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Capital Fund is proud to provide a $2 million loan to Brazos Valley Community Action Agency, Inc., dba HealthPoint (HealthPoint) for two projects bringing full-time jobs and never-before offered services to rural Texas communities, where nearly all the health center’s patients are living below 200% of the Federal Poverty Level.

In 2023, HealthPoint delivered care to 46,992 patients through 147,897 visits with 285 full-time equivalent (FTE) employees across its 23 locations. Of the patients who reported their income, 98% are living at or below 200% of the Federal Poverty Level. Capital Fund’s recent source loan will support HealthPoint’s renovations, totaling $9.6 million, at its sites in both Madisonville and Hearne.

In addition to Capital Fund’s loan, funding for these renovations includes a $4.5 million New Market Tax Credits (NMTC) allocation from PNC Bank and a $4 million NMTC allocation from PeopleFund.

Madisonville Site

In 2022, HealthPoint purchased a new building to replace their existing Madisonville site, which operated within a hospital and was prone to flooding. Their new 6,790-square-foot location has not only expanded and enhanced current services, but also increased access to care for the rural Madisonville community. In addition to offering family medicine, obstetrics, and behavioral telehealth service, the new space will allow part-time specialists, such as pediatrics, which has further expanded service offerings and support better health outcomes for patients.

The renovated clinic sits in the southern half of downtown Madisonville, on one of the main thoroughfares of the city.

Hearne Site

Perhaps the largest impact of HealthPoint’s Hearne project, set to be completed in May 2025, will be their new dental services, which otherwise do not exist in the community. Though still under construction, the new 7,680-square-foot site will consolidate and replace two small, leased buildings that have accessibility challenges and are in need of repair. With this renovation, patients will be better served with integrated services—including family medicine, women’s health, behavioral health, pediatrics, chronic care management, internal medicine, and telehealth—under one roof and in an easily accessible, centralized location. The clinic is located in a mostly residential neighborhood about .2 miles from Brookshire Brothers Pharmacy and 500 feet from City Hall and other downtown businesses.

The total project will retain 25 FTE jobs while creating 11 new FTE jobs. The project will also grow HealthPoint’s number of patients, across all 16 full site clinics —up from 14 with the addition of Madisonville and Hearne— from 47,100 in 2024 to 55,705 in 2031—a 8% increase. Visits are also expected to increase by 8%, from 145,014 in 2024 to 171,507 in 2031. With the increased employment opportunities, accessible care locations, and the addition of dental services in an area where they were previously not available, these expansion projects will likely be life-changing for residents of Madisonville and Hearne, Texas.

To learn more about Capital Fund’s loan products please contact Brandon Boyle, Senior Director of Loan Programs, at This email address is being protected from spambots. You need JavaScript enabled to view it..