Kaiser to invest $200M in community efforts to reduce homelessness

Oakland, Calif.-based Kaiser Permanente is committing up to $200 million to address housing stability, homelessness and other community needs, the health system announced May 18. 

Through the investment, Kaiser will initially aim to prevent homelessness for lower- and middle-income residents, reduce homelessness by ensuring access to supportive housing and make affordable homes healthier.

"Affordable housing will be a significant focus of Kaiser Permanente's impact investing portfolio to generate housing stability and improve health outcomes," said Bernard J. Tyson, Kaiser Permanente's chairman and CEO. "We hope our commitment creates a broader national conversation on homelessness, and encourages other companies to join with us to advance economic, social and environmental conditions for health."

The healthcare giant plans to share more details on its investments in U.S. communities in the coming weeks.

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