UnitedHealth hits $1B affordable housing investment milestone 

UnitedHealth Group has surpassed $1 billion in affordable housing investments since the company began prioritizing housing developments in 2011.

Through UnitedHealthcare and Optum, the company has helped build affordable and mixed income housing across 31 states and Washington, D.C. using Low-Income Housing Investment Tax Credits, Community Reinvestment Act loans, and direct investments, according to a May 15 news release. 

In total, UnitedHealth has helped to build more than 25,000 homes across the country in urban, suburban and rural settings.

Most recently, the company supported a $24 million redevelopment of a property in East Point, Georgia, which includes 88 affordable housing units for low-income families. Health and social services will be offered nearby from UnitedHealth Group, Atlanta-based Grady Health, and Goodwill of North Georgia.

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.


Top 40 articles from the past 6 months