Capital Impact provided a $5.8 million loan to La Clinica Tepeyac in Denver, CO as part of an $18 million New Markets Tax Credit transaction, which will finance the ground-up construction of a four-story mixed-use development. The ground floor will contain a health center and healthy food retailer, while the upper floors will provide 150 units of affordable housing. La Clinica Tepeyac, an FQHC, is one of a few culturally competent providers of health care to the uninsured and underinsured immigrant community in Denver. It is known as a safe space; a large portion of its clients are undocumented, and the majority primarily speak Spanish. The new space will help La Clinica expand its client base from 4,000 to 8,000 over seven years.
New Orleans, LA | 2nd District
New Orleans Center for Creative Arts is a regional, pre-professional arts training center that offers students intensive instruction in…