Seventeen Community Development Financial Institutions (CDFIs) that finance community health initiatives have established the Lenders Coalition for Community Health Centers (LCCHC) to press for policies that will strengthen health centers' access to capital and CDFIs' ability to finance community health center growth. The LCCHC was launched on October 15 at the annual Opportunity Finance Network conference in Philadelphia.
"CDFIs play a critical role in helping community health centers obtain affordable capital to strengthen their capacity and expand their facilities. But CDFIs need greater resources and policies to finance rapid growth of community health centers," said Allison Coleman, Chair of the LCCHC Steering Committee and CEO of Capital Link. "The LCCHC will educate policymakers about issues that impact health center growth, financial stability and access to capital, and advocate for policies and resources that enhance CDFIs' ability to foster community health center expansion."
For the complete press release, visit http://lcchc.wordpress.com/news/