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Community Health Network LES & LIC

Community Health Network LES & LIC

Type

Healthcare

Location

LES: New York, NY, LIC: Long Island City, NY

Est. Project Cost

$10.2 million

Size

13,100 SF

Public Financing

New Market Tax Credit & City

Sponsor

Community Health Network

Private Financing

Self-Leverage Debt

Closing Date

Q4 2021

Federally Qualified Health Center

CHN, an FQHC, will relocate their displaced health center in the Lower Eastside to a new site in LES; CHN will also acquire and improve their Long Island City site to stabilize its presence in the community. CHN fought to maintain and effectively provide critical services to low-income persons in LES and LIC.

Estimated Economic and Social Impact

Creation and retention of 50 construction jobs, 98 permanent jobs, and healthcare services.

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