Search

Washington, DC (2011)

Mary Center

NMTC financing helped Mary's Center expand its coverage and partner with local hospitals in programming.

Investment

  • NMTC Amount: $19,600,000
  • Total Project Cost: $19,600,000

IMPACT

  • 40 FTE jobs
  • 575 construction jobs
  • 1,600 patients served
  • Project includes a Federally Qualified Health Center.

CDEs

Investor

Project Description

Mary’s Center for Maternal and Child Care addresses healthcare as a holistic process, involving not just medical needs, but also the needs of patient education and social services. Through a New Markets Tax Credit deal, BlueHub Capital, formerly known as Boston Community Capital, helped Mary’s Center expand its coverage and partner with local hospitals in programming. The organization’ COO, David Tatro, says, ‘97% of the patients who come to Mary’s Center would not receive the kind of care that they receive if we didn’t have good financial institutions willing to invest in us.” BlueHub Capital, Tatro concludes, “has made a huge difference.’

MAP

Address: 3912 Georgia Avenue Northwest, Washington, DC 20011

Census Tract: 11001002502

PDF Profile

Related Projects

Greenville, (2020)