157 jobs, including over 100 physicians.

MAP

Address: 651 North Bolton Avenue, Alexandria, LA 71301

Census Tract: 22079011000

Other Louisiana Projects

St Bernard Parish Hospital

Chalmette,
LA
(2012)

Community, FQHCs, Healthcare

CDE(s): St. Bernard Parish Redevelopment

n September 2012, St. Bernard Parish Hospital opened to provide quality and cost-effective healthcare services for the residents of St. Bernard Parish.

Wheatley School Facility Foundation, Inc.

New Orleans,
LA
(2013)

Affordable Housing, Community, Healthcare, Housing, Schools, Theaters and Performing Arts Spaces, Youth and Families

CDE(s): GS New Markets Fund, MBS Urban Initiatives

The Phillis Wheatley pre-K-8 School project brought a state-of-the-art facility to the impoverished Iberville-Tremé neighborhood of New Orleans.

New Orleans Culinary and Hospitality Institute (NOCHI)

New Orleans,
LA
(2017)

Adult Education, College or Vocational Training, Community, Culinary Entrepreneurship, Vocational Training

CDE(s): Enhanced Capital, United Fund Advisors

The transformation of a failed arts center in New Orleans’ Warehouse District into a world-class culinary institute.

Louisiana Forestlands

Port Barre,
LA
(2008)

Katrina, Manufacturing, Rural, Timber and Agriculture

CDE(s): Rural Development Partners

The Forestland Group utilized NMTCs to complete the purchase of 82,000 acres of hardwood forests in Louisiana, in addition to a hardwood sawmill and processing plant near LeMoyen, LA; 200