Monticello, NY (2010)

Hudson River Healthcare Monticello

Investment

  • NMTC Amount: $2,850,000
  • Total Project Cost: $3,773,774

IMPACT

  • 11 FTE jobs
  • 19 construction jobs
  • Project includes a Federally Qualified Health Center.
  • 10,000 sq. ft. of real estate

Investor

Project Description

With $2.85 million in financing from the Primary Care Development Corporation (PCDC), Hudson River HealthCare (HRHC) has acquired prime downtown Monticello property to expand primary care and dental services to low-income patients in Monticello and surrounding communities. A federal grant for $200,000 secured by Rep. Maurice Hinchey (D-NY) will help purchase needed equipment for the new center. Drawing more than 10,000 patient visits per year and employing 32 full-time health workers, the health center is now a major anchor helping to revitalize struggling Downtown Monticello.

HRHC began leasing the 10,000 sq. ft. property at 23 Lakewood Ave. in 2007 and provides primary care to a diverse community in great need; more than one-third of the population is below the poverty line and rates of diabetes, asthma, and heart disease are well above the statewide average. The financing enabled HRHC to purchase and renovate 23 Lakewood Ave., which provides expanded primary care services like preventive care for families, chronic care management for diabetes and hypertension, HIV services, prenatal services, and podiatry; and add capacity at neighboring 19 Lakewood Ave. (3,100 sq. ft), which will provide essential dental services.

MAP

23 Lakewood Avenue, Monticello, NY 12701

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