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Introduction to Capital Link and FQHC Financing Needs Presented by: Allison Coleman, CEO Capital Link.

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Presentation on theme: "Introduction to Capital Link and FQHC Financing Needs Presented by: Allison Coleman, CEO Capital Link."— Presentation transcript:

1 Introduction to Capital Link and FQHC Financing Needs Presented by: Allison Coleman, CEO Capital Link

2 Capital Link - Mission Established through the community health center movement, Capital Link helps health centers grow by providing: – Industry vision and leadership in the development of capitalization strategies for facilities and operational expansion – Metrics and analytical services for measuring health center impact, evaluating financial and operating trends and promoting performance improvement – Direct assistance to health centers and complementary nonprofit organizations in planning for and financing operational growth and capital needs Community Health Center Capital Fund is Capital Link’s CDFI affiliate

3 Industry vision and leadership What are we doing? – Training CDFIs to be better lenders to FQHCs – Collaborating to develop the Lenders Coalition for Community Health Centers – Working with NACHC and PCAs to advocate for health center growth strategies

4 Metrics and analytical services What are we doing? – Assessing FQHC capital needs – Providing FQHC industry financial and operational benchmarks for: Health center performance improvement Lender/investor metrics for lending See: Community Health Center Financial Perspectives Series, funded by Citi Foundation – Working on a “next generation” database to provide interactive, real-time financial and operational data

5 Direct assistance to health centers What are we doing? – “Soup to Nuts” growth and capital planning TA, including raising capital from many sources – Results to date: Raised $927 million for 205 projects totaling $1.14 billion – $485 million in NMTC financing (52%) – $270 million in tax-exempt bond financing (29%) – $172 million from other sources (19%) 3.25 million SF of space developed – 15,450 construction-related jobs and $2 billion to overall economic impact from construction – Space accommodates 1,665 providers and 9,100 FTEs – Services for 1.3 million patients through 5.2 million annual visits

6 What’s Next for the FQHC Industry? Projected patients by 2018: 32 million – Up from 22 million in 2012 (7.6% YOY growth) Capital Needs of ~$10.3 billion – $6.9 billion on-balance sheet (67%) – $3.4 billion leased space (33%) Estimated funding gap for HC-owned space – $4.8 billion, of which at least $2.7 billion is needed in debt financing

7 Contact Us Massachusetts 40 Court Street 10 th Floor Boston, MA Phone: (617) Fax: (617) Missouri 2158 Roselake Circle St. Peters, MO Phone: (636) California 979 Osos Street Suite B3 San Luis Obispo, CA Phone: (805) Fax: (805) West Virginia 140 Hummingbird Lane Shepherdstown, WV Phone: (304) Satellite Locations: Main Office: Washington 1920 Main St. Suite 18 Ferndale, WA Phone: (360)


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