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Healthcare Anchor Network

a growing national collaboration of 65 leading healthcare systems building more inclusive and sustainable local economies

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Investing in affordable housing to improve health

bpham · Aug 26, 2021 ·

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 […]

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Health anchors are vital place-based investors

bpham · Jul 29, 2021 ·

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 […]

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UMass Memorial Health Care Community Investing Program

bpham · Jul 1, 2021 ·

UMass Memorial Health (UMMH)’s Community Investing Program is explored in a new case study. The case study covers the program’s inception and design, strategies employed, and key stakeholders involved. It also discusses several of the program’s projects, including Worcester Common Ground (WCG), Creative Hub Worcester (CHW), the Finally Home Fund, and the Tiny Home Village.  […]

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Anchor institutions focus on policy change for more impact

lworth@democracycollaborative.org · Apr 28, 2021 ·

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 […]

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Helping Team Members to Purchase Homes

bpham · Oct 23, 2020 ·

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 […]

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Healthcare anchors investing in affordable housing to improve health and well-being

lworth@democracycollaborative.org · Aug 21, 2020 ·

This Native American Connections property in Phoenix is an example of the type of project the Fund is looking to finance

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 […]

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Preserving affordable housing through anchor impact investing

lworth@democracycollaborative.org · Aug 14, 2020 ·

Intermountain hospital

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.

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Actions to fight racism and promote equity

bpham · Jun 26, 2020 ·

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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Kaiser Permanente pledges $25 million to California Access to Housing and Services Fund

lworth@democracycollaborative.org · Jan 22, 2020 ·

Kaiser Permanente, a member of the Healthcare Anchor Network, is further responding to the California affordable housing crises by committing an additional $25 million to California Governor Gavin Newsom’s Access to Housing and Services Fund. The health system has already pledged $200 million in impact investments to support community health, particularly on affordable housing.

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Health Collaborative Invests Millions in Dire Communities

bpham · Jan 8, 2020 ·

In addition to providing quality healthcare, these hospitals and health systems are investing in safe and affordable housing, equitable economic development, small and diverse business development, and other strategies for addressing the social determinants of health. They are also rethinking how to align, leverage, and deploy their human resources and power to create a local economic eco-system […]

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