New Markets Tax Credit Financing for Federally Qualified Health Center

Represented Federally Qualified Health Center in the leasing and financing of real property in downtown Winsted, Connecticut, through a New Markets Tax Credit structure, providing necessary funds to construct a health center and related facilities through a phased-in up to 39% tax credit with respect to an equity investment made. This financing will enable the client to expand and meet the growing need of the medically-underserved living in the area so that they may have access to quality, affordable and comprehensive primary and preventive health services, through the opening of this new health center.