Error loading player: No playable sources found

CTuH2

Reducing Capital Project Financing Costs: The HRSA Loan Guarantee Program and New Markets Tax Credits - NCA FEATURED

Date
August 20, 2019

HRSA’s Health Center Facility Loan Guarantee Program (LGP) has a new lease on life, based on a new appropriation in 2018 which provides sufficient subsidy for HRSA to guarantee up to $900 million in new loans to health centers. The LGP is being expanded and updated to make the guarantee more attractive to the capital markets and more user-friendly for health centers. It offers Health Center Program awardees a guarantee of up to 80 percent of the financing needed to support construction, renovation, and modernization of medical facilities. Another critical source of low-cost capital and equity for health centers is the New Markets Tax Credit (NMTC) program, allowing many health centers to secure approximately 20-22 percent of their total facility project costs as equity. This session will describe the benefits to health centers of the LGP and NMTC, as well as eligibility requirements and resources available on both programs.

Speaker

Speaker Image for Allison Coleman
Chief Executive Officer, Capital Link

Related Products

Thumbnail for Maximizing Fundraising Potential with Health Center-Based Foundations
Maximizing Fundraising Potential with Health Center-Based Foundations
Join us if you are interested in establishing a foundation to fundraise for your health center…
Thumbnail for The Ending of the Public Health Emergency
The Ending of the Public Health Emergency
This session will address the current trends of healthcare finance post-COVID and the issues that CHCs may face in the future…
Thumbnail for Investing in Rural America: A Funders’ Panel on Bringing Resources to Rural Communities
Investing in Rural America: A Funders’ Panel on Bringing Resources to Rural Communities
Rural America, including health centers, face uphill battles in bringing public, private, and foundation funding support to their communities…

Privacy Policy Update: We value your privacy and want you to understand how your information is being used. To make sure you have current and accurate information about this sites privacy practices please visit the privacy center by clicking here.