Health Equity

CVS invests in Phoenix affordable housing project

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.

Morgan Haefner

Monday, March 8th, 2021

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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