Imperial Valley PACE and Healthcare

NMTC investment finances the new construction of a medical clinic and senior care center to close healthcare gaps in Imperial County

Investment

  • NMTC Amount: $35,500,000
  • Total Project Cost: $45,000,000

IMPACT

  • 148 FTE jobs
  • 125 construction jobs

Investor

Project Description

In 2023, the NMTC supported the new construction of a 54,000 sq. ft. medical clinic and senior care center in Imperial, CA. The new Federally Qualified Health Center and PACE Senior Care Center (FQHC & PACE Center) allows the project’s sponsor, Innercare, to close healthcare gaps in Imperial County by providing primary care, women’s care, pediatrics, chronic disease management, dental, radiology, integrated behavioral health, pharmacy, and free transportation services.

The new medical facility serves a community where the County’s most recent Community Health Assessment found poorer health conditions compared to the California state averages, including: (1) More severe medical outcomes as a result of asthma, (2) Poorer maternal and child healthcare, (3) Adults with higher rates of diabetes, obesity, smoking patterns, inactive living, and lower fruit & vegetable intake than the general adult population in California.

Other data sources point to a gap in healthcare providers in Imperial. The Health Resources and Services Administration lists the new clinic’s census tract as both a Primary Care and Mental Health Professional Shortage Area. The new Innercare Imperial FQHC and PACE Center will help close these healthcare provider gaps and reduce the existing economic health inequities faced by community residents.

Moreover, this facility will service a wide geographic area, positively impacting multiple communities and reducing healthcare inequality throughout the entire region. The PACE center will allow an estimated 85% of elderly patients to remain in their own home, where should they own their home, financial appreciation can continue to build. In addition, it avoids/delays more expensive nursing home care, the cost of which would need to be borne by all residents of California and require a growing tax burden in an already high-tax state.

The project is estimated to create 69 new permanent FTE jobs in year one, growing to 148.4 at capacity.

MAP

Address: Neckel Road and Highway 86, Imperial, CA 92243

PDF Profile

Other California Projects

A new senior center to provide meals, shelter, and healthcare to low-income seniors.

The construction and purchase of equipment for the brand new Northgate Market in Fontana, a USDA food Desert. The introduction of a Northgate Gonzalez Supermarket will provide this severely distressed

NMTC financing supported the construction of 27 affordable homes for the Habitat for Humanity of the OC.
The acquisition and renovation of three floors of an 11-story building to create a modern 39,000 sq. ft. headquarters for LightHouse for the Blind and Visually Impaired.