Member News

Vail Health Partners with Community Development Entities to Access $63.25M in New Market Tax Credits

View full article at vailhealth.org

Vail Health, Capital One, N.A., Colorado Enterprise Fund, Colorado Growth & Revitalization Fund (a part of Colorado Housing and Finance Authority), Stonehenge Community Development, and Empowerment Reinvestment Fund recently closed a $63.25 million New Market Tax Credit (NMTC) project through the U.S. Department of Treasury Community Development Financial Institution (CDFI) Fund for the construction of the Precourt Healing Center, a 28-bed in-patient behavioral health facility in Edwards, CO.