Kaiser Permanente recently announced that it would double its investment in affordable housing from $200 million to $400 million. The investment increase will be made to the company’s Thriving Communities social impact investment fund, which focuses on investments that address community health needs in Kaiser regions and prioritizes investments in affordable and supportive housing. By doubling its investment in affordable housing, Kaiser Permanente expects to create or preserve 30,000 units of affordable housing by 2030.
“Kaiser Permanente views impact investing as a meaningful way to support healthy, financially strong communities, where all people can keep a roof over their heads, put food on the table, get the medical care they need when they need it, and lead the lives they want to live,” said the company in a press release.
The new investment was the subject of a recent episode in a podcast series by NLIHC’s Opportunity Starts at Home (OSAH) campaign. The episode features Lisa Hershey from Housing California and Angela Jenkins from Kaiser Permanente. Throughout the episode, the two guests explore the intersections of housing and health and discuss the ways new cross-sector relationships and innovative approaches to housing are playing out in California.
Read the press release issued by Kaiser Permanente about the new investment here.
Listen to the OSAH campaign’s podcast episode here.