HAN member Advocate Aurora Health developed a pilot program to provide individuals returning from the criminal justice system who reside in the communities it serves with equal access to employment opportunities. The health system hired 22 individuals in the past year and provided individualized support to help them adapt to the workplace and remain in their jobs. […]
Continue ReadingTrinity Health’s Place-based Investment Overview
Community Investment Program overview
Continue ReadingProvidence’s Place-based Investment Tools and Templates
Standard form documents templates (the contract created between the lender and borrower) Form of Line of Credit Agreement Form of Loan Agreement Form of Promissory Note (used with Loan Agreement) Form of Deed of Trust Form of Guaranty Agreement Form of Environmental Indemnity Agreement Community Investment Brochure: Document that provides information to interested borrowers Community Investment Fund Pre-qualification Scan Community Building Initiative PowerPoint […]
Continue ReadingCommonSpirit Health’s Place-based Investment Tools and Templates
Loan Application: The applications that an interested party would complete requesting a direct loan. Example applications for housing providers and businesses and intermediaries. Financial Monitoring Templates: Analyses tools or “metrics” to evaluate a potential borrower’s current financial condition and future repayment projections based on cash flow. Examples for cash flow projection and financial summaries. Credit Memo Template: Internal document for preparing the […]
Continue ReadingKey Place-based Investment Resources
In Pursuit of Deeper Impact: Mobilizing Capital for Social Equity Authored by Katherine Pease and Sarah Thomas, this paper argues that conventional impact investment strategies do not have systemic impact, because they fail to incorporate an analysis of the root causes of inequality and still tend to prioritize the needs of investors over the needs […]
Continue ReadingAnchor Mission Adoption: Increasing Investments
New HAN member Memorial Hermann Health System, one of the largest employers and the largest healthcare provider in Greater Houston, announced a multi-million dollar place-based investment strategy focusing on housing instability, food insecurity, transportation, access to health care, income, and employment in neighborhoods in Southwest Houston and Greater Heights. From Newswise: “Each year, Memorial Hermann invests millions back into […]
Continue ReadingHAN Fall Convening an Opportunity to Learn From Peers
HAN’s fall convening was held in October and we discussed opportunities for anchors to partner with cities and states to form meaningful solutions to meet the needs of the Americans experiencing economic insecurity daily within the context of the evolution of the racial equity frame as a guiding principle. We also heard from HAN member CFOs […]
Continue ReadingThe Meaning of Anchor Mission
HAN member UMass Memorial Health’s Douglas Brown shares how the health system is leveraging economic power to address economic and racial inequities to improve community health, which included anchor mission goals being incorporated in its affiliation agreement with Harrington Hospital. From the article: The answer lies in the different conditions of life in these two neighborhoods. In one, a quarter […]
Continue ReadingGoing Solar to Improve the Environment & Health
HAN member Intermountain Healthcare announced a major step it is taking towards sustainability by joining a utility-scale solar project that will supply 20 percent of the health system’s total electricity needs for the next 20 years. Intermountain Healthcare includes sustainability as a fourth pillar of its anchor mission strategy. The health system was an early signatory to HAN’s Impact Purchasing […]
Continue ReadingAllegheny Health Network
HAN is excited to have Allegheny Health Network join us. The health system serves 29 Pennsylvania counties and portions of New York, Ohio, and West Virginia. AHN has 14 hospitals and approximately 19,000 employees and 2,000 volunteers.
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