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Farmington, NM (2014)

Farmington Community Health Center

NMTC financing for the PMS’ Farmington and Socorro FQHCs.

Investment

  • NMTC Amount: $10,690,000
  • Total Project Cost: $10,690,000

IMPACT

  • 24 FTE jobs
  • 53 construction jobs
  • Project includes a Federally Qualified Health Center.

Investor

Project Description

PMS’ Farmington and Socorro clinics are located in federally designated Medically Underserved Areas where residents struggle with a number of socioeconomic challenges and significant barriers to health care including language, transportation, and lack of providers. According to an analysis conducted by PMS in 2013, over 74 percent of low-income residents in the six zip codes within the Farmington target service area were not seeking care at an FQHC. The city of Farmington alone contained over half of this underserved population. It is probable that some of these individuals received care from non-PMS providers accepting Medicaid, but those without insurance were likely utilizing the emergency room or not seeking care at all. A similar analysis conducted in the Socorro service area estimated that almost 60 percent of low-income residents were not receiving care from an FQHC provider.

MAP

Address: 1001 West Broadway Street, Farmington, NM 87401

Census Tract: 35045000402

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