Trinity Health’s Community Investment Program is explored in a new case study. The case study covers the program’s history, design and implementation. The purpose of the program is to support projects, or loan pools, that will reduce social and economic disparities that cause unequal health outcomes for minority and low-income communities. These focus areas include […]
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Investing in affordable housing to improve health
HAN member Kaiser Permanente’s impact investments in affordable housing continues with project in New Mexico and California. In California, Kaiser Permanente has committed $50 million to the SDS Supportive Housing Fund, an innovative real estate impact fund that is seeking to build up to 1,800 financially sustainable permanent supportive housing (PSH) units for people experiencing homelessness in […]
Continue ReadingHealth anchors are vital place-based investors
Healthcare anchors have a unique role to play as investors in their communities to improve community health and well-being, particularly for those impacted by a legacy of divestment and discrimination. Many HAN member health systems have committed to redirecting a portion of their investable assets toward impact investments that are place-based and address community conditions that […]
Continue ReadingKaiser Permanente Thriving Communities Fund
Kaiser Permanente’s Thriving Communities Fund is explored in a new case study. The case study covers the program’s inception and design, strategies employed, partnerships, key stakeholders involved. It also explores several of the program’s projects, including the Housing for Health Fund and the SDS Supportive Housing Fund.
Continue ReadingRush University System for Health Impact Investing Fund
Rush University System for Health’s (RUSH) Impact Investing Fund (“the Fund”) is explored in a new case study. The case study covers the Fund’s inception and design, strategies employed, and key stakeholders involved. In addition, it examines Rush’s partnerships with other local anchor institutions through West Side United (WSU) on place-based investing projects. Finally, it […]
Continue ReadingAnchor institutions focus on policy change for more impact
Healthcare Anchor Network (HAN) members are investing in and supporting affordable housing. One example is Boston Medical Center, Boston Children’s Hospital, and Brigham and Women’s Hospital providing $3 million over three years for housing stability in Boston through the Innovative Stable Housing Initiative (ISHI). In addition to funding and investing support, HAN members are also working to address upstream […]
Continue ReadingHelping Team Members to Purchase Homes
HAN member UC San Francisco partners with Landed, which works with schools and health systems to help employees buy homes through a shared equity down payment program. From the article: “We are thrilled to begin serving UCSF employees and supporting a research university and medical center at the forefront of confronting the public health challenges we face as […]
Continue ReadingHealthcare anchors investing in affordable housing to improve health and well-being
Healthcare Anchor Network member CommonSpirit Health, along with UnitedHealthcare and Aetna, has committed $35 million in financing to launch the Home Matters Arizona Fund for affordable housing projects. The project will invest $100 million in phase one to finance community development and affordable housing projects that proactively foster connected and healthier lives. From the Home […]
Continue ReadingPreserving affordable housing through anchor impact investing
Healthcare Anchor Network (HAN) member Intermountain Healthcare, along with a group of private institutions including the Clark and Christine Ivory Foundation and Zions Bank, created the Utah Housing Preservation Fund with the goal of raising $100 million to preserve subsidized and “naturally occurring” affordable housing. This year, the Preservation Fund helped secure 24 duplexes that will be rehabbed and targeted for rental to Housing Choice Voucher holders who earn less than 30 percent of Area Median Income.
Continue ReadingActions to fight racism and promote equity
HAN member Kaiser Permanente announced a $100 million investment toward addressing systemic racism and lack of economic opportunity that includes $60 million for an inclusive economic development partnership with LISC to help businesses and local economies in Kaiser markets recover from the pandemic and support longer term growth. $15 million in grants will be available to help these […]
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