Healthier California Fund introduction

The Healthier California FundSupporting growth and innovation

for California’s Community Health Centers

More Healthcare for More People

• Leading National Lender to Federally Qualified Health Centers

• Office in Oakland, CA

• Shared mission with FQHCs

• Experience with large and small health center networks

CPCA Ventures Loan Fund

• Created in 1999 with seed funding from The California Primary Care Association. Additional funding provided by Dignity Health

• Loan size up to $1 Million

• 3.175% Interest rate

• Up to 5-year, fully amortizing loans with 6-month interest only period

• Streamlined underwriting process

Supporting Successful Aging

• Launched in 2015 to increase access to quality services for low-income individuals aged 50+

• Partnership with AARP Foundation, AARP, Calvert Foundation

• Loans up to $5 Million

• Below market interest rate

• Individuals can invest directly in the program through a Calvert Foundation Community Investment Note

The Healthier California Fund

Subsidized pricing for innovative projects (interest rates as low as 4%)

Key Features

Financial support for technical assistance

Innovation Incentives

Whole patient care that includes proactively engaging patients and coordinating a range of medical and non-medical services that impact health outcomes

Better leveraging data and technology to improve health care delivery.

Health Care Delivery

Operational Innovation

Technical Assistance

Facility project planning

Project feasibility study

Development of detailed financial

projection

Construction project management during

the development phase

Operations improvement plans

The TA Process

Capital Impact Loan Officer works with health center to determine if assistance is needed.

If approved for assistance, Capital Impact Loan Officer will work with health center to identify TA provider.

Capital Impact engages TA provider directly. At the end of engagement, health center will complete a short evaluation.

Financing Options

Financing Options

500,000 - 6,000,000+$

Sample Transactions

Axis Community Health

Construction of a new 24,000 sq. ft. clinic facility that will double Axis’ capacity, allowing it to serve more than 10,000 additional patients annually

Integrated Behavioral Health model that combines primary care and behavioral health care under a single coordinated system

$6 Million through TCE partnership;

$750 Thousand through CPCA Ventures Fund

South Central Family Health Center

The health center, which has been in the neighborhood since 1981, serves a largely Latino, heavily uninsured population

Ground up construction of the health center’s 4th site will enable them to see an additional 7,200 patients per year

Worked closely with the health center through land title issues and other construction challenges

Questions?

Upcoming Events

Thursday, April 7th8:30AM - 9:30AM

The California Endowment’sOakland Conference Center

1111 Broadway, 7th FloorOakland, CA

Friday, April 1stNoon

CCALAC SymposiumHilton Orange County

3050 Bristol St, Costa Mesa, CA

eNewsletterFact Sheets

Stories & Blog

Stay in Touch!

Ian WiesnerBusiness Development

Manageriwiesner@capitalimpact.org

(313) 230-1116

Will RobisonSenior Loan Officer

wrobison@capitalimpact.org(510) 496-2211

Thank you