New Markets Tax Credit Coalition

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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

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