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.
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

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

Related Articles and Insights

Sun-Life-Health-Ground-Breaking-3-e1779835267958
NEW MARKETS TAX CREDITS

Sun Life Family Health Center | Expanding Access to Healthcare

Clearinghouse CDFI provided $6,000,000 of New Markets Tax Credit allocation to Sun Life…
Read Full Article
Lower-Brule-Main
NEW MARKETS TAX CREDITS

Lower Brule Grocery Store | NMTC Financing Expands Access to Fresh Food

Clearinghouse CDFI provided $6 million of NMTC allocation for the construction of the…
Read Full Article
Team members at Mama’s Kitchen standing in front of organization logo inside nonprofit office
NEW MARKETS TAX CREDITS

Mama’s Kitchen | NMTC Financing for Food as Medicine Provider

Clearinghouse CDFI provided $10 million of NMTC allocation to support the ongoing…
Read Full Article
DowneyYMCA-1
NEW MARKETS TAX CREDITS

Kolar Family YMCA | Community Center Construction

CCDFI provided $7 million of NMTC allocation to finance a new YMCA serving more than…
Read Full Article
rendering-retouched
NEW MARKETS TAX CREDITS

Dolores Huerta Foundation | Peace and Justice Cultural Center

Clearinghouse CDFI provided $8 million of NMTC allocation for the Dolores Huerta…
Read Full Article
Chinle-Main
NEW MARKETS TAX CREDITS

Chinle Wastewater Treatment Plant | Chinle, AZ

Clearinghouse CDFI provided $12M NMTC allocation for a new wastewater treatment plant…
Read Full Article