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Ochsner Baptist Medical Center (2007), New Orleans, LA

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COMMUNITY IMPACT

  • 1,073 permanent jobs created or retained
  • 151,805 individual patients served
Prior to Hurricane Katrina, Ochsner Baptist Medical Center (formerly Memorial Medical) treated more uninsured patients than any other private hospital in the region. NNMF’s NMTC financing (two other allocatees invested) was structured as operational capacity to expand and re-open more than one million square feet of medical services space including: 100-bed surgical hospital, a senior living facility for 250 residents, outpatient imaging center, a radiation center and medical offices. The project is bringing much-needed health services and jobs back to New Orleans. (NNMF NMTCs: $3.75 million

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The New Markets Tax Credit Coalition
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