Loans: Health

Public Health Management Corporation (PHMC) is a nonprofit public health institute that builds healthier communities through partnerships with government, foundations, businesses, and community-based organizations. PHMC is one of the largest and most comprehensive public health organizations in the country, serving close to 350,000 clients annually with more than 350 programs in 70 locations.

PHMC’s Public Health Campus on Cedar is located on a site that formerly housed Philadelphia’s century-old Mercy Hospital. The site was converted in 2021 into a public health campus housing some of the region’s largest healthcare institutions: Hospital of the University of Pennsylvania, Children's Hospital of Philadelphia, and PHMC. The site remains an anchor of the community, supporting community health and providing jobs to residents. The campus is undergoing major renovations to improve systems and infrastructure, with total development costs around $90 million. Once completed, the campus will feature an upgraded hospital, inpatient pediatric behavioral health center, primary care medical and dental services, and several residential and non-residential social service programs. As part of a large financing project, NFF’s participation loan with lead lender PIDC will bridge a grant from the Commonwealth of Pennsylvania Office of the Budget that supports the acquisition and construction of regional economic, cultural, civic, recreational, and historical improvement projects.

Partner: PIDC

Kids First Health Care (KFHC) partners with schools and other community organizations to bring primary and preventive health services to youth ages 0-21. Most of the youth KFCH serves are enrolled in Medicaid or Child Health Plan Plus and nearly 20 percent are uninsured. After COVID-19 mandated school closures across the country, KFHC shut down its school-based sites. For the past year and a half, they have been seeing patients solely out of their headquarters – a small facility with just two exam rooms. As schools reopen and KFHC once again begins seeing patients while they're in school, they will use this loan from our Metro Denver Loan Fund to expand into a new location with six exam rooms – vastly expanding the amount of youth they'll be able to serve. In partnership with a dental clinic at the same site, they hope to evolve this building into a hub for all of their community's healthcare needs.

St. John's Episcopal Hospital offers emergency and ambulatory care to the densely populated, culturally and economically diverse, and medically underserved population of Far Rockaway, Queens and surrounding areas in New York. NFF and Capital Impact Partners each provided $5 million source loans for a $30 million project to construct a community clinic across the street from the hospital that will allow St. John's to expand the provision of primary care, mental health, and specialty care services on the Rockaway peninsula. This project will also free up much needed space at the hospital for critical inpatient services so that St. John's can continue to provide people of all faiths with comprehensive services - from preventive to rehabilitative - regardless of ability to pay.

Partners: Capital Impact Partners, CityScape Capital Group, New York City Regional Center, and Chase

Bartz-Altadonna Community Health Center provides patient-centered, high-quality, trauma-informed healthcare services to people in Antelope Valley, regardless of ability to pay and with intensive outreach to people experiencing homelessness. A $2.5-million facility loan from NFF will help Bartz-Altadonna Community Health Center purchase a new building for their expanded behavioral health services and administration offices. With more space available, the Center can offer even more support to people who are seeking mental health services – a critical offering particularly during the pandemic.

Odessa Brown Children's Clinic (OBCC), operated by Seattle Children's Hospital, is building out a newly constructed pediatric health clinic for families in Southeast Seattle to provide medical and dental care, as well as physical therapy, mental health, and nutrition counseling. The clinic also integrates other services, such as literacy training, legal advocacy, and parent support groups so that families can access everything they need to thrive in one place. NFF's $10 million in NMTC sub-allocation will support the new $53.4 million clinic. OBCC is co-located in a building with an early childhood care center and five floors of mixed-income housing (financed separately). The project is part of the Othello Square neighborhood redevelopment, which includes a charter school, workforce development, and affordable housing. OBCC will continue to be a trusted medical provider for local residents while offering even more to families in the community.

Partners: Urban Research Park CDE, LLC, Craft3, and Chase