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Impact investing for community centers and art spaces

Impact investing for community centers and art spaces

bpham · Sep 18, 2020 ·

Healthcare Anchor Network member UMass Memorial Health Care has announced a seven-year, $500,000 impact investment to Creative Hub Worcester, a proposed arts and events community center. The 40,000-square-foot facility can hold up to 300 people and will include two dance studios and performance space, affordable and accessible art workshops and small studios for artists, three classrooms, a child care center, and a rooftop event space.

“Through our work with them, we learned a lot about how art really does help people from a mental health perspective,” [Creative Hub Co-founder] Marotta said of UMass Memorial Health Care, and a shared belief that such a center can help people live healthier lives by being more active with shared interests and in social environments.

Read the Worcester Business Journal article now

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