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Dayton Reporter

Wednesday, December 25, 2024

Turner Celebrates Supporting $2.3 Million in Federal Funds, Key Tax Credits For Five Rivers Health Centers

DAYTON, OHIO – On June 27, Congressman Mike Turner (OH-10) held a press conference at the Five Rivers Health Centers Edgemont campus to discuss his efforts to support $2.3 million in federal funding for the center. Congressman Turner was joined by Five Rivers Health Centers CEO Gina McFarlane-El.

“The number of federal dollars that travel through Five Rivers is extraordinary, and their custodial aspect of that, how they turn those dollars into impact in our community, is a great story of success," said Congressman Mike Turner. “As a community health center, they have received over $24 million in federal funding since 2020. And in part, to achieve this redevelopment, they included $9 million of new market tax credits. So, these are all federal programs that I support that have a great impact on our community when we have people who are successful and know what to do with them. That's why I'm very thankful to be able to congratulate and thank Gina McFarlane-El for her work here and really throughout the region.”

“We just want to say thank you to Congressman Turner for coming," said Five Rivers Health Centers CEO Gina McFarlane-El. "We are just beyond excited to have your support, not just for the federal dollars, but for your verbal support of all the requests that we've made of your office.”

Background:

Since the start of 2020, Five Rivers Health Centers has received over $24 million in federal funding.

Since the start of 2023, Congressman Turner has supported the Health Center in receiving $2.3 million in federal funding.

Five Rivers Health Centers has also received over $9 million in critical New Market Tax Credits in the last three years. Through the support of Congressman Turner, these tax credits and funding allowed Five Rivers Health Center to expand its reach and provide accessible and affordable healthcare to West Dayton via the development of the Edgemont Health Center Campus. 

Congressman Turner is a cosponsor of the bipartisan New Market Tax Credit Extension Act of 2023, which makes the federal New Market Tax Credit Program permanent. This key tax credit benefits economically distressed communities by attracting private capital by providing investors with federal tax credits. Currently, the program is set to expire at the end of 2025.

Original source can be found here.

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