Nashville, TN (2019)

Faith Family Medical Center

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

Investor

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.

MAP

Address: 326 21st Ave North, Nashville, TN 37203

Census Tract: 47037014400

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