UNITEDHEALTH GROUP COMMITS $25 MILLION TO NEW ENGLAND HEALTHY NEIGHBORHOODS FUND.
In a win for environmental justice communities, the UnitedHealth Group announced last July a $25 million commitment to the Healthy Neighborhoods Equity Fund II. The fund, launched by CLF and Massachusetts Housing Investment Corporation, was created to finance inclusive mixed-use developments near public transportation that offer retail, housing, and social services to support healthier communities.
As part of this commitment, three new mixed-income projects are now underway in Brockton, Dorchester, and Hamilton, Massachusetts. The Fund's equity in these properties will help create 102 mixed-income homes. Each development will be transitoriented, energy efficient, climate resilient, and include ground-floor retail space. The Fund is expected to...
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