““We are excited to see the AFL-CIO HIT, through its subsidiary Building America CDE, expand its investments in Minneapolis through its allocation of New Market Tax Credits to the new One Southside FQHC in the East Lake Street corridor
of the city. The One Southside project will greatly improve access to critical
healthcare services for Minneapolitans in need while creating union construction jobs for our skilled workforce.” ”
One Southside - Minneapolis, MN
Allocation: $5.0M | TDC: $28.0M | Union Construction Jobs: 106 | Permanent Jobs: 122 | Total SF: 30,950
Building America CDE is helping to finance the $28.0 million new construction of the One Southside project in Minneapolis, MN. The new 30,950-square-foot Health Center Facility will allow Southside, a Federally Qualified Health Center (FQHC), to provide affordable access to primary medical, dental, vision, imaging, and behavioral health care to low-income individuals in Minneapolis’ East Lake Street Corridor, a medically underserved community. The state-of-the-art building will allow Southside to grow its patient base and extend hours of operations, while expanding and providing services such as a diagnostic laboratory, radiology, and a mammography suite, centralizing comprehensive service offerings in one
location.
Southside Community Health Service, Inc, the project sponsor, is a Minnesota not-for-profit corporation. This new facility will allow Southside, currently operating from two small inadequate facilities, to centralize their services and serve over 19,500 unique low-income patients and a total of approximately 67,600 patient visits annually.