PCHC Capitol Hill

New Markets Tax Credit Coalition

Providence,
RI
(2013)

PCHC Capitol Hill

Community, FQHCs, Healthcare, Retail

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

CDEs

Chase, Consortium America

Investor

Chase

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.