Project Highlights

Capital Link has assisted many Community Health Centers and Primary Care Associations (PCAs) in planning and obtaining financing for building and equipment projects. Since our inception, we have provided direct assistance for obtaining financing for 126 health centers and PCAs. Below are a few highlights of the assistance we have provided over the years. Click on a category below for specific examples or for a complete listing of successfully completed projects, please contact us.

  • During 2009, Capital Link actively provided assistance in 52 states and U.S. territories to 344 Community Health Centers and other community based providers as well as 41 Primary Care Associations. In particular, 2009 was an exceptional year for providing extensive support to over 80 Capital Improvement Program (CIP) and Facility Investment Program (FIP) applicants.

  • To date, staff has closed transactions totaling over $452 million for 124 individual health centers and Primary Care Associations (PCAs) through 190 separate transactions for capital projects totaling nearly $593 million (as of February 2010) including:

    • Grants - $48.2 million for 61 health centers in Alaska, Arkansas, California, District of Columbia, Florida, Maryland, Massachusetts, Minnesota, Mississippi, New Hampshire, New York, North Carolina, Puerto Rico, South Carolina, and Texas.

    • Bank or other Loans - (including conventional lenders, USDA, CDFIs and HUD) - $179.5 million for 64 health centers and PCAs in Arizona, California, Connecticut, Florida, Georgia, Louisiana, Maryland, Massachusetts, Missouri, New Hampshire, New York, North Carolina, Oregon, Rhode Island, South Carolina, Tennessee, Texas, Vermont, Virginia, Washington, West Virginia, and Wisconsin.

    • Forgivable Loans and Soft Debt - $81 million for 18 health centers in California, Louisiana, Massachusetts, Minnesota, Vermont, and Wisconsin.

    • Tax-Exempt Bond Financings - $181.5 million for 29 health centers and primary care associations in California, District of Columbia, Illinois, Massachusetts, Missouri, New Jersey, Rhode Island, and Washington.

    • Equipment Financing Loans - $3.1 million in equipment financing loans for 5 health centers in Arizona, Massachusetts, Rhode Island, and Texas.

    • Lines of Credit - $3.5 million in lines of credit for 7 health centers in Connecticut, Illinois, Massachusetts, and New Hampshire.

These transactions were successfully completed with the assistance of Capital Link or Capital Link's constituent founding organizations:

Community Health Center Capital Fund, Massachusetts League of Community Health Centers, Illinois Primary Health Care Association, North Carolina Community Health Center Association (formerly North Carolina Primary Health Care Association) and Texas Association of Community Health Centers.