Fund commits $100 Million to New Funding for Affordable Housing, Health Care

In early November, the Healthy Futures fund — a collaboration of the Local Initiatives Support Corporation (LISC), Morgan Stanley and The Kresge Foundation — announced that after fully funding the pilot initiative started in 2013, it would provide another $100 million to finance affordable housing development, community health centers, and local services that address the social determinants of health in high-poverty areas. The fund takes a community development approach to health. It’s key goals include:

  • expanding access to primary care and other health programs
  • revitalizing commercial corridors and creating jobs in blighted areas
  • developing efficient ways to finance neighborhood revitalization plans.

Read more about the announcement from Business Wire.

Visit the Healthy Futures Fund website to learn more about the funding opportunities.