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Tucson, AZ (2021)

El Rio Grant and Dodge FQHC

Investment

  • NMTC Amount: $11,750,000
  • Total Project Cost: $13,176,156

IMPACT

  • 91 FTE jobs
  • 62 construction jobs
  • The renovation includes a proposed solar electric system. The new health center is projected to serve 13,914 patients annually and create 91 direct permanent jobs mainly consisting of low-income and minority groups.
  • 33,140 sq. ft. of real estate

Investor

Project Description

El Rio Health is a non-profit health organization providing comprehensive, quality healthcare for a predominately low-income, minority population. El Rio provides culturally competent care by recognizing socioeconomic impacts that create barriers to quality healthcare, physically traveling to those who cannot visit the clinic in person and conversing with patients in their preferred language. Since 1970, El Rio has become one of the largest, most highly regarded integrated health centers in the country. Clearinghouse CDFI provided $2.75 million of Federal New Markets Tax Credits (NMTCs) for development of an additional El Rio Central Health Care Center in Tucson, AZ. Clearinghouse partnered with Urban Research Park who provided $9 million in federal allocation. The NMTC investor was Wells Fargo Bank. The new El Rio Central Health Care Center is projected to serve 13,914 patients annually and create 91 direct permanent jobs mainly consisting of low-income and minority groups.

MAP

Address: 3655 East Grant Road, Tucson, AZ 85716

Census Tract: 4019001801

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