East Texas Physician’s Alliance

Construction and permanent financing for a 37,100 square foot medical clinic and office building

Investment

  • NMTC Amount: $7,500,000
  • Total Project Cost: $11,426,063

IMPACT

  • 32 FTE jobs
  • 56 construction jobs
  • 67,232 patients served
  • Project includes a Federally Qualified Health Center.
  • 37,100 sq. ft. of real estate

Investor

Project Description

Construction and permanent financing for a 37,100 sq. ft. medical clinic and office building. The clinic includes imaging services, a lab, physical therapy clinic, outpatient cardiac care assessment, and an extended urgent care center in a medically underserved area in Texas.

MAP

Address: 3201 South Loop 256, Palestine, TX 75801

Census Tract: 48001950700

Other Texas Projects

A specialized equipment manufacturer grew its footprint and added jobs in Sulfur Springs, TX
Austin Street is building a new 60,000 sq. ft. facility that includes 450 shelter beds, 30 medical respite beds, a commercial kitchen, and dedicated spaces for case management and other
RDP allocated $18MM in NMTCs to help Delco Trailers construct a new 550,000 sq. ft. trailer manufacturing facility.
A new 297,000 square foot office, production and warehouse distribution facility for manufacturer Serta Dormae within the Southfield Park 35 Industrial Park in southern Dallas, Texas.