Managed care provider Health Net announced Tuesday it has awarded $31.25 million in grants for housing projects across the state, including several in Los Angeles County, an effort expected to help more than 900 families secure stable housing.<\/p>\n
The grants represent about 84% of the company\u2019s planned $37 million housing investment this year, officials said. Since 2020, the health plan said it has committed about $93 million toward housing and homelessness-related initiatives statewide.<\/p>\n
The funding will support 10 housing developments in Los Angeles, Sacramento, San Joaquin and Stanislaus counties aimed at expanding low-income housing and addressing homelessness, officials said.<\/p>\n
\u201cEvery day we\u2019re reminded that creating a pathway to stable housing is about more than bricks and mortar \u2014 it\u2019s about restoring hope, dignity and opportunity to our neighbors who need it most,\u201d Dorothy Seleski, Health Net\u2019s Medi-Cal president, said in a statement.<\/p>\n
Los Angeles County projects receiving funding are the LA4LA Guarantee Tool program, which received $10 million; The People Concern\u2019s Fountain Apartments development, which received $3.7 million; and Eleos 5637 Broadway project, which received $550,000.<\/p>\n
\u201cThis investment helps us transform lives by advancing innovative housing solutions our communities so urgently need,\u201d Sarah Dusseault, LA4LA lead strategist, said in a statement.<\/p>\n
Health Net, which serves more than 3 million members statewide through its network of providers, said about $6 million remains available for additional housing investments planned for later this year.<\/p>\n","protected":false},"excerpt":{"rendered":"Managed care provider Health Net announced Tuesday it has awarded $31.25 million in grants for housing projects across…\n","protected":false},"author":2,"featured_media":31138,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[94176,94177,5243,1570,1011,53258,48,52,51,47,50,49,45228],"class_list":["post-203079","post","type-post","status-publish","format-standard","has-post-thumbnail","category-los-angeles","tag-31-25m","tag-developments","tag-grants","tag-health","tag-housing","tag-including","tag-la","tag-la-headlines","tag-la-news","tag-los-angeles","tag-los-angeles-headlines","tag-los-angeles-news","tag-projects"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/203079","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=203079"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/203079\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/31138"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=203079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=203079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=203079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}