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Joseph P. Addabbo Family Health Center

Joseph P. Addabbo Family Health Center

Type

Healthcare

Location

Arverne, NY

Est. Project Cost

$23.4 million

Size

21,865 SF

Public Financing

New Markets Tax Credit, City, State

Sponsor

Joseph P. Addabbo Family Health Center, Inc.

Private Financing

Debt

Closing Date

2018

Federally Qualified Health Center Expansion

The Joseph P. Addabbo Family Health Center underwent a $23.4 million renovation and expansion of its Arverne location in Queens. The 21,865 square foot LEED Silver Certified facility now includes expanded primary care, nutrition counseling, and a farmers market to address food insecurity. Monge Capital structured bank and NMTC financing with city and state support to enhance community wellness.

Estimated Economic and Social Impact

Increase of new patient encounters per year by over 24,600 while creating over 30 jobs.

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