San Antonio, TX (2016)

University of the Incarnate Word


NMTC financing for the new School of Osteopathic Medicine for University of the Incarnate Word.


  • NMTC Amount: $6,000,000
  • Total Project Cost: $46,580,275


  • 100 FTE jobs
  • 229 construction jobs


Project Description

In December, 2016, CGC and UIW closed on a $6M NMTC financing for the new School of Osteopathic Medicine, utilizing allocation provided by Enhanced Capital and NMTC equity provided by Wells Fargo. With its new School of Osteopathic Medicine, UIW is taking the first step towards its long-range goal to increase the number of osteopathic physicians by at least 145 per year to meet the regional population’s health care needs. The new medical school’s curriculum was based on the recommendations of the Carnegie Foundation’s Educating Physicians for the 21st Century report, which outlined four goals for medical education: standardization of learning outcomes and individualization of the learning process; integration of formal knowledge and clinical experience; development of habits of inquiry and innovation; and, focus on professional identity formation. UIW will enroll 150 students per class, and graduates of the four-year program will receive the “doctor of osteopathic medicine” (D.O.).


Address: 7615 Kennedy Hill, San Antonio, TX 78235

Census Tract: 48029192200

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