Accessing Capital from Community Development Financial Institutions
Accessing Capital from Community Development Financial Institutions Date: Tuesday, June 21, 2016 Time: 2:00 – 3:00 p.m. Presenter: Terry Glasscock, Senior Project Consultant, Capital Link
In order to meet the recent health center goal of serving 32 million patients by 2020, major investments in FQHC facilities are necessary. Capital Link’s most recent national capital needs assessment has revealed that health centers would need to invest a total of $8.5 billion in capital development to have the capacity to serve an additional 10 billion patients. Only 25% of funding for planned projects has been secured, leaving a substantial funding gap. In addition to seeking to obtain grant and equity funding for capital projects, health centers will need to seek debt financing to meet their capital and operational growth goals in this rapidly changing healthcare marketplace. Community Development Financial Institutions (CDFIs) are a source of debt capital that will play an increasingly important role in financing community health center capital projects. While some CDFIs have actively served the health center market for years, many others are emerging sources of capital. To register for this webinar, click here.