The New Markets Tax Credit (NMTC) program, created to spark investment in disadvantaged communities, has become a valuable source of flexible capital for healthcare providers and health systems to tackle the immediate needs of both their organizations and communities to affect positive change. NMTC funding has been used for new construction or renovation of facilities including emergency rooms, mental health departments, primary care and community clinics, and specialty service facilities such as testing sites, wellness centers, and radiology and imaging facilities.
As we reimagine our healthcare infrastructure to affect positive change in our communities and to build for the future, the time for bringing flexible capital to implement creative solutions could not be more opportune.
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