Accion Opportunity Fund leverages federal tax credits to invest in high-impact community projects that provide safety net services for low-income communities in the United States. A total of $5 billion in NMTC allocations were recently awarded to 104 organizations nationwide through a highly competitive application process.

“With this allocation award, Accion Opportunity Fund will be able to raise significant equity capital from lenders and investors to finance the expansion of nonprofit service providers, through the new construction of community health clinics, youth centers, homeless shelters, and other types of community facilities that provide substantial benefits to low-income communities,” said Tom Dolan, Senior Director, New Markets Tax Credits.

Prior to this allocation, Accion Opportunity Fund had received a total of thirteen allocations, totaling $498 million, to support our community investments. In turn, Accion Opportunity Fund has provided financing for 41 projects throughout the United States, totaling $498 million in investment for nonprofit facilities and Native American projects that have generated approximately 9,000 construction and permanent jobs.

Accion Opportunity Fund’s projects serves more than 918,000 unique individuals annually, which includes 507,044 low-income individuals, 378,752 Black, Indigenous, and People of Color, and 187,205 at-risk youth.

For example, RYSE Commons, which opened in 2022, provides a safe space for youth in Richmond, California. Its programming includes direct services, education, leadership building, and organizing across issues that affect youth. RYSE’s clients are 90% low income and 96% Black, Indigenous, and People of Color.

One of RYSE’s members is “D.C.” a formerly incarcerated youth. He was recently elected as part of the Contra Costa County Juvenile Justice Coordinating Council. As a member of that Council, “D.C.” advocates for youth who have been systems-impacted and helps push policies that better ensure safe returns and positive outcomes for youth re-entering the community after incarceration.

In FY2024, Accion Opportunity Fund financed the following projects using NMTCs:

Compass Health
Accion Opportunity Fund provided $16 million in financing (in addition to other partners) to help Compass Health construct a new 73,000 square foot facility that will provide in-patient and out-patient behavioral health care for a population that includes adults with chronic mental illness who are either homeless, transitioning out of more intensive mental health treatment facility settings, who may be diverted from incarceration for mental health reasons, or those requiring intensive supports to live independently.

This project is currently under construction. Once completed, this facility will serve over 1,920 individuals annually, 100% low-income, and create or retain 133 permanent jobs

West Last Vegas Library

Accion Opportunity Fund provided $10.5 million in financing (in addition to other partners) to help the Las Vegas-Clark County Library District construct a new 40,430 square foot library. With no more than 15% of its interior square footage devoted to book stacks, the new library will provide project-based learning spaces including technology and multimedia labs, adult learning classrooms, a career hub, business center, and study booths.

This project is currently under construction. Once completed, this project will serve an estimated 23,100 clients annually, 80% low income and 75% Black, Indigenous, or People of Color, and create or retain 40 permanent jobs.

Accion Opportunity Fund is currently reviewing prospective projects for Fall 2024 and beyond. To learn more about AOF’s New Markets Tax Credits program, visit https://aofund.org/new-markets-tax-credit-program/

AOF typically closes 2-4 NMTC transactions per year—but don’t let that seemingly small number deceive you. NMTC transactions are for BIG projects with BIG impact.

What is NMTC?

The NMTC program was established by Congress in 2000 as a bipartisan initiative to encourage investment in distressed, low-income communities. Through this program, investors provide capital to community development entities (CDEs), and in exchange are awarded credits against their federal tax obligations. Without these tax incentives, investment in economically distressed communities is a hard sell due to perceived risk and low returns.

NMTC was created to incentivize investment in projects that might otherwise never get off the ground. Projects financed through NMTC lift underserved low-income communities by creating jobs, spurring new economic activity, and creating anchor developments that encourage additional investment in the community.

How does it work?

The CDFI Fund allocates tax credit authority to Community Development Entities (CDE)s—financial intermediaries that bring investors together to finance a project. In exchange for investing in CDEs, investors claim a tax credit worth 39% of their original investment, which is claimed over a seven-year period.

AOF is one of these CDE intermediaries. We specialize in projects that provide critically needed services to large numbers of low-income individuals and families. We fund projects such as housing for those experiencing homelessness, health clinics, and youth services (see below for more information on our projects). Our NMTC financing offers our nonprofit borrowers flexible terms and the option to convert a portion of their loan into equity at the end of a 7-year compliance period.

How does NMTC fit into AOF’s work?

AOF has been an NMTC allocatee since the program’s inception. NMTC is deeply aligned with our core purpose to build economic mobility in low-income and BIPOC communities. While many types of projects may be NMTC-eligible, AOF will only finance projects that a) have a clear and compelling benefit to low-income communities and individuals; and b) pass the “but-for” test—meaning, the project could not be completed without the flexible terms and investor incentives that NMTC provides.

Aside from the clear mission alignment, NMTC also provides earned revenue that supports AOF’s other work. We earn fees when closing a project’s financing and for monitoring the project’s compliance with NMTC requirements, for seven years following the transaction. These fees directly support AOF’s ability to offer business advising services and competitive rates on our small business loans.

Our projects, which span several western US states, are all located in low-income census tracts and provide a variety of community services. These include free/affordable health and dental care facilities, homeless services and permanent supportive housing projects, education, healthy food retail, and at-risk youth services for low-income and BIPOC communities. One of the most unique projects we’ve financed was a Native Forest and river reclamation project!

Impact

To date, AOF has invested $487.5 million in NMTC projects. Cumulative impacts of these projects include:

• Building 40 nonprofit facilities and other community projects
• Creating, retaining, or supporting 9,544 construction and permanent jobs
• Community facilities serve more than 894,853 unique individuals annually, including
• 482,951 low-income individuals
• 364,384 people of color
• 177,506 at-risk youth

For More Information:CDFI Fund NMTC fact sheetAOF website

This NMTC investment will support the construction of a new 73,000 square foot behavioral health services facility in Everett, Washington, as part of a larger campus that includes an 82-unit permanent supportive housing development that opened in April 2021.

The new facility will provide in-patient and out-patient behavioral healthcare and pharmacy for adults with chronic mental illness who are either homeless, transitioning out of more intensive mental health treatment facility settings, who may be diverted from incarceration for mental health reasons, or those requiring intensive supports to live independently.

Compass Health’s services are available to all patients regardless of their ability to pay. The new facility will reach 1,920 unduplicated clients per year, 100% low-income (80% experiencing or at risk of homelessness), with a projected 57,682 patient encounters per year.

The project will create or retain 133 full-time equivalent permanent jobs, including 44 jobs that are slated for low-income individuals, those with less than 2-year college degree, or facing barriers to employment.

AOF’s $16 million NMTC investment will be combined with financing from other investors for this $67 million project.

IMPACT: People served

• 1,920 projected unique individuals served annually (100% low income)
• Jobs Created:
  • 133 FTE permanent jobs projected to be created or retained (including 44 for low-income individuals, those with less than 2-year college degree, or facing barriers to employment), all paying living wages and receiving benefits
  • 174 projected construction jobs (including 157 for low-income individuals, those with less than 2-year college degree, or facing barriers to employment)

Funding of the new Compass Health facility reflects AOF’s ongoing commitment to supporting low-income communities with inadequate access to fundamental services including healthcare, nutrition, education, temporary shelter, and more.

About NMTC

AOF has provided more than $487 million in NMTC investments to help finance the construction or rehabilitation of 40 community facilities or Native American jobs projects, including community health centers, homeless services facilities, at-risk youth projects, and three phases of a Native American forest and salmon fishery restoration project. Since inception, our NMTC projects have created, retained, or supported 9,544 jobs (5,203 jobs accessible to low-income persons) and currently serve 482,951 low-income clients annually.

If you are interested in learning more about AOF’s New Markets Tax Credit Program, please reach out to Priya Srinivasan at psrinivasan@aofund.org.

On November 4, 2022, Accion Opportunity Fund closed on a $6.5 million investment on a community project that will provide transformative, supportive housing in San Antonio, Texas. The project, Towne Twin Village, consists of the development of a 10-acre site that will provide permanent supportive housing and support services for individuals aged 50 and over experiencing chronic homelessness. The Towne Twin Village investment is possible through New Markets Tax Credit, a federal program that bolsters community facilities in low-income areas.

Addressing a Housing Crisis

The need for housing in San Antonio is staggering: Last year, 2,932 people experienced homelessness and 633 people were on the waiting list for permanent supportive housing—yet there were only 11 openings for permanent supportive housing in the first three months of 2022.

The Towne Twin Village Project: Building homes and jobs

To help alleviate San Antonio’s housing crisis, the Towne Twin Village will provide 80 micro-homes and pads for 24 RVs—as well as a health clinic, hospitality building, administrative building, transportation pavilion, amphitheater, and gazebos. The health clinic will host a medical team, a dental team, and mental health providers, including therapists and psychiatrists. The hospitality building will house a kitchen, dining area, laundry room, and barbershop.

Each of the microhome units (pictured) will contain a bedroom, bathroom, and kitchen.

Towne Twin Village anticipates creating or retaining 31 permanent, full-time, living wage jobs, including 24 for low-income individuals. The project will also generate 76 construction jobs, including 40 for low-income individuals. Ultimately, Towne Twin Village anticipates serving 675 unique individuals annually.

Our local partner: Housing First Community Coalition

Towne Twin Village is a project of Housing First Community Coalition, which was established in 2017 by volunteers and supporters of the San Antonio Catholic Worker House. Since 1985, the Catholic Worker House has provided care, comfort, and support to community members experiencing homelessness, poverty, hunger, and marginalization.

We are honored to partner with the team at Housing First Community Coalition, who shares their hopes that Towne Twin Village will provide their unhoused neighbors with “dignified and respectful care in a place that will make them feel truly cherished.”

Learn more

The federal New Markets Tax Credit program encourages private capital investments into low-income communities. The program provides federal tax credits to a select group of community development entities, including Accion Opportunity Fund, which then leverage the tax credits to attract capital. Over the past twenty years, the New Markets Tax Credit program has generated billions in investments towards community-driven construction projects, creating jobs and transforming lives.

[Learn more]

Accion Opportunity Fund is pleased to announce it was awarded a $55 million allocation under the U.S. Treasury Department’s New Markets Tax Credit (NMTC) program. Accion Opportunity Fund leverages federal tax credits to invest in high-impact community projects that provide safety-net services for low-income communities, as well as local jobs, in the western United States. A total of $5 billion in NMTC allocations were recently awarded to 107 organizations nationwide through a highly competitive application process.

“With this allocation award, Accion Opportunity Fund will be able to raise $55 million from lenders and investors to finance the expansion of nonprofit service providers, through construction of community health clinics, youth centers, homeless shelters, and other types of community facilities that provide substantial benefits to low-income communities,” said Chris Huang, Senior Director, New Markets Tax Credits at Accion Opportunity Fund.

AOF’s impact through the New Markets Tax Credit Program

Accion Opportunity Fund has received a total of thirteen allocations, totaling $498 million. In turn, Accion Opportunity Fund has provided financing for 35 projects, generating $423.5 million in investment for nonprofit facilities and Native American community projects. The projects AOF has invested in have, in turn, created approximately 9,000 construction and permanent jobs.

Accion Opportunity Fund’s New Markets Tax Credit projects serve approximately  874,000 unique individuals annually, including 470,000 low-income individuals,  350,000 people of color, and 179,000 youth.

Recent Accion Opportunity Fund New Markets Tax Credit Projects

Youth lead the way at RYSE Commons

RYSE Commons

, which opened in 2022, provides a safe space for youth in Richmond, California. Its programming includes direct services, education, leadership building, and organizing across issues that affect youth. After temporarily closing due to COVID, RYSE aims to serve 6,750 youth annually—92% low income and 94% youth of color—through services provided, events, and community outreach.

One of RYSE’s members is DC* (name changed per individual’s request), a formerly incarcerated youth. He was recently elected to the Contra Costa County Juvenile Justice Coordinating Council. As a member of that Council, DC advocates for youth who have been systems-impacted and helps push policies that better ensure safe returns and positive outcomes for youth re-entering community after incarceration.

Reimagining health care at Clinicas Blythe

Accion Opportunity Fund provided $10.08 million in financing to help Innercare, a Federally Qualified Health Center, purchase an old retail center and rehab it into a 16,000 square feet health clinic in Blythe, California. This clinic will provide primary care, dental, radiology and behavioral health to low-income individuals, homeless, and migrant workers, and children in an area where the poverty rate is 41%.

Once completed, this facility will serve over 8,000 individuals annually, including 81% low-income individuals: 91% people of color. The facility will also create or retain 48 permanent jobs.

Converting an old hospital into community housing in Fresno

Accion Opportunity Fund provided $14.4 million in financing to the Fresno Mission to purchase an old 160,000 sq. ft. hospital campus and rehab it into a services campus for unhoused community members. The center will create a community for children, families, and individuals facing life insecurities related to homelessness and poverty. The new campus will provide space for many community partners to provide a holistic array of supportive services such as education, healthy food, job training, and substance abuse treatment.

The new facility will serve 5,800 unique individuals (91% low-income and 61% people of color) annually and create or retain 60 permanent jobs, in an area where the poverty rate is 35%.

Expanding support services in Chico

Accion Opportunity Fund provided $9.6 million in financing to the Jesus Center to build the Renewal Center, a 47,000 square foot, multi-agency homeless services campus that will provide flexible shelter options, medical and mental health services, and other supportive services. Shelter beds will be accessible to vulnerable individuals who may have trouble accessing housing elsewhere. The new homeless services facility will serve 848 clients (100% low-income and 35% people of color) annually and create or retain 60 permanent jobs, in an area where the poverty rate is 45%.

What’s ahead

This most recent $55 million allocation ensures that we will continue to support low-income communities through critical investments in community. Accion Opportunity Fund is currently lining up prospective projects for Fall 2022 and beyond.  Learn more about our New Markets Tax Credits program.

 

Accion Opportunity Fund is pleased to announce it was awarded a new $55 million allocation under the U.S. Treasury Department’s New Markets Tax Credit (NMTC) program. Accion Opportunity Fund leverages federal tax credits to invest in high-impact community projects that provide safety net services for low-income communities in the western United States. A total of $5 billion in NMTC allocations were recently awarded to 100 organizations nationwide through a highly competitive application process.

“With this allocation award, Accion Opportunity Fund will be able to raise $55 million from lenders and investors to finance the expansion of nonprofits service providers, through the new construction of community health clinics, youth centers, homeless shelters, and other types of community facilities that provide substantial benefits to low-income communities,” said Chris Huang, Director, New Markets Tax Credits.

Accion Opportunity Fund has received a total of twelve allocations, totaling $443 million, to support our community investments. In turn, Accion Opportunity Fund has provided financing for 32 projects throughout the western United States, totaling $388 million in investment for nonprofit facilities and Native American projects that have supported approximately 8,300 construction and permanent jobs

Accion Opportunity Fund’s projects served more than 839,000 unique individuals, including:

• 450,747 low-income individuals
• 324,996 people of color
• 168,559 at-risk youth

For example: Gina and her children moved into LA Family Housing after experiencing homelessness when meningitis rendered Gina blind and she couldn’t pay rent. With safe and secure housing, Gina learned new mobility and life skills for future independence. Accion Opportunity Fund facilitated $28.4 million in financing to help LA Family Housing build an 80,000 square foot, multi-service facility that hosts housing and supportive services all on site.

Sustaining strong communities

2020 Accion Opportunity Fund New Market Tax Credit Programs

In 2020, Accion Opportunity Fund financed the following projects using NMTC:

Union Gospel Mission – Salem

Accion Opportunity Fund provided $11.52 million in financing to Union Gospel Mission – Salem (UGMS) to facilitate the construction of a 58,000 sq. ft. homeless services facility in Salem, OR. UGMS is the largest provider of meals and shelter to individuals experiencing homelessness in the Salem metro area. Its programming covers the continuum of services that aim to transition homeless individuals into housing and independent living.

Once completed, this facility will serve over 5,000 low-income individuals annually and create or retain 50 permanent, benefited, living-wage jobs.

[Read more about Union Gospel Mission Salem]

Yakima Valley Farm Workers Clinic – Miramar Health Center

Accion Opportunity Fund provided $9.6 million in financing to the Yakima Valley Farm Workers Clinic (YVFWC) to construct a 40,000 sq. ft. community health center. YVFWC is a non-profit federally qualified health center (FQHC) that serves low income populations. A third of YVFWC’s patient population consists of migrant or seasonal workers.

The new facility will serve 12,362 unique individuals annually (80% low income) and create or retain 76 permanent jobs, all paying living wages and receiving benefits.

[Read more about Yakima Valley Farm Workers Clinic]

Tepeyac Community Health Center

Accion Opportunity Fund provided $10.19 million in financing to Tepeyac Community Health Center, to build a 24,397 sq. ft. health clinic and 5,380 sq. ft. tenant space for a grocer to provide fresh and healthy food to the community.

Tepeyac Community Health Center is an FQHC that is based in the Globeville Elyria-Swansea neighborhood of Denver, CO where the poverty rate is 31.2%. The new clinic will serve 9,600 unique patients annually (90% low income) and create or retain 102 permanent jobs, all paying living wages and receiving benefits.

[Read more about Clínica Tepeyac]

What’s Next

This most recent $55 million allocation ensures that we will continue to impact low-income communities through critical investments in community facilities in the coming years. Accion Opportunity Fund is currently lining up prospective projects for 2021 and beyond.

[Learn more about New Markets Tax Credits]

Opportunity Fund, the lending arm of Accion Opportunity Fund, is excited to announce its first New Markets Tax Credit (NMTC) project in Colorado: the construction of a new health care facility for Clínica Tepeyac, a non-profit federally qualified health center, or FQHC, in Denver, Colorado. Clínica Tepeyac is based in the Globeville Elyria-Swansea neighborhood in Denver, which is one of the most polluted zip codes in the United States, and an economically distressed area. Since its founding, Clínica Tepeyac has expanded from a two-exam room clinic to an FQHC serving approximately 4,500 unduplicated patients annually, of whom 89% do not speak English as a first language, 96% are Latino, and 90% are below 200% of the poverty level. Clínica Tepeyac does not currently have space to adequately meet the community’s needs, making it imperative to build a new facility. This NMTC project will finance the construction of the ground floor retail component of a 150+ unit affordable housing development, which will be occupied by Clínica Tepeyac and also provide space for a fresh food retailer. The new 24,397 square-foot clinic will provide quality healthcare services to 9,600 unique patients annually (in addition to the 4,500 already served by the existing clinic), the vast majority of whom are estimated to be low-income and minority patients. The 5,380 square foot retail space occupied by a fresh food retailer will provide fresh and local produce with a tiered pricing structure beneficial to the neighborhood residents in a USDA-designated Food Desert.

The Impact

• 102 full-time permanent jobs projected to be created or retained (28 for low-income individuals), all paying living wages and receiving benefits
• 86 projected construction jobs (21 for low-income individuals), all paying living wages
• 9,600 projected unique individuals served annually (90% low income)

Community Demographics & Characteristics:

• Poverty rate: 31.2% 
• Household Median Income: 49.4% of Area Median Income 
• Unemployment: 1.28x the national unemployment rate 
• USDA Food Desert

Given COVID-19’s disproportionate short- and long-term impacts in low-income communities, access to quality and affordable health care will be especially critical. Funding of this NMTC project reaffirms our commitment to supporting affordable and comprehensive medical, mental, and dental coverage for our nation’s low-income communities.

If you are interested in learning more about our New Markets Tax Credit Program, please reach out to Marissa Meir at Marissa@OpportunityFund.org.

 

 

In light of recent events, Accion Opportunity Fund’s unyielding commitment to the success of minority-owned businesses and underserved communities is stronger now more than ever. We’ve been working overdrive to support our clients and communities in persevering through the COVID-19 pandemic while in the face of our nation’s history of systemic racism.

We will support these efforts with our New Markets Tax Credit (NMTC) Program by continuing to invest in non-profit sponsored community facilities providing safety net services for low-income communities.

New Markets Tax Credit

NMTC was created by Congress 20 years ago to encourage private capital investments into low-income communities. It provides federal tax credits to a select group of community development entities (CDEs), like Accion Opportunity Fund, which then utilize the tax credits to attract capital.

The capital is loaned at below-market interest rates for the construction or renovation of commercial real estate projects or operating businesses located in low-income census tracts. Accion Opportunity Fund closed its first NMTC project in 2004 and has since invested a total of $377 million in NMTC projects.

Although projects can vary, our NMTC investments focus on non-profit community facilities and Native American job creation projects, such as community health centers, at-risk youth centers, homeless services facilities, and more. Since 2004, we have invested in 31 facilities that are providing much-needed resources to and creating jobs for their communities.

The Yakima Valley Farm Workers Clinic

Facilities like the ones we invest in have been essential to helping hard-hit communities endure and overcome the economic and social hardships of the last two decades. In June 2020, Accion Opportunity Fund announced the closing of $9.6 million in NMTC financing for the Yakima Valley Farm Workers Clinic, a non-profit, Federally Qualified Health Center.

Our NMTC investment will support the construction of a new 40,000 square foot community health clinic in Kennewick, Washington that will serve low-income and uninsured residents, a good portion of which are seasonal farmworkers.

The project will create or retain 76 full-time permanent jobs, including 46 for low-income individuals. YVFWC estimates the new clinic will provide care to 12,360 patients per year across over 53,000 patient visits (80% of whom are projected to be low income and 76% minority) — services that are more crucial now in light of COVID-19  and its potential long-term effects.

For more information on the Yakima Valley Farm Workers Clinic and our other community projects, please visit our NMTC website here.

H.R. 2 – The Moving Forward Act

$52 billion in direct NMTC investments were made between 2003 and 2019. These NMTC investments leveraged more than $100 billion in total capital investment to communities with high rates of poverty and unemployment. In addition, between 2003 and 2015, the NMTC generated more than 1,000,000 jobs, at a cost to the federal government of less than $20,000 per job.

Despite its profound impact, the program has been up for renewal on a periodic basis, and after the current 1-year extension, the NMTC program is, once again, at risk of being eliminated. It’s crucial now, more than ever, that Congress moves to make the New Markets Tax Credit program permanent.

We are committed to investing in the communities we serve and will continue to advocate for policies that create a more equitable and just society. The House of Representatives is currently considering H.R. 2, the Moving Forward Act, which includes a permanent extension of the New Markets Tax Credit at $5 billion in annual allocation with additional NMTC allocation provided over the next three years to help communities with the economic downturn.

Accion Opportunity Fund is an active member of the New Markets Tax Credit Coalition and will work with our partners and stakeholders to advocate for permanency.

Learn More About Accion Opportunity Fund (AOF)

For more information on NMTC, please contact Christopher Huang, Director of NMTC at chuang@aofund.org.

On January 23, 2020, Opportunity Fund, the lending arm of Accion Opportunity Fund, announced the closing of an $11.52 million loan for Union Gospel Mission of Salem (“UGMS”), the largest provider of meals and shelter for the homeless in the Salem, Oregon metro area, in partnership with Raza Development Fund, Pioneer Trust Bank, and Chase Bank. The loan, made possible with federal New Markets Tax Credits, will enable UGMS to build a new 57,220 square feet facility.

UGMS works to transition homeless individuals into housing and independent living by providing shelter and meals, substance abuse recovery, supportive services, education, and job and housing placement.

The Union Gospel Mission of Salem’s current men’s shelter is an amalgamation of three buildings. With some parts over 100 years old, the current building is aging and overcrowded. The new facility will almost double its capacity for overnight shelter as well as provide dedicated spaces for case management, counseling, administration, and the recreational and educational activities that will support the life transformation processes critical to reducing long-term homelessness.

In addition, this project will create or retain 50 full-time equivalent permanent jobs. UGMS provides opportunities for training and advancement. Historically, 30% of UGMS’s staff have been graduates of their programs and were low-income when hired. Program graduates often have barriers to employment such as intermittent work history, past incarceration, legal, and credit issues.

The Impact

People Served

• 5,200 projected unique individuals served annually, of which 100% will be low-income

Jobs Created:

• 50 FTE permanent jobs projected to be created or retained (23 for low-income individuals), all paying living wages and receiving benefits
• 83 projected construction jobs (23 for low-income individuals)

Funding of the UGMS new facility represents our ongoing commitment to supporting community facilities that provide services that are often neglected in low-income neighborhoods, such as education, food, and temporary shelter.

If you are interested in learning more about the New Markets Tax Credit Program, please reach out to Marissa Meir at Marissa@OpportunityFund.org.

 

Opportunity Fund, the lending arm of Accion Opportunity Fund, is excited to announce its first investment in Oregon as of November 20th, 2019, a $13 million expansion of Northwest Human Services (“NHS”). NHS is a non-profit Federally Qualified Health Center and a vital part of the social safety net in Salem, Oregon. The $13 million investment will enable NHS to expand and accommodate an additional 10,000 additional patient visits annually and improve access to and quality of care for low-income people.

NHS has been providing health care and social services in Salem, Oregon for over 45 years. Their services include an extensive array of family-oriented health care, including primary and preventive care, acute care, women’s health care, in-house laboratory services, specialty referrals, mental health/substance abuse counseling, and preventive and restorative dentistry, among others.

Approximately 91% of Northwest Human Service’s patients whose incomes are known to have incomes below poverty level. Their target population includes a significant number (19%) of individuals experiencing homelessness, who suffer from unmanaged medical conditions, co-occurring substance use disorders, untreated mental illness, and significant barriers to care.

The Impact

People Served:

• 15,189 projected unique individuals served annually, of which 99.7% will be low-income

Jobs Created:

• 167 FTE permanent jobs projected to be created or retained (108 for low-income individuals), all paying living wages and receiving benefits
• 37 projected construction jobs (59% for low-income individuals)

Funding of the NHS expansion represents our continuing commitment to supporting affordable and comprehensive medical, mental, and dental coverage for our nation’s low-income communities.

If you are interested in learning more about our New Markets Tax Credit Program, please reach out to Marissa Meir at Marissa@OpportunityFund.org.