
Vgmhc Holdings Inc
Virginia Garcia Memorial Health Center provides high quality, comprehensive and culturally appropriate health care to those who need it most in Washington and Yamhill counties. VGMHC HOLDINGS, INC. (HOLDINGS) WAS FORMED IN 2024 AS A PUBLIC BENEFIT CORPORATION TO EXCLUSIVELY BENEFIT THE CENTER. HOLDINGS WAS ESTABLISHED AS PART OF A NEW MARKETS TAX CREDIT (NMTC) TRANSACTION FOR THE CENTER'S NEWBERGWELLNESS CENTER PROJECT. THE NMTC PROGRAM IS A FEDERAL SUBSIDY PROGRAM FOR ECONOMIC DEVELOPMENT OF DEPRESSED AREAS. THE NMTC PROGRAM IS DESIGNED TO STIMULATE THE FLOW OF INVESTMENT CAPITAL INTO UNDERSERVED AREAS BY PROVIDING TAX CREDIT INVESTMENT IN A "LOW INCOME COMMUNITY," WHICH IS CLAIMED OVER A SEVEN YEAR CREDIT COMPLIANCE PERIOD. ON FEBRUARY 8, 2024, THE CENTER CLOSED A NMTC TRANSACTION OF APPROXIMATELY $25.2 MILLION TO DEVELOP ITS NEWBERG WELLNESS CENTER.

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Virginia Garcia Memorial Health Center - Virginia Garcia Memorial Health Center Virginia Garcia Memorial Health Center Providing high quality health care for those who need it most Let us guide you through your optimal health and wellness options. Find the provider or clinic near you. Choose from one of our 18 locations Our story and why we do what we do. Get to know us better.
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Virginia Garcia is expanding its capacity to accommodate more patients. We are honored to be the designated providers for numerous residents in Washington and Yamhill County, Oregon, and are eager to welcome them. Our team is diligently working to hire additional providers, optimize our workflows, and devise strategies to continue serving our patients and embrace those in need of care.
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