HAN member Dartmouth Health participated in a webinar on how place-based investing can support affordable housing and workforce development. The health system has provided $5 million of investment in the New Hampshire Community Loan Fund to support affordable and safe housing, including for Resident Owned Communities (ROCs).
From the webinar:
I first got involved with impact investing through my job as Treasurer at Dartmouth Health and was asked to join a group that we had formed at the hospital that was working with an organization called the Healthcare Anchor Network that has been established to help hospitals think about how they can use their economic power so to speak to promote local economies that sustain healthy communities in areas like hiring, purchasing, and investing. I was eager to learn and and see what they had to offer and it was through that group that they connected me with the New Hampshire Community Loan [Fund].
– Michael Waters, Treasurer, Dartmouth Health
See also: HAN case study on Dartmouth Health’s innovative multi-sector programs and partnerships to build a sustainable talent pipeline.