Uniontown Hospital

NMTC financing helped hospital secure purchase and install a new software system.

Investment

  • NMTC Amount: $8,000,000
  • Total Project Cost: $8,000,000

IMPACT

  • 750 FTE jobs
  • 30,492 patients served

CDEs

Investor

Project Description

Local hospital needed funding in order to purchase and install software system required by larger healthcare system that was acquiring the facility.

68.9% of people served are low-income persons and 91% of jobs retained are quality. The market served has a slightly declining population of approximately 135 thousand. It is also the second poorest county in the state of Pennsylvania. In addition, the Hospital represents the largest nongovernmental employer in the area making the borrower a vital part of the community both from a health and an economic perspective.

The Hospital became operationally and financially distressed in recent years as a result of a failed relationship with a local healthcare network along with the realities of operating an independent, rural hospital in the current healthcare industry. The borrower is developing a new relationship with a large healthcare network that is planned to stabilize and enhance the availability of healthcare services in the community and to promote system for services not otherwise available locally.

MAP

Address: 500 West Berkley Street, Uniontown, PA 15401

Other Pennsylvania Projects

In 2014, Community First Fund allocated NMTCs for a 35,000 sq. ft. expansion, allowing enrollment to grow from grades K-3 to K-8 and the creation of more than 80 jobs.

Share Food Program is a leading force in the fight against hunger across the Greater Philadelphia region, and one of the most impactful hunger relief organizations in the country. Nearly

Financing for the construction of a new three-story building totaling approximately 19,000 square feet.

This project involved the relocation of a arts organization onto a Main Street in the City of Pittsburgh in the Lawrenceville neighborhood.