Last week, the final competition for Affordable Care Act capital funds was announced with applications due October 12th. This new round of capital funding will not only likely be the last opportunity at capital grant funding for the foreseeable future, it is also only available to those who did not receive funding through the recent Facilities Improvement Program (FIP) and Capital Development (CD) grants – the last two rounds of large capital grants awarded. The guidance and requirements are available on the U.S. Department of Health and Human Services website. The funding will be divided into 2 competitions for community health centers:
- One will provide approximately $600 million to existing health centers across the country for longer-term projects to expand their facilities, hire more employees and serve more patients. The maximum award for these projects will be $5 million.
- The second funding opportunity emphasizes shorter-term projects and will provide approximately $100 million to existing health centers to address immediate facility needs. The maximum award for these projects will be $500,000.
To ensure health centers are prepared to apply for these opportunities, HRSA and Capital Link will be offering a number of calls and webinars for application support and assistance.
- September 14th (Wednesday) at 3pm EDT, HRSA will host a pre-application conference call.
- September 15th (Thursday) at 3pm EDT, HRSA will host a call to discuss the Immediate Facility Needs opportunity.
- September 20th at 2pm EDT, Capital Link will host a webinar (no charge; limited to the first 100 registrants).
- September 22nd at 2pm EDT, Capital Link will host a webinar (no charge; limited to the first 100 registrants)
If you have questions about these capital announcements, contact Joe McKelvey at Capital Link (email@example.com).