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2023 Non-Metro QLICI of the Year Award Recipient

Lauderdale Community Hospital

CDEs: CCG Community Partners, LLC; DV Community Investment, LLC; Hope Enterprise Corporation

Developer: Rural Hospital Group, LLC

Owner: Lauderdale Community Hospital

Location: Ripley, TN


An aging hospital in rural Ripley, Tennessee, will receive significant upgrades for patients and staff due to new markets tax credits (NMTCs) allocated by three CDEs. DV Community Investment LLC ($9 million in NMTCs), Hope Enterprise Corporation ($8 million) and CCG Community Partners, LLC ($5 million) helped support the construction of a new, state-of-the-art Lauderdale Community Hospital, the Novogradac Journal of Tax Credits Community Development Nonmetro QLICI of the Year. The upgraded hospital will feature improved and expanded services including emergency cardiac and pulmonary rehabilitation, surgery services, radiology, laboratory, physical rehabilitation, acute care and respiratory care in a medically underserved, severely distressed region.

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