CVS Health is building 60 units of affordable housing in Phoenix as part of its $600 million commitment to address racial inequity and social determinants of health in Black communities, the company said March 4.
Through the project, CVS will spend $12.4 million to build the units in south Phoenix, where 79 percent of residents are Black or Latino. Additionally, CVS will expand its program Project Health in the area, which is a free preventive health screening program.
The investment is in addition to CVS' housing project in Columbus, Ohio. CVS said it is investing $13.7 million to help renovate 230 low-income housing apartments in Columbus.
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