Big business funding for affordable housing

 Microsoft invests $500 million in local affordable housing

  • To address homelessness and accelerate construction in Puget sound region
  • Provide below-market-rate loans
  • $25 million in grants will be awarded to organizations addressing homelessness in Seattle area
  • Work to develop public policy changes that will be needed to provide more affordable houses

 

How can big business dollars be used to get at the roots of SDoH inequities?

Is this progress?

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  • **in the same vein as the previous article 

    Kaiser makes first investments from $200 million affordable housing fund

    https://nonprofitquarterly.org/2019/01/18/kaiser-makes-first-invest...

    • Kaiser is working with community and government partenrs to create a plan that will work with individuals are are particularly vulnerable
    • Thriving Communities Fund - East Oakland
    • Kaiser commited to house more than 500 people living in Oakland who are 
      • over 50 years old
      • homeless
      • have atleast 1 chronic health condition
    Kaiser Makes First Investments from $200 Million Affordable Housing Fund
    Kaiser Permanente, the nation’s largest nonprofit integrated healthcare system, is investing $200 million in housing to better address some of the so…
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