Becker's Healthcare August 20, 2018
Several factors, including changes in reimbursement, have motivated some hospitals to invest in community housing projects, according to NPR.
In the 1990s, 50 percent of the children in Southern Orchards — near Columbus, Ohio-based Nationwide Children’s Hospital — lived in poverty. Through a partnership called the Healthy Neighborhoods Healthy Families initiative, Columbus, community groups like United Way, and Nationwide Children’s began to invest in the neighborhood’s homes. In 2008, the organizations started renovating vacant homes for resale, building affordable housing and funding renovations for homeowners.
With a $6.6 million infusion from Nationwide Children’s, the $22 million project led to the construction of 58 affordable housing units, 71 renovated homes and 15 new homes. The organizations also gave out 149 home...
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