Financing the Future of Community Primary Care

CDCHC is a non-profit corporation which administers a revolving loan fund specifically and exclusively to finance the capital needs (buildings and equipment) of Federally Qualified Health Centers, Federally Qualified Health Center Look-Alikes, and similar community primary care facilities which meet basic structural requirements for FQHC’s. CDCHC financing is also available to collaborative efforts of two or more such health centers. Our service area is all of the state of Texas.

According to the policies adopted by our board of directors, “CDCHC exists to assist health centers by making capital financing available at favorable rates and on favorable terms. It is the policy of CDCHC to provide expedient and low-cost service to its clients, allowing more of their resources to go into the care of their clients.”

CDCHC was certified by the U.S. Department of Treasury as a Community Development Financial Institution in January of 2002. It is affiliated with the Texas Association of Community Health Centers, which provides technical assistance for developing, maintaining, and expanding community health centers.

Our revolving loan pool is funded by a number of sources, including charitable grants from foundations, matching governmental grants, borrowed funds for relending, and participation loans from other lenders. CDCHC is also qualified to make loans under the New Markets Tax Credits program, which can provide the borrower with a significant subsidy to interest payments.

We invite applications for financing for any scope and size of project from any community health center in Texas. Simply fill out the Preliminary Project Information form, and, if appropriate, also the formal Loan Application (both files are MS Word Documents.)

For more information, you may contact CDCHC, at (512) 329-5959.