HealthNet has committed $3 million to support affordable housing and senior living in Sacramento, focusing on projects near the intersection of Stockton Boulevard and Fruitridge Road. A ceremony was held at the site to mark the significance of this donation, which addresses the intersection of the affordable housing crisis and seniors’ need for healthy living spaces. According to the Sacramento Council of Governments, housing affordability is the region’s number one issue. Craig Adelman, of Mutual Housing California, highlighted the impact of the initiative. “The fact is that quality housing and quality support like Mutual Housing provides is demonstrated to provide stronger health outcomes for individual families and communities. So HealthNet recognizes they can lower their costs over the long run by investing in upfront initiatives and infrastructure like this,” Adelman said. The investment will fund phase two of the San Juan Apartments, which will be built next to the existing apartments near Stockton Boulevard and Fruitridge Road. HealthNet’s contribution will also support the region’s “Green Means Go” infill project, aimed at creating more livable and attractive neighborhoods. Additionally, the funds will be used for 70 factory-built senior living spaces developed by Mutual Housing California.See more coverage of top California stories here | Download our app | Subscribe to our morning newsletter | Find us on YouTube here and subscribe to our channel
HealthNet has committed $3 million to support affordable housing and senior living in Sacramento, focusing on projects near the intersection of Stockton Boulevard and Fruitridge Road.
A ceremony was held at the site to mark the significance of this donation, which addresses the intersection of the affordable housing crisis and seniors’ need for healthy living spaces. According to the Sacramento Council of Governments, housing affordability is the region’s number one issue.
Craig Adelman, of Mutual Housing California, highlighted the impact of the initiative.
“The fact is that quality housing and quality support like Mutual Housing provides is demonstrated to provide stronger health outcomes for individual families and communities. So HealthNet recognizes they can lower their costs over the long run by investing in upfront initiatives and infrastructure like this,” Adelman said.
The investment will fund phase two of the San Juan Apartments, which will be built next to the existing apartments near Stockton Boulevard and Fruitridge Road.
HealthNet’s contribution will also support the region’s “Green Means Go” infill project, aimed at creating more livable and attractive neighborhoods. Additionally, the funds will be used for 70 factory-built senior living spaces developed by Mutual Housing California.
See more coverage of top California stories here | Download our app | Subscribe to our morning newsletter | Find us on YouTube here and subscribe to our channel