Project Highlight: Grace Health
Year Developed: 2022
Resource Type: Publication.Primary Audience: Administrative Staff Enabling Staff
Language(s): English
Developed by: Capital Link (See other resources developed by this organization).
Resource Summary: This case study describes the unique capital financing structure utilized by Grace Community Health Center, dba Grace Health, in southeastern Kentucky for the development of a nearly two-acre community health center medical campus project. The project was financed using both New Market Tax Credits and a HRSA Loan Guarantee—adding complexity to the structure—but enabling the financing to proceed as planned.
Resource Details: This summary describes a capital project that will provide space to allow the center to greatly increase its capacity to provide critically needed integrated care services, including behavioral health and substance use disorder services, thereby improving the health of the community
Resource Topic: Finance
Resource Subtopic: Capital Development.
Keywords: Case Studies, Planning.This project is supported by the Health Resources and Services Administration (HRSA) of the U.S. Department of Health and Human Services (HHS) as part of an award totaling $6,625,000 with 0 percentage financed with non-governmental sources. The contents are those of the author(s) and do not necessarily represent the official views of, nor an endorsement, by HRSA, HHS, or the U.S. Government. For more information, please visit HRSA.gov.