Capital Fund recently received a $55 million allocation from the CDFI Fund and is excited to begin placing the allocation with Federally Qualified Health Centers.
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Through the NMTC Preparation Program, Capital Fund will support an initial phase of free technical assistance to participating centers offered through its affiliate, Capital Link. In addition, for a select number of centers, Capital Fund will provide grants to support a portion of the cost of a Capital Link engagement agreement to develop the materials needed for a successful NMTC financing.  

Please submit application materials to: This email address is being protected from spambots. You need JavaScript enabled to view it. 

Preliminary Assistance: Initial Capital Link assistance—entirely supported by Capital Fund and free to program participants—will include:

• Group webinar to review and explain the NMTC program and financing process
• Individual discussions with management about the NMTC program
• Assessment of project eligibility

Direct Grant Support: Following the Preliminary Assistance phase, Capital Fund will select 5 – 7 centers for direct grant support to defray a portion of the cost of preparing for an NMTC financing.

Common components supported by grant funding may include:

• A transaction summary, detailing the proposed project and its expected community benefits;
• A full business plan and 7-year financial projections;
• NMTC structuring, including securing leverage debt (if needed);
• Guidance and assistance throughout the closing process.
  
  

Related Webinar: NMTC Financing Preparation - A Closer Look

Tuesday, January 17, 2023 from 4-5 PM EST

Recording | Slides 

This webinar provides an overview of the NMTC program and its benefits, how your health center may qualify and how the program works, and an example of an FQHC NMTC project.