UnitedHealth Group committing $25M to finance construction of over 1,000 homes in Massachusetts

UnitedHealth Group is committing $25 million to the Healthy Neighborhoods Equity Fund II to help finance mixed-use developments in three Massachusetts communities. 

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The fund was launched by the Conservation Law Foundation and the Massachusetts Housing Investment Corp. and was created to finance mixed-use developments near public transit. The fund helps support healthier communities by providing retail, housing and social services within the developments, according to a July 12 news release.

This round of developments are set for Brockton, Dorchester and Hamilton, Mass. The funding will help finance 102 mixed-income homes and 1,000 homes in total.

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