Health Net Invests $10 Million in Affordable Housing Fund in Los Angeles County
Health Net, a Medi-Cal managed care plan and subsidiary of Centene Corporation, has invested $10 million in LA4LA's 'Guarantee Fund' to accelerate the construction of affordable and mixed-use housing in Los Angeles County. The fund aims to reduce development timelines and provide more housing options for low-income residents. The investment is expected to improve housing stability and health outcomes for thousands of residents.
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Topics: affordable housing community development healthcare real estate social investment