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Community Healthcare Network – Bronx

Community Healthcare Network – Bronx

Type

Healthcare

Location

Bronx, NY

Est. Project Cost

$10 million

Size

9,000 SF

Public Financing

New Market Tax Credit

Sponsor

Community Healthcare Network

Private Financing

Equity

Federal Qualified Health Center

This $10 million project relocated and expanded a Federally Qualified Health Center in the South Bronx. The new 9,000 square foot facility supports an additional 4,000 medical and 2,600 dental visits per year. Monge Capital secured NMTC financing to maintain vital services for vulnerable populations displaced by redevelopment.

Estimated Economic and Social Impact

Healthcare services for low income community residents, Supporting 27 permanent jobs and 75 construction jobs.

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