Family Health Center on Virginia

New Markets Tax Credit Coalition

McKinney,
TX
(2021)

Family Health Center on Virginia

Community, FQHCs

Construction of a new 25,000 sq. ft. medical building to be leased to a FQHC in McKinney, TX.

Investment

NMTC Amount: $10,500,000
Total Project Cost: $11,611,680

IMPACT

53 FTE jobs
34 construction jobs
10,000 patients served
Project includes a Federally Qualified Health Center.
25,000 sq. ft. of real estate

CDEs

PNC, Texas Mezzanine Fund

Investor

Independent Bank Group

Project Description

Construction of a new 25,000 sq. ft. medical building to be leased to a FQHC in McKinney, TX. In addition to health services, the Center supports patients by linking them to partners that provide critical basic resources, including social services, transportation and healthy foods. The Center is expecting to serve approximately 10,000 unduplicated patients/year, regardless of their ability to pay and employ at least 51 people from the local community.

MAP

Address: 1620 West Virginia Street, McKinney, TX 75069

Census Tract: 48085030702

Other Texas Projects

Frontier Fuel

Dalhart,
TX
(2010)

Retail, Retail and Commercial, Rural

CDE(s): Pacesetter CDE

Financing for a retail store that is perfectly situated to capitalize on both local and travelling traffic.

Communities in Schools of Central Texas

Austin,
TX
(2023)

Schools

CDE(s): Capital One, PeopleFund NMTC, Petros Community Impact Fund

Construction of a 30,550 sq. ft. Central Office and Training Center for Communities in Schools, Central Texas (CIS-CT) on a 3.4-acre already purchased property in central southeast Austin. The location

Family Health Center on Virginia

McKinney,
TX
(2021)

Community, FQHCs

CDE(s): PNC, Texas Mezzanine Fund

Construction of a new 25,000 sq. ft. medical building to be leased to a FQHC in McKinney, TX.

Childsafe

San Antonio,
TX
(2017)

Behavioral Health, Community, Daycare and Early Childhood, Healthcare, Youth and Families

CDE(s): MBS Urban Initiatives, PeopleFund NMTC, Texas Mezzanine Fund

The construction of new facility for ChildSafe, a children's advocacy center that provides care for child survivors of physical, emotional and sexual abuse and to their non-offending family members.