Stonehenge Community Development, LLC, Invests $8.5 Million in North Carolina Central University, a Historically Black University in Durham, NC
COLUMBUS, Ohio, Feb. 29, 2024 /PRNewswire/ -- Stonehenge Community Development, LLC, in partnership with U.S. Bancorp Impact Finance (USBIF), will invest $8.5 million to enable North Carolina Central University (NCCU) to enhance critical medical care at a new community health center in Halifax County, NC.
- The investment, part of a $10.5 million commitment in conjunction with the U.S. Treasury's Federal New Markets Tax Credit Program, will be the federal program's first such investment in a North Carolina Historically Black College and University (HBCU).
- With this project, NCCU will address health disparities and clinical care inequalities throughout the state by creating two innovative entities: Academic Community Health Centers and Rural Health Hub.
- The Academic Community Health Centers will provide hands-on teaching and learning opportunities for NCCU students, the surrounding communities, and partner organizations.
- Stonehenge Community Development's partnership with USBIF and NCCU will provide expanded educational resources and learning opportunities for North Carolina's underserved residents.