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Philadelphia, PA (2014)

Stephen Klein Wellness Center

Financing to help Project H.O.M.E. relocate its clinic.

Investment

  • NMTC Amount: $14,560,000
  • Total Project Cost: $15,326,316

IMPACT

  • 46 FTE jobs
  • 74 construction jobs
  • 34,252 patients served
  • Project includes a Federally Qualified Health Center.
  • 30,000 sq. ft. of real estate

Investor

Project Description

Project H. O. M. E. sought to relocate its clinic operating in the St. Elizabeth Community Center for the past 18 years. The result is the Stephen Klein Wellness Center, a 30,000 sq. ft. LEED Silver facility that allows Project H. O. M. E. to offer new services and expand its existing primary care, behavioral health, and health education services. The facility is located on Cecil B. Moore Avenue, a once vibrant commercial corridor. The area now experiences an estimated vacancy rate of 50%, and the residents neighboring Cecil B. Moore Avenue have an unemployment rate of twice the City’s rate with 43.3% of adults and children living in poverty. This neighborhood is isolated from basic services and is highly dependent upon public transportation for work and access to other goods and services. Vacant land, unproductive real estate, and unpaid taxes are the primary obstacles facing this corridor..

MAP

Address: 2108 Cecil B Moore Avenue, Philadelphia, PA 19121

Census Tract: 42101014800

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