Health Net Invests $10 Million in LA4LA's Guarantee Fund to Accelerate Affordable Housing Development in Los Angeles County
Health Net, a Centene Corporation subsidiary, has invested $10 million in LA4LA's 'Guarantee Fund' to expedite the construction of affordable and mixed-income housing in Los Angeles County. The fund provides subsidies to housing developers to secure financing quickly, aiming to reduce start-up times and provide housing for low-income and unhoused residents. The investment is expected to support thousands of Angelenos with stable housing and improve health outcomes.
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Topics: affordable housing community investment homelessness partnership social responsibility