Exciting partnership between V-Cap and NCCHCA to accelerate health center growth, and invest in clinical excellence for North Carolina communities

V-Cap is thrilled to expand our partnership with the North Carolina Community Health Center Association (NCCHCA) in a new joint effort to accelerate health center growth across North Carolina. 

Community health centers are vital to North Carolina communities. Strong health centers provide critical care to our highest need communities and are on the frontlines of attacking North Carolina’s urgent health challenges. 

Compared to other states, North Carolina ranks 12th highest in adult diabetes, 15th highest in maternal mortality, 13th highest in infant mortality and 45th in dental access. However, community health centers currently serve one-third less of the population in North Carolina than is typical in the rest of the country. 

This partnership will help expand the reach and power of community health centers to move health forward across North Carolina.

Together, we will:

• Build a collaborative 3-year pipeline of health center expansion projects across the state, aiming for over $200 million of investment in high-need communities.

• Channel at least $35 million of subsidy to health center expansion projects through the New Markets Tax Credit program, a source of funding for community economic development that has been under-utilized in North Carolina until now.

• Expand technical assistance to help health centers manage a changing environment and meet the evolving needs of their communities. V-Cap commits $200,000 of grant funds through our VitalTA program for technical assistance support. NCCHCA and V-Cap will collaborate to expand this pool.

• Attract new funders and sources of advantageous financing to strengthen health centers across North Carolina.

There is much more to come, as well be sharing more info in the coming weeks. We encourage you to read more about our V-Cap NC work as we embark on this exciting new chapter!