HAN member Hawai‘i Pacific Health made its first place-based investment with a $1 million loan to Hawai‘i Community Lending, in partnership with The Harry and Jeanette Weinberg Foundation.
The funds will support Hawai‘i Community Lending, a nonprofit community development financial institution, to assist 900 low-income families purchase homes over the next 3 years. Despite being able to financially make regular loan payments, these local residents cannot qualify for loans from conventional banks. The group has a particular focus on working with Native Hawaiian and rural families.
From the article:
“At Hawai‘i Pacific Health, we believe health starts where we live, learn, work and play, said Michael Robinson, vice president of government relations and community affairs. “We also recognize that improving factors outside of the medical care system that impact how healthy, or unhealthy, we are requires engagement beyond our traditional hospital boundaries, specifically in the areas of food system development, affordable housing, economic empowerment and education through holistic child development and family educational attainment.”