Integrating Healthcare Sector Investments into Affordable Housing Finance
Local Initiatives Support Cooperation
Charlotte, North Carolina
A 2015 Equality of Opportunity study ranked Charlotte 50th out of 50 cities for economic mobility of children born into low-income families. To address this issue, Local Initiatives Support Corporation will create an innovative capital funding structure to demonstrate that services focused on social determinants, like employment and access to fresh food, can be effectively integrated into affordable housing development efforts. The long-term goal is to incentivize hospitals, insurers and other healthcare partners to invest in housing as a way to improve health outcomes.
Meet the Contract Awardees from Phase Three of The Challenge: