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BEHAVIORAL HEALTH CAPITAL FUND is sponsored by New Mexico Finance Authority (NMFA). This program provides low-cost capital to small behavioral health clinics in rural and underserved areas of New Mexico. It offers 3 percent loans to non-profit behavioral health care providers.
Successful performance under a Contract-for-Services (providing free or reduced-price services to the sick and medically indigent) can result in 20% of annual principal and interest payments being forgiven.
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Primary Care Capital Fund - New Mexico Finance Authority Primary Care Capital Fund Primary Care Capital Fund The New Mexico Finance Authority provides loans for capital needs to nonprofit primary care clinics located in rural and underserved areas of New Mexico.
Created in 1994, the Primary Care Capital Fund is administered jointly by NMFA and the Department of Health to make loans to nonprofit primary care clinics in rural and medically underserved areas. In 2005, the Legislature broadened the use of the fund to include school-based health centers and telehealth sites as well as broadening the eligibility to include all nonprofit primary care providers.
In 2019, Governor Lujan Grisham signed into law a bill allowing primary care health clinics owned by counties and municipalities to apply for the funds as well. Through partnerships with the New Mexico Department of Health and the New Mexico Health Care Authority on this program, NMFA is able to help clinics meet the medical needs of communities throughout New Mexico. Questions?
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According to the current listing, eligibility includes: Non-profit behavioral health care providers (501(c)3 and other non-profit primary care clinics) in rural and underserved areas of New Mexico. All loans are subject to a Contract-for-Services. Confirm the full requirements in the official notice before applying.
BEHAVIORAL HEALTH CAPITAL FUND is funded by New Mexico Finance Authority (NMFA). Verify program details on the funder's official page before applying.
This opportunity targets applicants in New Mexico. If your organization operates elsewhere, check the official notice for location requirements.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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