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Why These Hospitals Have Promised $700 Million for Affordable Housing and More

Jared Brey

As the links between physical health and community wealth and vitality become clearer all the time, fourteen regional and national health systems are coming together to commit at least $700 million to investments in affordable housing and economic development in the cities where they’re located. The commitment by the Healthcare Anchor Network, a project of the nonprofit research and advocacy organization Democracy Collaborative, will direct the wealth and resources of some of the largest employers in a number of U.S. states to local development projects. The goal of the effort is for health centers to invest in the health of their communities beyond the care they provide inside hospitals, says Dave Zuckerman, director of the Healthcare Anchor Network.