PCHC Capitol Hill

Financing supported the rehabilitation of a 45,000 sq. ft. building into hospital, office, and clinical space.

Investment

  • NMTC Amount: $16,210,000
  • Total Project Cost: $27,928,076

IMPACT

  • 73 FTE jobs
  • 100 construction jobs
  • 100,000 patients served
  • Project includes a Federally Qualified Health Center.
  • 45,000 sq. ft. of real estate

Investor

Project Description

Financing supported the rehabilitation of a 45,000 sq. ft. building into hospital, office, and clinical space. The project also included construction of a single level 5,000 sq. ft. stand-alone retail building. These facilities support a federally qualified health center, Providence Community Health Center.

MAP

Address: 375 Allens Avenue, Providence, RI 2905

Census Tract: 44007000600

Other Rhode Island Projects

Providence Public Library used NMTC financing a $25 million renovation of its library in Providence.
Investment will support Southside Community Land Trust (“SCLT”) in renovating a 12,000-sf building for new Farm-to-Market Center in Providence, Rhode Island. Construction is a […]
Completed in 2010, the Mercantile Block in Providence, RI is the third of arts organization AS220’s development projects in Providence’s Downcity Arts District.
A new $15-million community health center projected to more than double the number of residents served in Rhode Island’s smallest and poorest city.