Kaiser Permanente Invests In Housing Complex

Integrated managed care organization Kaiser Permanente (Kaiser) recently invested $5.2 million into an affordable housing complex in Oakland, California. The funding comes as the first of what the organization announced last year would total to $200 million in funding for initiatives aimed at battling housing insecurity and homelessness.

The Oakland-based facility will preserve 41 living units in an area where some residents may be at risk for displacement due to rising costs that result from regional redevelopment. According to Kaiser leadership, this comes as part of a strategy to focus on preserving living units instead of constructing new . . .