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 123 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 2008-2009, Capital Link actively provided assistance in 50 states to 336 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 $416 million for 123 individual health centers and Primary Care Associations (PCAs) through 188 separate transactions for capital projects totaling nearly $559 million (as of October 2009) including:
  
  
  
  • Grants - $42.5 million for 60 health centers in Alaska, California, Florida, Maryland, Massachusetts, Minnesota, New Hampshire, New York, North Carolina, Puerto Rico, South Carolina, Texas, Arkansas, Mississippi and the District of Columbia.
    
  • Bank or other Loans - (including conventional lenders, USDA, CDFIs and HUD) - $147 million for 62 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, New Hampshire, Wisconsin, Vermont and West Virginia.
    
  • Forgivable Loans and Soft Debt - $71 million for 17 health centers in Massachusetts, Minnesota, Wisconsin, Vermont, California and Louisiana.
    
  • Tax-Exempt Bond Financings - $155.6 million for 26 health centers and primary care associations in Illinois, Massachusetts, Missouri, New Jersey, Rhode Island, California 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.
  
  
  • 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.