New Markets Tax Credit Coalition

Community Care Center

The Local Initiatives Support Corporation, in partnership with Chase, provided $14.25 million in NMTCs to Southeast Georgia Health System’s Community Care Center.

Investment

  • NMTC Amount: $13,823,750
  • Total Project Cost: $21,057,664

IMPACT

  • 48 FTE jobs
  • 360 construction jobs

Investor

Project Description

The Local Initiatives Support Corporation (LISC), in partnership with Chase, provided $14.25 million in NMTCs to Southeast Georgia Health System’s Community Care Center. The property, located in Brunswick, Ga., will be developed in two phases and will include a rehabilitated building and new construction. The former Brunswick Medical Plaza will be the site for the new center, and a four-story building will be constructed to hold medical offices. The development, part of the Altama Commercial Corridor revitalization plan, created 50 new permanent jobs and 350 construction jobs. The center provided services to an estimated 15,600 people annually, with many services focused on the needs of low-income residents. Nineteen percent of the population in the area lives in poverty. LISC combines corporate, government and philanthropic resources to help nonprofit community development corporations revitalize distressed neighborhoods.

MAP

Address: 3025 Shrine Road, Brunswick, GA 31520

Census Tract: 13127000501

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