Kaiser Permanente, a member of the Healthcare Anchor Network, is further responding to the California affordable housing crises by committing an additional $25 million to California Governor Gavin Newsom’s Access to Housing and Services Fund. The health system has already pledged $200 million in impact investments to support community health, particularly on affordable housing.
“Chronic homelessness has been shown to cut 27 years from the average life span and is associated with communicable diseases such as hepatitis and typhus, increased hospitalizations, and frequent readmissions,” said Kaiser Permanente Chairman and CEO Greg Adams. “Safe and stable housing is key to a person’s physical, mental and social health, so we applaud the governor’s plan to address homelessness. Our investment in the fund aligns with Kaiser Permanente’s overall strategy to preserve affordable housing and prevent displacement of existing residents, while addressing the root causes of homelessness in our communities.”