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Authority Approves Three New AHAP Loans Totaling $390,000

The Arizona Health Facilities Authority has approved three new Arizona Health Assistance Program loans. The loans were made to three diverse providers of essential health care services in Arizona. Since its inception, the AHAP program has awarded nearly $1.5M in low interest loans across Arizona.

 

Concilio Latino de Salud (CLDS) is a non profit organization providing health education and disease prevention services to the Hispanic/Latino and other ethnic minorities in Maricopa County. CLDS received a grant from the Arizona Department of Health Services to provide Syphilis Elimination Outreach and Tobacco Cessation Intervention. The grant was made in the form of an expense reimbursement contract. The Authority's $40,000 loan was utilized to provide bridge funding to facilitate operations while awaiting reimbursement from the Department of Health Services.

 

River Cities Community Clinic (RCCC) is small, rural, non profit primary care clinic serving Bullhead City and the surrounding areas. RCCC is in the process of securing designation from the Bureau of Primary Health Care as a Federally Qualified Health Center Look-Alike. This designation will provide RCCC with a variety of benefits designed to improve the delivery of primary care services to underserved populations. These include enhanced prospective payments for Medicare and Medicaid patients and access to discounted pharmaceuticals. The Authority's $100,000 loan was utilized to fund the bridge operational expenses during this designation process.

 

Mountain Park Health Center (MPHC) is a large, urban, federally funded non profit community health center serving a large section of South Phoenix, and contiguous areas in the east and west valley. MPHC intends to relocate its existing Maryvale Clinic to a new location that will provide additional exam rooms, patient parking, enhanced access to public transportation and a more efficient and patient friendly design. The $250,000 AHAP loan is one part of an anticipated total financing of nearly $5M. In addition to the use of reserves, MPHC anticipates receiving $3.8M in the form of a new market tax credit loan.

 

The Authority is committed to maintaining this self sustaining, revolving loan fund as an integral component of a system designed to leverage public and private resources for the development of essential health care services. Additional information on the AHAP loan program is available under the small loan section of this website or by contacting Blaine Bandi at (602) 375-2770.