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 90 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.

• In 2004, Capital Link actively provided assistance to more than 106 Community Health Centers in 36 states and territories and 18 Primary Care Associations.

• To date, staff has closed transactions totaling over $215 million for 90 individual health centers and Primary Care Associations (PCAs) through 138 separate transactions for capital projects totaling nearly $324 million (as of February 2006) including:
  
  
  
  • Grants - $30.7 million for 38 health centers in Alaska, California, Florida, Maryland, Massachusetts, Minnesota, New Hampshire, New York, North Carolina, Puerto Rico, South Carolina and Texas
  
  
  • Bank or other Loans - (including conventional lenders, USDA, CDFIs and HUD) - $97.6 million for 46 health centers and PCAs in California, Connecticut, Florida, Georgia, Louisiana, Maryland, Massachusetts, Missouri, New York, North Carolina, Oregon, Rhode Island, South Carolina, Tennessee, Texas, Virginia, Washington and West Virginia
  
  
  • Forgivable Loans - $11.4 million in forgivable loans for 4 health centers in Massachusetts
  
  
  • Tax-Exempt Bond Financings - $68.9 million for 15 health centers and primary care associations in 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 - $3.3 million in lines of credit for 6 health centers in Connecticut, Illinois, Massachusetts and New Hampshire
  
  
  • Established award-winning tax-exempt bond financing program in Massachusetts in 1994.

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.