Community Healthcare Expands to Reach Florida's Neediest

28 June 2018

Florida Community Loan Fund provides $6.1 million NMTC and $2.2 million financing for Orange Blossom Family Health new location.

Florida Community Loan Fund (FCLF), a statewide source of flexible financing for community and economic development, has closed $6.1 million in New Markets Tax Credit (NMTC) financing that will enable Orange Blossom Family Health to build a new 11,600 square-foot Federally Qualified Health Care facility in Orlando. The project will provide 134 jobs and serve an additional 5,000 new patients annually in a medically underserved area. FCLF provided an additional $2.2 million in community development financing to the new OBFH project.

A majority of OBFH’s patients are uninsured (70%) and live below poverty level (75%). All patients – including homeless and uninsured – are offered full medical, dental, vision, behavioral health, and pharmacy services, regardless of ability to pay.

This NMTC project is a primary example of FCLF’s emphasis on providing quality healthcare to at-risk populations – including projects such as Central Florida Health Care and Evans Center. OBFH has received support for this project from the City of Orlando and Orange County through the CDBG program.

“Quality healthcare should be available in every community, even for individuals who live outside the economic mainstream,” said FCLF CEO Ignacio Esteban. “Using tools like NMTC, Orange Blossom Family Health is bringing services to an area that had no other medical providers caring for to the uninsured or those unable to pay.”

“As we strive to ensure access to quality health care services for all of our community members regardless of their financial situation, we feel that it is also important that our facilities are attractive, welcoming and state of the art. Our partnership with FCLF is allowing us to build a facility that our patients, staff and community can all be proud of.” – Bakari Burns, President & CEO, Orange Blossom Family Health

Learn more about Florida Community Loan Fund and Orange Blossom Family Health in this article.

FCLF has participated in the NMTC Program since 2004 and been awarded a total of $316 million in NMTC allocation authority from the U.S. Department of Treasury Community Development Financial Institutions (CDFI) Fund. The NMTC Program is designed to attract capital investments into large scale, high priority, locally determined projects statewide.

About Florida Community Loan Fund. Florida Community Loan Fund is a nonprofit, multifaceted financing entity with a 20+ year history of providing flexible capital and expertise to low income communities across Florida. FCLF is nationally recognized for its work as a certified CDFI and CDE through the U.S. Dept. of Treasury and as a member of the Federal Home Loan Bank of Atlanta. FCLF has financed $323 million through 300 loans in Florida, making possible over $940 million in new investments in low-income communities.

Click here to view this Press Release on PRNewswire.
Media Contacts: Janet de Guehery, This email address is being protected from spambots. You need JavaScript enabled to view it., or Lisa Junkerman, This email address is being protected from spambots. You need JavaScript enabled to view it..
Twitter: @FCLFOrg, #FCLF20

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"Without the FCLF initial loan to purchase land, we might not have been able to move forward with farmworker housing." – Peter Routsis-Arroyo, CEO, Catholic Charities, Diocese of Venice

Casa San Juan Bosco

"FCLF has a keen knowledge of Florida challenges & opportunities. We are confident our investment will be used to improve lives." – Kathleen Rizzo Young, Sr. VP, Community Development

HSBC Bank USA, N.A.

"FCLF staff shares our vision and commitment to serve needy families and provide a high quality education to all children." – Thomas Cole, Founder

Emma Jewel Charter Academy

"Our relationship with FCLF provides the capital to achieve long-lasting impact." – Terri Murray, Exec Dir

Neighborhood Renaissance

“We are proud to partner with FCLF on this project, which expands access to innovative, quality, comprehensive primary healthcare in our communities.” – Annie Neasman, President & CEO

Jessie Trice Community Health

"The Fathers Table Foundation appreciates the services FCLF provides and the impact on the communities you serve. We believe in your organization and your mission." – Dan Gilardi, President

Fathers Table Foundation

"Cade Museum is proud to be partners with FCLF and JPMorgan Chase. Thanks to the NMTC Program, we will provide a transformative asset to our community." – Jennifer Denault, COO

Cade Museum for Creativity & Inventi…

“The partnership with FCLF is very exciting for us – an essential component in providing greater access to fresh healthy food in downtown New Port Richey.” – Jeff Wright, Owner

Wright's Natural Market

“Thanks to FCLF adults with disabilities are living independently, fully included in their community." – Sheryl Soukup, Exec Dir

Residential Options of Florida

"FCLF plays a significant role in sustaining vibrant and thriving communities. We are pleased to support your ongoing community based efforts." – Ernie Diaz, South Florida Market President

TD Charitable Foundation

"FCLF demonstrates a mission-oriented philosophy that is compatible and supportive, broadens our platform and deepens our portfolio of products and services." – Kent Adcock, CEO

Habitat for Humanity of Lake-Sumter

"We're thrilled to partner with FCLF to make our project a reality to serve generations of kids in our community." – Dawn Stanhope, President & CEO

Boys & Girls Clubs of Manatee County

"FCLF is a difference maker! Their team provides solutions to bring about real change in a community." – Tim Marks, President & CEO

Metropolitan Ministries

“Thanks to FCLF we’re able to provide brand-new safe, affordable homes for 90 families in a sustainable mixed-use, mixed-income community." – Mitchell Rosenstein, Founder & Principal

Green Mills Group

"Trinity Health is happy to partner with FCLF. We look forward to seeing the impact in the communities you serve." – Sr. Kathleen Coll, SSJ, Administrator, Shareholder Advocacy

Trinity Health

"FCLF has proven its community impact and hard work. We are proud to partner with FCLF." – Leslie Watson, Analyst, Community Investments

Dignity Health

"We consider FCLF a valued partner and strong advocates for low-income communities and families. We look forward to many more years of working together." – Jennifer Westerbeck, Vice President

US Bancorp CDC

"FCLF understood our context, embraced the project vision, and were willing to make an investment that others deemed as too risky." – Lynn Brockwell-Carey, Executive Director

Neighbor Up Brevard

"FCLF understands and is a part of what we are doing: helping families have the American dream of owning a home." – Isaac Simhon, Executive Director

Housing Programs, Inc.

"We appreciate how the work of FCLF primarily benefits low- to moderate-income individuals and areas and supports the needs of our community." – Maria J. Thompson, Community Development Manager

Third Federal Savings

Our Partners

Support from Valley Bank helps FCLF build strong communities.

FCLF Staff are on hand at conferences and events to discuss our programs.

Emma Jewel Charter Academy offers education for the whole child in Brevard County.

FCLF Chief Lending Officer visits with the Executive Director of Neighbor Up (formerly BNDC)

Support from Axiom Bank helps FCLF build strong communities.

Neighbor Up, formerly BNDC, offers affordable housing in Brevard County.

Rep. Ander Crenshaw visited KIPP Jacksonville School

FCLF financing to Housing Programs, Inc. helps provide affordable homes for ownership.

FCLF supporter, the Northern Trust Company, hosted a housing roundtable in Sarasota.

FCLF and the NMTC Program renovated a historic building into a small business incubaor.

Nutritious snacks are a part of the healthy focused curriculum at Emma Jewel Charter Academy.

Support from TD Bank Charitable Foundation helps FCLF build strong communities.

FCLF projects create jobs and stimulate development in low-income communities.

TD Charitable Foundation and TD Bank have supported FCLF's mission since 2006.

The RCRI Conference allows FCLF staff to touch base with our religious supporters.

The duPont Fund used FCLF and NMTC Financing to revitalize downtown Jacksonville.

FCLF staff with Tampa's Chloe Coney at Metropolitan Ministries Tampa.

FCLF Board Members represent our investors, borrowers, and technical experts.

FCLF representatives are ready to talk about your project success.

FCLF Staff meet and greet friends at an FLACDC event.

FCLF staff and US Legislative staff at an event honoring Youth of the Year.

FCLF staff and supporters volunteer at Million Meals event.

FCLF projects create jobs and stimulate development in low-income communities.

Greater Heights offers new, safe, affordable rental homes in what was formerly a high crime area.

Catholic Charities, Diocese of Venice, financed the land for farmworker rental housing with FCLF.

DuPuis Pointe offers affordable, hurricane proof homes in Miami.

FCLF staff are active at statewide conferences and events.

FCLF and NMTC are creating a new facility for the Boys & Girls Clubs of Manatee County

Rep. Daniel Webster visited FCLF staff.

New rental homes are available for farmworker families at Casa San Juan Bosco.

FCLF Financing to Neighbor Up Brevard helps provide affordable rental housing.

Residents at Neighborhood Renaissance's Mathis Place enjoy affordable rent.

FCLF CEO and one of our supporters visit the ASPIRA Arts Deco school.

ASPIRA of Florida offers education & mentoring with a focus on low-income and Latino students.

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