Clearinghouse CDFI/Stories/New Markets Tax Credits/Northern Nevada HOPES

Northern Nevada HOPES

Northern Nevada HOPES is Reno's first nonprofit integrated care facility, offering access for medical and wellness services.
Exterior of a neighborhood community center.
Northern Nevada HOPES is Reno's first nonprofit integrated care facility, offering access for medical and wellness services.
Northern Nevada HOPES is Reno's first nonprofit integrated care facility, offering access for medical and wellness services.
Northern Nevada HOPES is Reno's first nonprofit integrated care facility, offering access for medical and wellness services.
Northern Nevada HOPES is Reno's first nonprofit integrated care facility, offering access for medical and wellness services.

$8.3 Million of New Markets Tax Credit Allocation for Construction of an Integrated Care Facility – Now Open

Clearinghouse CDFI continues to lead efforts to deliver State and Federal New Markets Tax Credits (NMTCs) to Nevada with an $8.3 million NMTC allocation for the construction of Northern Nevada HOPES— Reno’s first nonprofit integrated care facility.

Northern Nevada HOPES treats 10,000 medically underserved patients annually and offers access for medical and wellness services.  Development of this 37,000 sq. ft. federally qualified health center created 105 construction jobs and 43 new, full-time jobs.

Download the PDF: Just Funded – Northern Nevada HOPES

a house frame blue
Financing Provided: $8.3 Million in New Markets Tax Credit Allocation
Location: Reno, NV
Impact:

Serves 10,000 medically-underserved patients annually
Creates 105 construction jobs and 43 full-time jobs

Purpose:

Construction of an Integrated Care Facility

Year Funded: 2015

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