Monroe, LA (2014)

Primary Health Services Center, Monroe LA

Investment

  • NMTC Amount: $13,715,000
  • Total Project Cost: $13,715,000

IMPACT

  • 100 FTE jobs
  • 100 construction jobs
  • 20,000 sq. ft. of real estate

Investor

Project Description

Primary Care Development Corporation (PCDC) and Capital One have invested $14.0 million in New Markets Tax Credit allocation (NMTCs) into Louisiana-based Primary Health Services Center (PHSC) to expand its integrated primary care services to meet the needs of nearly 20,000 patients in Northeast Louisiana. “This is a dream come true,” said Catherine Tonore, CEO of PHSC. “PCDC and Capital One have made a major investment in our community that will enable PHSC to expand its facilities to help meet the healthcare needs of our patients. This partnership allows us to complete the expansion of our health center and invest more money in our services to our population.” As a 501(c)(3) nonprofit organization and certified Patient Centered Medical Home incorporated in 1997, PHSC operates four adjacent facilities totaling 61,000 sq. ft. on Desiard Street and Betin Avenue and two mobile vans in the City of Monroe, Louisiana. PHSC is the only Federally Qualified Health Center and certified Affordable Care Act Enrollment Center located in Ouachita Parish and is the only provider of services to homeless and public housing populations in northeastern Louisiana.

MAP

Address: 2915 Betin Avenue, Monroe, LA 71201

Census Tract: 22073010800

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