Developments > Holyoke Health Center
Using MHIC’s New Markets financing, Holyoke Health Center was able to complete the final phase of its creation of a full-service medical care complex in downtown Holyoke with the historic renovation of three connected commercial buildings. MHIC’s New Markets investment represents the largest investment ever made in downtown Holyoke. Holyoke Health Center is a federally qualified health center providing primary care services to uninsured and low-income families. This new state-of-the-art facility houses primary care and laboratory services, an on-site pharmacy and a dental clinic. In addition to providing neighborhood-based health care, the Center is also creating new, well-paying jobs in downtown Holyoke. The Center is also expected to be an anchor for future commercial development and job growth in this western Massachusetts city.
Holyoke Health Center
Project at a Glance:
Location:
Holyoke
Development Type:
Commercial,Ownership
Project Type:
Historic renovation of commercial buildings
MHIC Financing:
$25,025,193 in NMTC financing
Sponsor:
Holyoke Health Center
Date Completed:
12/30/2005
Using MHIC’s New Markets financing, Holyoke Health Center was able to complete the final phase of its creation of a full-service medical care complex in downtown Holyoke with the historic renovation of three connected commercial buildings. MHIC’s New Markets investment represents the largest investment ever made in downtown Holyoke. Holyoke Health Center is a federally qualified health center providing primary care services to uninsured and low-income families. This new state-of-the-art facility houses primary care and laboratory services, an on-site pharmacy and a dental clinic. In addition to providing neighborhood-based health care, the Center is also creating new, well-paying jobs in downtown Holyoke. The Center is also expected to be an anchor for future commercial development and job growth in this western Massachusetts city.