MassDevelopment has provided an $11.5 million new markets tax credit financing package for Lynn Community Health Inc., which serves more than 33,000 patients on the North Shore.

The health center broke ground in June on a 29,300-square-foot ambulatory care facility, an addition to its current center. The financing will support the first phase of the expansion.

The work includes a $6.5 million tax-exempt bond issued on Lynn Health’s behalf and purchased by Cambridge Savings Bank, New Markets Tax Credit equity, a $3 million grant from Partners HealthCare and brownfields site assessment and predevelopment funds. The project is expected to create more than 100 construction and permanent health care jobs.

"With an average of 400 new patients each month for the last two years, Lynn Community Health needed this project to meet the rising demand for high-efficiency, low-cost care," said MassDevelopment President and CEO Robert L. Culver. "Expanding in Lynn meets not just health needs, but employment needs. This financing puts shovels in the ground and will provide medical care to those who need it most."

The new facility will be a two-story, 29,300-square-foot building with an atrium that connects it to the current center. The addition will contain an expanded walk-in clinic that includes 10 exam rooms and offices for nurses and providers; centralized registration and waiting area, and shell space on the second floor and in the basement for future development.

"MassDevelopment has been an extraordinary partner as we put together the financing for our expansion project," said Lori Abrams Berry, executive director of the Lynn Community Health Center. "There is such a demand for primary care in downtown Lynn, and this expansion will help us meet it by providing space to expand our services and hire more primary care providers."