At Capital Fund, we are committed to helping community health centers access the financing they need to strengthen infrastructure, expand services, and improve access to care. Recently, Capital Fund partnered with Primary Care Development Corporation (PCDC) to refinance a line of credit that SCHC used during construction of its new headquarters in Syracuse, New York. Located at 930 South Salina Street, the 55,797-square-foot health center was completed in October 2023 and opened to patients in December 2023. The new headquarters significantly expands SCHC's capacity to serve the community. The facility includes 39 patient rooms, two treatment rooms, a dedicated Breast Care recovery room, and expanded administrative space. Patients can access a comprehensive range of services at the site, including OB/GYN, pediatrics, family medicine, internal medicine, dental care, podiatry, eye care, behavioral health, laboratory services, and nutrition counseling.
Founded in 1978, Syracuse Community Health Center has long been a vital healthcare resource for underserved residents of Onondaga County. In 2024, SCHC served nearly 27,000 patients through five locations and eight school-based health programs, providing more than 80,000 patient visits. As demand for services continues to grow, investments in modern, efficient facilities help ensure health centers can meet the evolving needs of their communities.
Projects like this demonstrate the important role financing can play in helping health centers advance their mission. By providing flexible lending solutions tailored to the unique needs of community health centers, Capital Fund helps organizations move critical projects forward—from facility development and expansion to equipment purchases, refinancing, and working capital needs.
Whether your organization is planning a major construction project or exploring options to strengthen its financial position, Capital Fund is here to help. Our team understands the health center environment and works closely with borrowers to identify financing solutions that support long-term success and community impact.
If your health center is exploring financing options to support facility expansion or other needs, reach out to Brandon Boyle at This email address is being protected from spambots. You need JavaScript enabled to view it. for more information about Capital Fund’s loan programs.
Community Health Center Capital Fund is pleased to announce the closing of a $549,619 loan to Redwood Coast Medical Services, Inc. (RCMS), a Federally Qualified Health Center located in Gualala, California. The loan closed on January 29, 2026.
The financing will support the purchase and installation of a solar microgrid and battery storage system – a forward-looking investment that reflects RCMS's commitment to both community health and environmental stewardship.
Founded in 1977 and designated as an FQHC in 1999, RCMS has long served as a vital resource along California's Mendocino Coast. The health center's Urgent Care Department holds a designation as an Interim Stabilization Facility, one of only a few in California authorized to receive ambulatory transports. RCMS also serves as a Rural Frontier Medical Service Study Area, highlighting the critical role it plays for patients with limited access to care elsewhere.
This solar project is expected to reduce RCMS's annual electricity costs by over $30,000, an estimated 40% savings, freeing up resources that can be reinvested into patient care. Beyond the financial benefits, the project will reduce the health center's carbon footprint and position RCMS as a model for clean energy adoption in its rural region. The new system will also provide energy independence, ensuring RCMS can remain operational during natural disasters, severe weather, or power grid failures.
Capital Fund is proud to support RCMS in this investment in their facility, their community, and their future.
Visit RCMS online at www.rcms-healthcare.org
Advancing Access to Care: Capital Fund Secures $85 Million NMTC Allocation
We are excited to share that Community Health Center Capital Fund has been awarded an $85 million New Markets Tax Credit (NMTC) allocation by the U.S. Department of the Treasury’s Community Development Financial Institutions (CDFI) Fund as part of the 2024–2025 NMTC award round.
This year’s awards were highly competitive. Nationwide, 142 Community Development Entities (CDEs) were selected, with a total of $10 billion in NMTC allocation authority awarded. We extend our congratulations to all CDEs receiving awards and recognize the collective commitment to strengthening investment in low-income and underserved communities.
Capital Fund’s $85 million allocation provides a powerful tool to support mission-aligned financing, particularly for projects in qualifying census tracts that expand and enhance access to high-quality health care. NMTC-backed financing helps bridge capital gaps by offering flexible, below-market financing—often structured to include a forgivable component—that supports facility development, modernization, and long-term sustainability for health centers.
The New Markets Tax Credit program continues to play a critical role in driving private investment into communities facing economic challenges. This award underscores Capital Fund’s ongoing dedication to advancing equitable access to care and supporting the infrastructure that allows health centers to serve their communities today and into the future.
To get started, contact our experienced financial consultants at our affiliate, Capital Link, who are available to help health centers navigate NMTC financing options and identify the best path forward.
Contact us at Capital Link - Contact Us
Visit Us At: www.caplink.org and www.chc-capitalfund.org
Thank you for your continued partnership and for the critical work you do to expand access to high-quality health care in communities across the country.
Capital Fund Expands Impact Lending Portfolio with New Loan to Eastport Health Care, Inc.
In September, Capital Fund closed a $1.5 million, five-year loan to Eastport Health Care, Inc., a critical rural provider serving Washington County along Maine’s northeast coast. The financing will help EHC meets its cashflow needs and support its efforts to improve efficiency, increase profitability, and expand services such as chronic care management—ensuring continued access to comprehensive medical, dental, and behavioral healthcare.
Through this loan, Capital Fund helps strengthen rural healthcare, enhance financial resilience, and deliver meaningful community impact in Maine.
Eastport Health Care remains committed to providing high-quality, comprehensive, and accessible healthcare to the communities it serves.
Capital Fund is proud to highlight our partnership with Broad Top Area Medical Services, Inc., a long-standing health center dedicated to expanding access to affordable, comprehensive care. With new funding for facility improvements and operational support, Broad Top is strengthening its capacity to serve thousands of patients across central Pennsylvania—continuing its mission of whole-person wellness for every community it touches.
Health Center: Broad Top Area Medical Services, Inc.
Location: Broad Top, PA
Closing Date: October 23, 2025
Loan Amount: $550,000
Project Budget: $365,000
Loan Purpose: Tenant improvements to the building at 10605 Raystown Road, Huntingdon, PA - leased to the USDA - and working capital support.
Broad Top Area Medical Services, Inc. (“Broad Top”) has been providing affordable, high-quality care since 1973. What began as a single site has grown into a multi-location FQHC serving communities across central Pennsylvania, including Broad Top, Cassville, Orbisonia, Huntingdon, Belleville, and Alexandria.
Today, Broad Top operates eleven clinic sites, employs 124 FTE staff, and in 2023 served 20,976 patients through 63,891 visits. The health center delivers comprehensive services such as primary and preventive care, behavioral health, women’s health, pediatrics, dental care, laboratory services, x-ray radiology, phlebotomy, chronic disease management, and integrated behavioral health.
This financing will support facility improvements and help strengthen Broad Top’s operational capacity as they continue advancing whole-person care for the communities they serve.
This significant increase empowers community health centers to pursue larger-scale projects and expand their impact.
At Community Health Center Capital Fund, our mission is to provide the capital that health centers need to grow and serve their communities effectively. We are constantly evaluating how we can better meet your evolving needs. That’s why we are excited to announce a major update to our lending capacity.
On June 18th, our Board of Directors officially approved an increase to our maximum loan limit, raising it from $3.6 million to $5 million.
This decision directly responds to the ambitious projects you are planning. We recognize that expanding a facility, integrating a new service line, or financing gaps in revenue often requires significant investment. This new, higher threshold is designed to help health centers to get financing without having to piece together multiple sources.
“We listened to our clients and partners,” said Brandon Boyle, Senior Director of Loan Programs. “By raising our loan limit to $5 million, we are removing a financial barrier. Whether it’s a cash flow loan that helps fund operational gaps or financing transformative capital projects, this isn’t just about bigger loans. We’re partnering with health centers to fund bigger solutions for community health.”
What does this mean for your health center?
- Streamlined Financing: Fund larger capital projects with a single, trusted partner.
- Ambitious Growth: Pursue significant expansions, new construction, or major acquisitions with confidence.
- Simplified Process: Work with a lender who understands the unique model and mission of community health.
If you have a need or project that was previously just out of reach, we want to talk to you.
Ready to explore your options for a loan up to $5 million? Contact our lending team today to start a conversation at https://www.chc-capitalfund.org/contact.
We are pleased to announce a significant bolstering of our financial resources through our long-standing partnership with Opportunity Finance Network (OFN). Community Health Center Capital Fund has been awarded a $150,000 grant from OFN and has closed on a $1 million Program-Related Investment (PRI) loan. This combined $1.15 million in support will enhance our capacity to serve community health centers and the communities they represent.
The $150,000 grant provides flexible resources to support our core operations and mission. It will be used to help community development financial institutions (CDFIs) like ours expand access to capital in communities across the United States.
The $1 million PRI is a seven-year loan that will bolster Capital Fund’s capital base for our lending activities. This investment will allow us to finance larger projects for community health centers, enabling them to expand facilities and increase access to healthcare services.
“This combined $1.15 million award of grant and loan capital is a strong endorsement of our work and enhances our ability to serve,” said Becky Regan, President and CEO of Community Health Center Capital Fund. “Our long-standing partnership with OFN enables us to ensure that community health centers have the capital they need to serve their patients and grow. We are grateful for their continued trust and investment.”
This award reflects OFN’s commitment to the community development sector by empowering CDFIs to meet needs across the country. To learn more about our work and how we support community health centers, visit chc-capitalfund.org
A recent $1 million loan from Capital Fund will support Lifecare Family Health and Dental Center (Lifecare)’s $1.8 million renovation project, enabling the health center to better serve their growing patient base in Massillon, OH, where 97% of patients live at or below 200% of the Federal Poverty Guideline.
Since its founding in 1994, Lifecare has provided primary medical care to the low-income, uninsured, and underinsured residents of Stark County, Ohio, through its three locations. Before beginning their Massillon renovation, Lifecare conducted extensive demographic research to determine whether there was a demand for additional healthcare services across the seven-zip code Massillon area. Their study found that of 101,000 residents, 27,500 are low income—indicating a significant growth potential for Lifecare, as the only Federally Qualified Health Center (FQHC) in the area.
The modernized 12,661-square-foot clinic will allow Lifecare to expand their primary care and family medicine services, as well as dental and behavioral health services. The new space will increase the number of medical exam rooms from four to 15, dental chairs from three to eight, and behavioral health offices from two to three. Additionally, medication management psychiatric nurse practitioner offices will increase from 0 to three.
With the expansion, Lifecare expects to increase the number of patients it serves by 51%, from nearly 11,000 in 2022 to a projected 16,500 in 2033. Visits are expected to increase by an impressive 71%, from 40,700 in 2022 to 69,500 in 2033. The new site will also increase health center jobs by 27%, from 99 in 2022 to 125 in 2033.
In addition to providing medical, dental, and behavioral health services to the community, Lifecare also works with Ohio Primary Care Workforce Initiative (OPCWI). OPCWI’s mission is to teach, inspire, and provide students with clinical experiences in modernized primary care settings. The providers at Lifecare’s new facility will help train the students and provide them with experience in a Patient Centered Medical Home setting. Learn more about Lifecare here: https://lifecarefhdc.org/
Schedule a free consultation with Brandon Boyle, Senior Director of Loan Programs, at This email address is being protected from spambots. You need JavaScript enabled to view it. to learn more about our loan programs.
We are excited to announce that a recent $750,000 loan from Capital Fund will help finance the construction of a new 6,000-square-foot behavioral health and administration building for Georgia Mountains Health Services, Inc. (GMHS), providing previously inaccessible services to rural Georgia counties.
With a $1.5 million budget, the project will centralize GMHS’ administrative operations and bring much-needed behavioral health services to the region, where 88% of health center patients live below 200% of the Federal Poverty Level. The new facility will house accounting, HR, billing, and a call center, as well as training and meeting spaces for GMHS staff and community partners.
With this expansion, both the number of health center patients and visits are expected to increase by 29%. Patients are projected to grow from 13,880 in 2023 to 17,868 in 2031, and the number of visits is expected to increase from 46,933 in 2023 to 60,377 in 2031. Permanent FTEs (full-time equivalent) employees are projected to grow by 18%, from 93 in 2023 to 110 in 2031.
Founded in 1984, GMHS is the only non-profit organization with a full-time medical and dental staff providing care in North Georgia, and the only Federally Qualified Health Center (FQHC) serving Fannin, Gilmer, Murray, and Lumpkin Counties. As a trusted provider of primary medical, dental, and behavioral health care, GMHS provides services at six health center locations and one school in Blue Ridge, Chatsworth, Dahlonega, and Ellijay, GA.
To learn more about GMHS, visit gamtnhealth.org.
If your health center is exploring financing options to support facility expansion or other needs, reach out to Brandon Boyle at This email address is being protected from spambots. You need JavaScript enabled to view it. for more information about Capital Fund’s loan programs.