V-Cap and Self-Help
North Carolina Health Center Initiative
V-Cap and Self-Help are expanding our work together with a new initiative designed to support community health center growth and development across North Carolina.
Through this initiative, we aim to support community health centers as:
Financial institutions investing in community health capital projects
Partners in developing resources
Another voice championing the need for health centers, and health policy, that support quality care for all North Carolinians
Our partnership allows us to bring a unique blend of financial scale, flexibility, and specialization to support health centers across the state.
We launched our initiative in 2021, and we are continuing to meet with health center leaders and other stakeholders to understand priorities as well as opportunities for growth. V-Cap and Self-Help look forward to building an ongoing partnership and platform to support quality community health care in North Carolina.
Healthy Share North Carolina
North Carolina has been historically underrepresented in NMTC investments, and while healthcare projects make up nearly 1/3 of all NMTC transactions, only a handful of North Carolina health centers were funded through this program over the last decade.
One of the goals of our North Carolina initiative is to increase the share of New Markets Tax Credits (NMTCs) invested in health centers across the state. V-Cap’s Healthy Share for North Carolina program aims to increase access of individual health centers to NMTCs for capital projects in 2021-2022 and increase the share of NMTCs invested in health centers across North Carolina over time.
Please contact Jill Scovanner, Director of Health Investment (jscovanner@vitalcap.org), for more information.