Nonprofit News

Kaiser Permanente Puts $200 Million Into Low-Cost Housing

By May 22, 2018 No Comments

Chronicle of Philanthropy | May 18, 2018

Rather than financing a new hospital wing or a cancer-treatment center, Kaiser Permanente’s latest investment is aimed at putting a roof over people’s heads.

The nonprofit health-care giant, which runs hospitals and health-care centers in eight states and D.C., today said it created a $200 million impact-investing fund to address housing. Citing affordable housing as a key factor in maintaining good health, the company will steer money in the fund to projects designed to reduce homelessness and assist people having trouble affording a house or apartment

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