Title
Update on Project #19-08, Horizontal Infrastructure Costs Related to the Construction of a Federally Qualified Health Center, Located at 1620 Virginia Parkway, McKinney, Texas.
Summary
COUNCIL GOAL: Enhance the Quality of Life in McKinney
(5E: Develop sustainable quality of life improvements within the City of McKinney)
MEETING DATE: November 21, 2019
DEPARTMENT: McKinney Community Development Corporation
CONTACT: Cindy Schneible, President
ITEM SUMMARY:
• The McKinney Community Development Corporation approved a project grant application submitted by The North Texas Family Health Foundation for costs related to horizontal infrastructure costs related to the construction of a Federally Qualified Health Center on Virginia Parkway in McKinney in May, 2019. An update on the project will be provided at the meeting.
BACKGROUND INFORMATION:
• MCDC has allocated $1,364,926 to fund community projects eligible for consideration under sections 501 to 505 of the Texas Local Government Code in FY 19.
• Support for community facilities to improve residents’ quality of life, and amenities in east McKinney is a priority of the MCDC board of directors.
• The North Texas Family Health Foundation is a partnership to establish a permanent home for the Family Health Center at Virginia Parkway - a patient-centered facility to provide primary care services (medical, dental and behavioral) to families, children and individual residents of McKinney and Collin County regardless of financial situation or insurance coverage.
• The Family Health Center will also be a training site for educational engagements with Universities and the school District.
• The Family Health Center has been awarded designation as a Federally Qualified Health Center - which is considered to be a measure of excellence in primary care infrastructure.
• FQHC’s serve predominately uninsured or medically underserved patients - but treats everyone. A model that focuses on Medicaid and Medicare patients, with enhanced reimbursement for services provided, helps ensure sustainability.
• The Family Health Center anticipates achieving cost-neutral status within 2019.
• The amount requested represents 12% of the total cost for project, and represent expenses related to site work, utilities, paving, landscape/hardscape and other exterior infrastructure components.
FINANCIAL SUMMARY:
• MCDC approved a grant in the amount of $800,000 for the construction of a Federally Qualified Health Center at 1620 Virginia Parkway, McKinney.