Expanding opportunities in America’s cities

Local Initiatives Support Corporation

New York, N.Y.
$2.5 million

Awarded

Committed:
2015

In the second round of funding for the Healthy Futures Fund, the program will target health centers intentionally working to address the social determinants of health through partnerships and community development. Projects will address health issues such as diet and exercise, tobacco use, social and economic factors and physical environment. Dignity Health joined as a lender in this round, which is expected to result in investments in more than 10 health centers and housing developments. The fund was formed in 2012 with support from Morgan Stanley, Kresge and Local Initiatives Support Corporation (LISC) with the goal to improve primary access care in low-income communities. The fund uses both New-Market Tax Credits to invest in Federally Qualified Health Centers, and Low-Income Housing Tax Credits to invest in affordable housing developments with on-site health services.

Area Served

Area Served:
New York, N.Y.