Faith Family Medical Center

Nashville,
TN
(2019)

Faith Family Medical Center

Community, Healthcare, Hospitals and Emergency Services

With the help of Reinvestment Fund and SunTrust Community Capital, the nonprofit was able to leverage a successful capital campaign through a NMTC financing structure to finance a new medical center, doubling their capacity.

Investment

NMTC Amount: $8,500,000
Total Project Cost: $8,500,000

IMPACT

36 FTE jobs
42 construction jobs
4,000 patients served

CDEs

The Reinvestment Fund

Investor

Truist

Project Description

FFMC, is a nonprofit medical center providing health, wellness and medical services to the working uninsured and other underserved people in Middle Tennessee. They are currently operating out of an aging, undersized facility located in a community with 46.2% poverty. With the help of Reinvestment Fund and SunTrust Community Capital, they were able to leverage a successful capital campaign through a NMTC financing structure to finance a new medical center, doubling their capacity, in the Nashville Federal Promise Zone.