New Markets Tax Credit Coalition

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Lowell Community Health Center (Phase 1)

The acquisition and adaptive reuse of a historic mill complex to create a new 100,000 Federally-Qualified Health Center.

Investment

  • NMTC Amount: $25,340,000
  • Total Project Cost: $38,300,000

IMPACT

  • 100 FTE jobs
  • 200 construction jobs
  • 39,000 patients served
  • Project includes a Federally Qualified Health Center.
  • 100,000 sq. ft. of real estate

Investor

Project Description

This project involves the acquisition and adaptive reuse of a historic mill complex to create a new 100,000 sq. ft. home for Lowell Community Health Center, a Federally-Qualified Health Center serving more than 39,000 patients annually. The new state-of-the-art community health center allows the Health Center to consolidate its existing operations from multiple locations and create a one-stop center for health care in downtown Lowell. In addition, the project boosted Lowell’s economy by generating 100 new permanent jobs, as well as 200 construction jobs during the renovation phase of the project.

MAP

Address: 161 Jackson Street, Lowell, MA 1852

Census Tract: 25017310100

PDF Profile

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