Primary Care Development Corporation Financing and Technical Assistance

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Primary Care Development Corporation (PCDC) is a Community Development Financial Institution (CDFI) that provides loan products, training, resources, and technical assistance/business development services for healthcare providers in under-resourced communities with the goal of transforming and expanding primary care. Rural providers are encouraged to apply.

PCDC has invested in:

• Service expansion, such as construction of new sites, renovation of existing sites, business acquisition, and site acquisition
• Capacity expansion to integrate new or existing medical, dental, and/or behavioral health services and provide for care coordination
• Specialized service expansion in the areas of women's health, HIV/AIDS treatment and prevention, physical/occupational therapy, expanded medical specialties within the primary care setting, and in-house pharmacies
• Community needs expansion, including construction of demonstration kitchens, gyms, walking tracks, classrooms, learning centers, and community meeting rooms
• Other care delivery enhancements, such as electronic health records installation, high-end equipment acquisition, and the establishment of alternative delivery methods, like mobile service delivery and telehealth

Types of financing include:

• Pre-development financing to support site acquisition, project planning, and development
• Bridge financing to complete projects that have received foundation grants and/or fundraising campaign pledges
• Construction financing
• Short-term loans
• Permanent financing, including recapitalization and term financing
• New Markets Tax Credits
• Provider recruitment and retention loans
• Transformation loans to support new service delivery and/or payment models

In addition to loans, PCDC also offers:

• Technical assistance
• Customized training
• Learning portal (with scheduled and on-demand courses)
• Webinars and learning events
• Resource library

Recipients of PCDC services include:

• Federally Qualified Health Centers (FQHCs) and other community health centers
• Behavioral health institutions including mental health centers and substance use treatment facilities
• AIDS Service Organizations (ASOs)
• Program of All-Inclusive Care for the Elderly (PACE) programs
• Safety net hospitals including ambulatory care and outpatient centers

Loan amounts and terms vary by product and borrower.

Complete the appropriate online inquiry form:

• Loan inquiry
• Technical assistance and training inquiry
• Learning Portal