LISC Closes First HRSA-Guaranteed Loan to Help Long Beach FQHC Expand, Better Serve Low-Income Residents
Local Initiatives Support Corporation
Healthcare, Loan Fund
California
In trying to keep up with the growing health care needs of the community in Long Beach, Calif., Community Medical Wellness Center grew its patient load by more than 150 percent between 2019 and 2021. LISC provided a $7 million loan so the federally qualified health center could acquire its headquarter location, accommodate more patients and expand its mental health services.