In 2024, Camarena Health unlocked a new level of impact through the New Market Tax Credit (NMTC) program—a strategic financial tool designed to drive investment in underserved communities. For the first time in our history, we leveraged this powerful funding mechanism to accelerate the development of our Los Banos facility.
By securing $24.5 million in NMTC allocations, we transformed what could have taken years of financing into a project completed in under 12 months. The result wasn’t just a new building—it was a wave of economic and health benefits that will serve the region for years to come.
Investing in Community Impact
The NMTC investment went far beyond construction speed. It:
Generated local job opportunities and embedded job training.
Ensured living-wage employment during and beyond the build.
Positioned Camarena Health to expand access to healthcare in a region that needs it most.
"Securing NMTC funding was a critical milestone in our mission to expand healthcare access. This investment not only accelerated the development of our Los Banos facility but also delivered economic and health benefits to an underserved region.”
By The Numbers
Building the Future of Care in Los Banos
The Los Banos expansion is more than a new facility—it’s a commitment to ensuring that every family has access to the care they need, close to home. By pairing innovative financing with our mission-driven approach, Camarena Health continues to break down barriers and build healthier communities.
To read more impactful stories from this years annual report, click here.
