Ronda Kotelchuck, CEO of Primary Care Development Corporation, accepts the NEXT Opportunity Award for PCDC’s national expansion plan.
Mark Pinsky (OFN), Debra Schwartz (The John D. and Catherine T. MacArthur Foundation), Julie Hollishead (The Kresge Foundation), and Lesley Eckstein (Wells Fargo) present the NEXT Opportunity Award to Deb de Santis from Corporation for Supportive Housing in recognition of its plan to expand nationally.
Doug Bystry, President & CEO of Clearinghouse CDFI, accepts the NEXT Opportunity Award for its plan to expand products and services into Nevada.
Debra Schwartz (The John D. and Catherine T. MacArthur Foundation), Mark Pinsky (OFN), Julie Hollishead (The Kresge Foundation), and Lesley Eckstein (Wells Fargo) present the NEXT Seed Capital Award to Eric Weaver from Opportunity Fund.
Primary Care Development Corporation plans to expand its healthcare financing products and services beyond New York State to underserved areas across the U.S.
Corporation for Supportive Housing won for its plan to increase the development of supportive housing across the country.
Clearinghouse CDFI was selected for its expansion of its affordable housing, nonprofit, and community redevelopment financing products into Nevada.
The Primary Care Development Corporation (PCDC) provides affordable capital and technical assistance to community healthcare organizations, and shapes public policies that invest in primary care to strengthen and expand primary care in distressed markets. PCDC plans to expand its capital investment beyond New York State to underserved areas across the U.S. With the award, PCDC plans to create 190 construction jobs, 285 permanent jobs, and expand patient capacity by 175,000 visits over three years.
Opportunity Fund is California’s largest non-profit microlender supporting small businesses and is one of the largest microlenders in the nation. It has made more than 2,370 small business loans totaling more than $25.8 million. Opportunity Fund created and test-marketed their innovative EasyPay loan product with 30 small businesses in Greater Los Angeles. It will use the NEXT Seed Capital Award to expand the program to the San Francisco Bay Area, and throughout California.
Corporation for Supportive Housing (CSH) provides financing and related services to help communities transform how they address homelessness and improve the lives of very vulnerable people. Corporation for Supportive Housing received the Award for its plan to increase the development of supportive housing across the country. CSH plans to expand into an additional 10 large, underserved markets, adding 11,500 new housing units and providing a replicable model for other CDFIs.