HAN member Nemours Children’s Health is engaged in place-based investing with the Kingwood Community Center in Wilmington, Delaware’s Riverside neighborhood, providing a loan of at least $10 million to accelerate the community center’s construction.
From the PBS/NPR WHYY story:
“Having [Nemours Children’s Health] directly in the Riverside community with access to a couple hundred children in the building each day, with 800 new homes over the next several years in the community, you’re going to have the foot traffic,” [Logan Herring, who runs both Kingswood and the WRK Group overseeing Riverside’s revival] said.
Herring said he’s gratified to have Nemours as both a financial and health care partner, calling both critical elements for Riverside’s rejuvenation.
“Riverside is filled with potential, and with investments like this, we are building a future where every child, every family, has the opportunity to thrive,” Herring said. “This is not just about health care. It’s about hope, progress and building the foundation for generations to succeed.”