DC Co-op Clinic Scheduled for Sept. 6 POSTPONED
NCB Capital Impact is once again sponsoring a one-day “health fair” for members of housing cooperatives. Last year’s Clinic was a big success with over 200 participants from the co-op community. We will bring together over 30 co-sponsors from the co-op housing community to help local co-ops learn how to better manage the financial, legal, and physical aspects of their property. This special event will be held at Bell Multicultural High School in Washington, DC. It was scheduled for Saturday, September 6, 2008; however, due to the risk of severe weather, the event has been POSTPONED. Details will be posted soon. Learn More
NCB Capital Impact Supports Emergency Loan Initiative for Health Centers in California
August 2008: With a California state budget crisis threatening the ability of community health centers to deliver needed services, the California HealthCare Foundation (CHCF) will provide $10 million to a low-interest loan pool designed to ensure clinics are able to provide uninterrupted care. Other organizations contributing to the fund, now at $24 million, include California HealthCare Foundation, Catholic Healthcare West, Sutter Health, California Primary Care Association, Mercy Partnership Fund and NCB Capital Impact. Additionally, NCB Capital Impact is providing loan underwriting, approval, documentation, and servicing. Read the full CHCF press release. Get an Emergency Working Capital Loan Application.
NCB Capital Impact Testifies at the U.S. Senate Special Committee on Aging
On July 23, 2008, Robert Jenkens, Director, THE GREEN HOUSE® Project, testified for the U.S. Senate Special Committee on Aging. Download his testimony here: Person Centered Care: Reforming Services and Bringing Older Citizens Back to the Heart of Society. More information can be found at http://aging.senate.gov/
New Markets Tax Credits Help Finance Green House® Home
The first Green House® Homes to be built in Massachusetts were made possible through an innovative combination of public-private financing and fundraising. NCB Capital Impact and the Massachusetts Housing Investment Corporation deployed $29MM in New Markets Tax Credit allocations to assist the Chelsea Jewish Nursing Home in the development of a $31.4MM innovative skilled nursing development. Read more in our 7/28/08 press release.
NeighborWorks America and NCB Capital Impact Present a Shared Equity Symposium
Experienced community developers, homebuilders, lenders, city housing staff and policy leaders convened in Portland, Oregon on December 12 for a full-day symposium about the endeavors to expand homeownership opportunities for moderate and lower-income families and individuals. Resources from the symposium are now available.
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THE GREEN HOUSE® Replication Initiative
NCB Capital Impact enters a high-velocity phase in the growth and development of THE GREEN HOUSE® Project, a radically new and innovative approach to long-term, skilled nursing care. With grant funding from The Robert Wood Johnson Foundation (RWJF), we are working to replicate the Green House model on a national level - at least one in every state within five years! Organizations interested in becoming a "Green House" should follow the steps outlined on our Information & Workshops web page.
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Photo: ©2006-2007 Shannon Scott