Greater New Bedford Community Health Center

Investment

  • NMTC Amount: $1,000,000
  • Total Project Cost: $1,188,000

IMPACT

  • 3 FTE jobs
  • 13 construction jobs
  • Project includes a Federally Qualified Health Center.

Investor

Project Description

Offices of physicians, dentists, and other health practitioners                                                              

MAP

Address: 840 Purchase Street, New Bedford, MA 2740

Census Tract: 25005651800

Other Massachusetts Projects

The first transaction of its kind in the country combined a Federal loan guaranty program for health centers and the NMTC became a prototype for other community health facilities nationwide.
The NMTC allocation financed Trinity’s rehabilitation of the historic Brockton Enterprise building, transforming the space into a 51,000-sq. ft. commercial building with retail space on the first floor.
The $12 million overhaul of a historic site that has called North Street home for over a hundred years for a YMCA.
NMTC financing supported the construction of The Greater Boston Food Bank