Skip to main content
Default Image

'Good neighbors'? U.S. hospitals invest in land, housing to treat crisis

Community land trusts are on the rise across the United States as cities look for ways to ease an ongoing crisis of affordable housing. But the Maggie Walker land trust in Richmond, Virginia is unusual in how it was created: It was funded in large part by a hospital system, Bon Secours Mercy Health. This month, Bon Secours was one of 14 healthcare systems across the United States that committed to over $700 million in “place-based” investments, with a primary goal being the development of affordable housing. They are all part of a group called the Healthcare Anchor Network (HAN), a project of the Washington-based research group Democracy Collaborative.

Publication date: 2019-11-21
Parent publication: Reuters
Publication URL: https://www.reuters.com/article/us-usa-housing-healthcare/good-neighbors-us-hospitals-invest-in-land-housing-to-treat-crisis-idUSKBN1XV125

More related work

Default Image

Healthcare as a public service: Redesigning U.S. healthcare with health and equity at the center

The Veterans Health Administration—the country’s only fully public, integrated healthcare system—has a lot to tell us about how a national healthcare service for the United States might operate.

read more
Default Image

Preston is putting socialist policies into practice

Labor movements must pursue a social and economic vision that can address the deep structural inequalities these pandemic years have exposed. Preston gives a glimpse of the exciting possibilities that collaboration with unions could achieve.

read more
Default Image

This must be the year of climate action—we've wasted so many

The climate issue has grown too large and devastating to ignore. We need the demand for action raised to the highest decibel our civil society can generate.

read more