Innovative $5 million loan program helps Texas safety-net clinics during COVID-19

Innovative $5 million loan program helps Texas safety-net clinics during COVID-19

Member News
Friday, November 20, 2020

Safety-net clinics across Texas are facing potentially devastating financial struggles during COVID-19, but a new emergency loan program developed by EHF and fiscally sponsored by Austin Community Foundation is helping clinics remain open to serve more Texans at risk of going without medical care during the pandemic.

The $5 million Texas Clinic Emergency Loan Fund offers selected federally qualified health centers (FQHCs) and other charity clinics up to $1 million in low-interest loans to help offset reduced revenues from fewer routine patient visits, shifts to telemedicine, increase in uninsured patients, and other additional expenses caused by COVID-19. 

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