Our Initiatives

Healthy Futures Fund

What we do

In too many American communities, lack of affordable primary health care is part of the landscape of deficit that eats away at the health and longevity of low-income residents. To help counter this problem, LISC has joined forces with Morgan Stanley and The Kresge Foundation to form the $200 million Healthy Futures Fund (HFF), an initiative to improve community health. Through HFF, we finance the development of Federally Qualified Health Centers (FQHCs) in underserved areas and invest in affordable housing that incorporates health programs for low-income residents. The first $100 million of resources is fully deployed and our partners have committed another $100 million to continue this work.

Brockton Neighborhood Health Center and Vicente's Tropical Market partnered to bring healthcare and healthy food to Brockton, MA.
Brockton Neighborhood Health Center and Vicente's Tropical Market partnered to bring healthcare and healthy food to Brockton, MA.

We recognize that a community’s health outcomes are tightly linked to the physical, social and economic conditions of a neighborhood. HFF works to build cross-sector partnerships that join health care centers with a variety of community partners, including affordable housing providers, to address the gamut of factors that affect the health of low-income residents.

See some of our housing and health center examples.

visit the HFF website

How we do it

The Healthy Futures Fund provides support through equity, loans, grants and technical assistance.

  • Low Income Tax Housing Credit Equity - for affordable housing developments incorporating health care programs and services
  • FQHC Financing Fund - Loans and New Market Tax Credits for health center construction and permanent financing
  • Pre-development financing for health center and affordable housing projects
  • Grants and credit enhancement to support Healthy Futures Fund goals

Contact

Steven Petsos, SVP for Business Development, New Markets Support Company
Email