New Markets Tax Credit Coalition

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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

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