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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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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

bpham · 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

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

bpham · 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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HAN Members are Investing in Communities and the Future Generation

bpham · Dec 6, 2019 ·

Bon Secours Mercy Health was one of 14 Healthcare Anchor Network (HAN) members that announced commitments of over $700 million in impact investing in November 2019. This Reuters article covers the health system’s investment partnership with Maggie Walker Community Land Trust to build permanently affordable homes in Richmond, Virginia—and the lives this investment has impacted.

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Why These Hospitals Have Promised $700 Million for Affordable Housing and More

bpham · Dec 3, 2019 ·

As the links between physical health and community wealth and vitality become clearer all the time, fourteen regional and national health systems are coming together to commit at least $700 million to investments in affordable housing and economic development in the cities where they’re located. “I think hospitals and health systems are really well poised […]

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‘Good neighbors’? U.S. hospitals invest in land, housing to treat crisis

bpham · Nov 21, 2019 ·

This month, Bon Secours was one of 14 healthcare systems across the United States that committed to over $700 million in “place-based” investments, with a primary goal being the development of affordable housing. They are all part of a group called the Healthcare Anchor Network (HAN), a project of the Washington-based research group Democracy Collaborative.“It […]

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Health System Leaders Announce over $700 Million in Investments to Address Health, Housing & Economic Inequalities through Community Wealth Building

bpham · Nov 19, 2019 ·

HAN CEO convening - investment commitment signatories

Fourteen hospitals and health systems, including national health systems and regional systems, that are the largest private sector employers in California, Utah, and Wisconsin, along with others that are also among the top 20 largest employers in their states, announced a commitment of over $700 million for place-based investing to create strong and healthy communities.

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Hospitals to Help Tackle Economic Drivers of Health Disparities

bpham · Nov 16, 2019 ·

The national campaign marks the first time that a number of large health systems—such as RWJBarnabas Health in New Jersey, UMass Memorial Health Care in Massachusetts, Advocate Aurora Health in Wisconsin, and Intermountain Healthcare in Utah—have collectively pledged to make such impact investments. Kaiser Permanente plans to make one of the largest, at $200 million, to help […]

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