Various organizations can provide consultation on facility improvement projects, including government agencies, development corporations, community development financial institutions (CDFIs), and other financial institutions, developers, and experienced Health Center chief executive officers and project managers. Possible sources of consulting services are listed below.
Michigan Primary Care Association
MPCA can provide information and general consultation regarding capital development. In addition, it has entered into an affiliation with The Kresge Foundation to assist in the development of projects meeting its criteria for consideration for funding. For additional information contact Nashia Choudhury at email@example.com or 517.827.0475.
Capital Link has provided planning and capital solutions for hundreds of Health Center building projects since 1998. It is a national nonprofit organization that assists Health Centers and Primary Care Associations in accessing capital for building and equipment purchases by providing extensive technical assistance throughout the entire capital development process, from initial idea through completion of a new facility or implementation of a capital equipment project. Capital Link also provides targeted loans to assist Health Centers in leveraging other sources of capital. Capital Link periodically provides informational webinars as they are available.
For information on working with Capital Link contact:
Mark Lurtz, Senior Director of Marketing & Project Consulting
2158 Roselake Circle, Cottleville, MO 63376
One of America’s leading nonprofit community development financial institutions (CDFI), IFF strengthens nonprofits and their communities through lending and real estate consulting. With more than $270 million of total managed assets, IFF has been a trusted partner in every sector including health care, education, child care, housing and healthy food access.
Since 1988, through our loans and real estate consulting, nonprofits have renovated and constructed more than two million square feet to house their programs and services, and saved millions of dollars in fees and interest that instead contributed to their long-term financial health. IFF continues to strengthen the nonprofit sector and promotes community development finance through public policy and research.
IFF serves the Midwest with offices in Illinois, Indiana, Missouri and Wisconsin. In early 2014, IFF will add an office in Detroit, Michigan.
Click here to learn how IFF can make a difference for your organization, and visit the IFF website for more information.
For additional questions, please contact:
Lucy Tuck, VP Capital Solutions
Local Initiatives Support Corporation (LISC)
The Local Initiatives Support Corporation (LISC) is a national organization dedicated to helping community residents transform distressed neighborhoods into healthy and sustainable communities of choice and opportunity — good places to work, do business and raise children. Community projects include but are not limited to for-sale and rental housing, community facilities (health care facilities, playing fields, schools, and daycare centers), and economic development projects including industrial, office, and retail uses.
LISC mobilizes corporate, government and philanthropic resources to support these projects via creative and flexible financial products, grants and equity investments. In addition, LISC can be a policy resource at the local, state and national level as well as a provider of technical and management assistance for community development groups. After successfully financing the Community Health and Social Services (CHASS) Center project in Detroit and other FQHCs across the country, LISC has a specific interest in financing more community health center projects.
Through a partnership with the Kresge Foundation and Morgan Stanley, LISC manages the Healthy Futures Fund, making $100 million in Low Income Housing Tax Credit and New Markets Tax Credit driven financing available to FQHCs and developers of affordable housing. LISC has a national office for FQHC development.
To view a brochure on some of the services offered by LISC, please click here.
For information, consultation or technical assistance, contact:
Emily Chen, Director of FQHC development (Health Center Financing/Health Futures Fund)
LISC has offices in Detroit and in Kalamazoo serving the outstate area. Click here for more information or contact:
Parrish Consulting is the most established firm in West Michigan specializing in annual fund development. We help nonprofits evolve their fundraising, using a fresh approach that develops an organization’s roadmap and resources for philanthropy.
Our services range from annual fund assessment and database support to fund development coaching and event consulting, as well as capital campaigns, from feasibility studies through campaign planning, execution and completion.
For more information, please contact:
Sandi Frost Steensma
233 E Fulton St, Ste 104
Grand Rapids, MI 49503
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Nashia Choudhury, MPH
Health Center Growth Specialist