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Urban Health Plan – Plaza del Sol

Urban Health Plan – Plaza del Sol

Type

Healthcare

Location

Corona, NY

Est. Project Cost

$14.1 million

Size

35,091 SF

Public Financing

New Market Tax Credit

Sponsor

Urban Health Plan

Private Financing

Debt

Closing Date

Not Closed

Federally Qualified Health Center (FQHC) Expansion

Plaza Del Sol is a Federally Qualified Health Center located in Corona, NY that underwent a $14.1 million expansion and renovation. The project added 8,900 square feet and expanded medical capacity by approximately 20,000 annual patient visits. Monge Capital structured NMTC financing to support greater access to healthcare in a growing and underserved immigrant community.

Estimated Economic and Social Impact

Increase in the total number of patient visits by 20,000 annually. Creation of 18 permanent jobs and 30 construction jobs.

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