Urban Health Plan

Bronx,
NY
(2017)

Urban Health Plan

Behavioral Health, Community, FQHCs, Healthcare

UHP used NMTC financing to build a new 54,000-sq. ft. facility adjacent to their currently overcrowded site in the Morrisania neighborhood of the Bronx.

Investment

NMTC Amount: $6,000,000
Total Project Cost: $6,683,187

IMPACT

30 FTE jobs
50 construction jobs
18,000 patients served
Project includes a Federally Qualified Health Center.
54,000 sq. ft. of real estate

CDEs

Nonprofit Finance Fund

Investor

Wells Fargo

Project Description

Urban Health Plan (UHP) is a network of Federally Qualified Health Centers (FQHCs) that has provided medical care for more than 30 years to residents of the South Bronx. UHP used NMTC financing to build a new 54,000 sq. ft. facility adjacent to their currently overcrowded site in the Morrisania neighborhood of the Bronx. Upon completion of the new building, UHP provides more than 400,000 patient visits annually, a 50% increase in their capacity.

Low Income Investment Fund, Goldman Sachs Urban Investment Group, Enterprise Community Partners, Seedco Financial Services, and Nonprofit Finance Fund provided debt to the project.

MAP

Address: 866 East Tremont, Bronx, NY 10464

Census Tract: 36005036502

Other New York Projects

Harlem Gallery of Science

Harlem,
NY
(2018)

Arts, Community, Daycare and Early Childhood, Museums, Youth and Families

CDE(s): Citibank

Science and Arts Engagement New York is a nonprofit organization committed to increasing the representation of young men and women of color age 15 to 25 in the science, tech,

Pitkin Avenue Theatre Redevelopment

Brooklyn,
NY
(2010)

Mixed-use, Retail, Schools

CDE(s): Carver National Bank, Nonprofit Finance Fund, Rose Urban Green Fund, TruFund

The redevelopment of the Pitkin Avenue Theatre in Brownsville Brooklyn into a mixed-use project.

Bogopa/Food Bazaar

Bronx,
NY
(2020)

Grocery and Fresh Food

CDE(s): NYC Neighborhood Capital Corporation, Popular Community Capital

The project is the $15.5 million fit out of an 80,000 sq. ft. supermarket in the Bronx Terminal Market at 610 Exterior Street, Lower Concourse, Bronx.

Achievement Academy

Albany,
NY
(2006)

Community, Schools

CDE(s): Local Initiatives Support Corporation

The ground-up construction of a 32,000 sq. ft. school building on approximately two acres of land to house Achievement Academy, a charter school serving Albany, NY.