Arcata, CA (2015)

Open Door Community Health Centers

The California Statewide CDC provided $8.5 million of NMTC allocation to Open Door Community Health Centers enabling Open Door to fund an expansion.

Investment

  • NMTC Amount: $8,245,000
  • Total Project Cost: $8,245,000

IMPACT

  • 128 FTE jobs
  • Project includes a Federally Qualified Health Center.

Investor

Project Description

The California Statewide Communities Development Corporation (CSCDC) has provided $8.5 million of NMTC allocation to Open Door Community Health Centers to finance the repayment of existing loans — freeing up debt capacity and enabling Open Door to fund expansion.

Open Door was founded in 1970 and currently operates nine health clinics spread throughout Humboldt and Del Norte counties in northern California. They have actively focused on providing quality healthcare and healthcare education in areas where people do not have access to care due to financial, geographical or social barriers. The demand for Open Door’s services has increased significantly in recent years, and communities have been earnestly requesting that they expand their presence. Currently they are the primary healthcare provider for approximately one of every four people in its service area. T

he proposed Arcata clinic will serve approximately 13,000 patients the first year and increase to 15,000 once at capacity and the Fortuna clinic is expected to service approximately 15,000 patients in year one and expand to 17,000. Approximately 60% of patients at both facilities are expected to be Low-Income Persons. Open Door currently employs more 499 members of the community. Future expansions, enhanced by the NMTC financing, will enable Open Door to retain 97 FTE jobs and add 31 new FTE jobs.

MAP

Address: 670 Nineth Street, Arcata, CA 95521

Census Tract: 6023001000

Other California Projects

Victorville, (2006)