Some hospitals and healthcare providers are partnering with affordable housing developers to connect housing to health services and create more affordable housing for hospital workers.
Affordable housing developers are partnering with healthcare organizations to build affordable housing that provides access to health facilities.
As Patrick Sisson explains in The New York Times, “health care systems are increasingly starting to see benefits in building affordable and safe housing, from the improved health of local communities to how much managed care groups benefit financially from those healthier populations.” In Oakland, California, Kaiser Permanente is investing $400 million to support the construction or preservation of 30,000 housing units by 2030.
Sisson adds, “This type of long-term capital, usually in the form of low-cost loans, has become even more valuable during a period of higher interest rates, financial uncertainty and rising costs for builders.”
A new Medicare pilot program could help boost this type of partnership. The 1115 waiver allows some health care providers to use Medicaid funds for housing. Like churches, hospitals also have an advantage: land they already own. “Boston Medical Center and Trinity Health both have plans to build affordable housing complexes on their own properties.”
FULL STORY: In Hospitals, Affordable Housing Gets the Long-Term Investor It Needs
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
The state-sanctioned urbicide of Austin
People don’t kill cities. Freeways do.
US to reduce Colorado River water deliveries to Mexico
A new Colorado Treaty amendment reduces Mexico’s Colorado River water allocation by 250,000 acre feet.
5 New England states march closer to 800 megawatt wind energy project
Securing federal approval for the project may be complicated under the Trump administration, which has historically been hostile towards domestic wind power.
Baltimore to break ground on $50 million Transit Priority Project
The project will bring faster bus trips, safer streets and better bike connections to Baltimore.
Airbnb launches $250 million 'last-dollar financing' housing accelerator, makes first investment in Austin
The company will put $6.4 million towards affordable housing development in Texas’ capital.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
Eagle County Government
Harvard University Graduate School of Design
Nashville Planning Department
The Architects Foundation
University of Cincinnati Online
The Pocatello Development Authority
The Urban Renewal Agency of the City of Pocatello
Journal of the American Planning Association