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Certified CDFI

Primary Care Development Corporation

Loan fundVerified from lender site on 2 Nov 2026

Loan fund in New York, New York, on the CDFI Fund's list of certified CDFIs (as of 21 Oct 2026).

Type
Loan fund
Based in
New York, NY
Certified
11 Jul 2025
Loan types found
2

At a glance

From its website, read 2 Nov 2026

Primary Care Development Corporation is a loan fund based in New York, New York. Its website describes equipment loans and nonprofit facility loans. Where it lends: Nationwide: community-based health providers across the country. You can start an application online.

Each point is backed by a quote further down this page. Terms change: confirm with the lender.

How to reach them and apply

Apply onlinePage with the application link
Websitewww.pcdc.org
Office (official list)39 Broadway, Floor 31, New York, NY 10006

What their website says about applying

  • We would like the opportunity to help you. Please fill out the form below and we will contact you shortly. source
  • Contact us to learn more about how PCDC creates customized capital financing source

Phone numbers and addresses are the ones on the lender's own site and the CDFI Fund list. CDFI Atlas does not take applications.

Official record

CDFI Fund list, 21 Oct 2026
Institution typeLoan fund
Native CDFINo
Date certified (as listed)11 Jul 2025
RSSD ID— (none listed)
Address39 Broadway, Floor 31, New York, NY 10006 Directions (Google Maps)
Websitewww.pcdc.org

Loans and eligibility

Verified from lender site on 2 Nov 2026

Read from 7 pages of the lender's website on 2 Nov 2026. Quotes are verbatim. Extracted with AI help from the pages listed below and checked automatically against them. Not reviewed by a person. Confidence: medium. Loan amounts on the pages are past deal examples and NMTC project sizes, not stated loan ranges; no product-specific amounts are given. Terms change — confirm with the lender before applying.

ProductAmount statedText on the lender's site (verbatim, incl. menu labels)Page
Equipment loans—Equipment: fixtures, furniture, EHR, tele-technology and mobile capacitysource
Nonprofit / community facility loans—Facility: predevelopment, acquisition, construction, permanent financingsource

Loan sizes

No amounts stated on the pages we read.

Service area

Nationwide: community-based health providers across the country

PCDC is committed to helping meet the capital needs of community-based health providers across the country source

Borrower focus

  • Not stated on the pages we read.

Languages

  • No non-English service found on the pages we read.

Online application

Yes — the site links to an application. Apply for Financing source

Pages read (7)

Questions to ask when you contact them

Based on what their website said when we read it on 2 Nov 2026, and what it left out. Something missing here does not mean they don't offer it: ask.

  1. What are the smallest and the largest loans you make?
    No loan amounts are stated on their website.
  2. What interest rate and fees should I expect on your equipment loans and nonprofit facility loans?
    Their website does not state a rate for this.
  3. Do you need collateral, a business plan or a minimum time in business?
    Their website does not say what they require.
  4. How long can I take to repay?
    No repayment terms are stated on their website.
  5. Do you offer free coaching or help preparing my application?
    CDFI certification requires development services, such as training or advice, alongside lending.
  6. What documents will you need from me, and how long does a decision usually take?
    Their website describes some application steps (above); ask for the full document list.

Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.

CDFI Fund awards

CDFI Fund database, 3 Nov 2026

$20.6 million in 15 awards from the U.S. Treasury's CDFI Fund, 1997–2021 (CDFI Program, Financial Assistance; CDFI Program, Technical Assistance; CDFI Rapid Response Program).

Round yearProgramAmount
2021CDFI Rapid Response Program$1,826,265
2020CDFI Program, Financial Assistance$1,137,500
2019CDFI Program, Financial Assistance$1,029,000
2018CDFI Program, Financial Assistance$950,000
2017CDFI Program, Financial Assistance$776,500
2016CDFI Program, Financial Assistance$1,750,000
2014CDFI Program, Financial Assistance$2,000,000
2013CDFI Program, Financial Assistance$1,347,000
2011CDFI Program, Financial Assistance$1,500,000
2010CDFI Program, Financial Assistance$750,000
2009CDFI Program, Financial Assistance$2,000,000
2008CDFI Program, Financial Assistance$1,000,000
2003CDFI Program, Financial Assistance$2,000,000
1999CDFI Program, Technical Assistance$41,000
1997CDFI Program, Financial Assistance$2,500,000

New Markets Tax Credit allocations

$378 million in 7 allocations. An NMTC allocation is the authority to offer investors federal tax credits for community investments; it is not cash paid to the lender and is not counted in the award total above.

Round yearProgramAllocation
2020New Markets Tax Credit allocation$65,000,000
2019New Markets Tax Credit allocation$65,000,000
2017New Markets Tax Credit allocation$60,000,000
2016New Markets Tax Credit allocation$50,000,000
2014New Markets Tax Credit allocation$55,000,000
2013New Markets Tax Credit allocation$43,000,000
2007New Markets Tax Credit allocation$40,000,000

These are awards and investments made to the institution itself to build its capital and capacity. They are not loans to borrowers, and an award does not mean the lender has money available for a particular loan today.

Source: CDFI Fund Searchable Awards Database, all 12,628 award records (1996–2025), read 3 Nov 2026. Years are the award round as the database lists it. Matched to the official CDFI list by exact name and state; see the method on the About page.

Size of the fund (IRS Form 990)

Fiscal year ending Jun 2023
Total assets$143M
Total liabilities$82.5M
Net assets$60.4M
Total revenue$14.2M
Notes and loans receivable, net (Part X line 7)$75.8M
Program-related investments (Part X line 13)$25,266

End-of-year figures from the Form 990 this organisation filed with the IRS for the fiscal year ending June 2023 (tax year 2022; EIN 13-3711803, filed as “PRIMARY CARE DEVELOPMENT CORPORATION”), taken from the IRS Annual Extract of Tax-Exempt Organization Financial Data (returns processed in 2024). Figures are self-reported to the IRS, not audited by us, and lag one to two years behind today. The lender’s own annual report may show newer numbers. This organisation’s filings on ProPublica Nonprofit Explorer

Filings over time

Fiscal year endingTotal assetsNet assetsRevenueNotes and loans receivable
Jun 2021 (990)$129.3M$55.1M$23.7M$52.9M
Jun 2022 (990)$132M$58.7M$17.2M$52.8M
Jun 2023 (990)$143M$60.4M$14.2M$75.8M

Total assets grew 11% from Jun 2021 to Jun 2023; notes and loans receivable rose 43%. One row per fiscal year in the IRS extracts of returns processed in 2022, 2023, 2024; “—” = the line was empty or zero on that return (a fund can book its loans on other lines).

How it compares

Computed from public data
MeasureThis lenderCompared with
Total assets, latest IRS Form 990$143MLarger than 87% of the 39 other certified loan funds and venture funds in New York with a matched Form 990 (median $12.6M).
How these comparisons were worked out
MeasurePeer group (this lender left out)PeersWhere this lender sits
Form 990 total assetscertified loan and venture funds with a Form 990, in New York39larger than 87%

“Larger than X%” = the share of the peer group with a smaller value. Ranks count from the largest. Peer groups use the lender's home state when it has at least 5 peers, otherwise the whole country. Full definitions: methodology.

For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered. Peer groups and sources: methodology. Form 990 figures: IRS annual extracts (see the Form 990 section).

Other certified CDFIs in New York and New York

All 76 CDFIs in New York

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Source: CDFI Atlas, cdfiatlas.com/lenders/primary-care-development-corporation/. © 2026 CDFI Atlas. Quoting with a link is welcome; republishing the pages or the compiled data is not (terms of use).