Capital Fund Awarded Financing to Provide Affordable Lending to Georgia Health Centers
Healthcare Georgia Foundation has awarded Capital Fund with a Program Related Investment (PRI) to provide affordable loans to Georgia Federally Qualified Health Centers (FQHCs) to support the expansion of primary and preventive care services for low-income, underserved populations in Georgia.
As a result of this award, Capital Fund will increase its capacity to offer low-cost, fixed rate, five- to seven-year term loans to Georgia FQHCs for facilities construction and equipment projects. These loans will enable FQHC borrowers to efficiently and cost effectively sustain and expand the range of services they provide, including medical, dental, behavioral health, substance use disorder, vision, enabling, and other services designed to promote community wellness.
Loan recipients will also have access to training and technical assistance services from Capital Fund’s affiliate Capital Link, many of which are offered free of charge.
Healthcare Georgia Foundation is a statewide, charitable organization whose mission is to enable, improve, and advance the health and well-being of all Georgians. For more information, visit healthcaregeorgia.org.