Clearinghouse CDFI provided $6,000,000 of New Markets Tax Credit allocation to Sun Life Family Health Center to finance the construction of a new healthcare facility totaling more than 110,000 square feet in Casa Grande, Arizona. The project is in a federally designated “Deep Distress” census tract, with 60% area median income and 15.8% unemployment rate. The facility will help address longstanding healthcare gaps by expanding access to primary and specialty healthcare services in a region designated as both a Mental and Dental Health Professional Shortage Area and a Medically Underserved Population.
The center will deliver primary and specialty healthcare services, including pediatrics, OB/GYN, dentistry, behavioral health, and pharmacy, within one facility. By co-locating essential services, the project aims to improve continuity of care and reduce travel and wait times for patients. This will support more than 247,000 patient visits from approximately 82,450 unique patients each year. The majority of patients are expected to be low-income individuals and families.
The project is also expected to generate substantial economic impact for the surrounding community, creating and retaining 408 permanent jobs and 350 construction jobs during development. All permanent positions will include employee benefits. Many entry-level positions will also be supported by on-the-job training programs and accessible to individuals with a high school diploma or GED, creating pathways into healthcare careers for local residents.
Project Financing
- CCDFI: $6,000,000
- Accion Opportunity Fund Community Development: $12,000,000
- Capital One Community Renewal Fund: $6,000,000
- Grow America NDC New Markets 114, LLC: $7,000,000
- Bank—Capital One: $12,090,000
#25AZ-7980A & B
