{"id":55804,"date":"2023-04-13T19:05:16","date_gmt":"2023-04-13T17:05:16","guid":{"rendered":"https:\/\/pharma-trend.com\/en\/humana-announces-additional-40-million-investment-in-affordable-housing\/"},"modified":"2023-04-13T19:05:16","modified_gmt":"2023-04-13T17:05:16","slug":"humana-announces-additional-40-million-investment-in-affordable-housing","status":"publish","type":"post","link":"https:\/\/pharma-trend.com\/en\/humana-announces-additional-40-million-investment-in-affordable-housing\/","title":{"rendered":"Humana Announces Additional $40 Million Investment in Affordable Housing"},"content":{"rendered":"<div>\n<ul class=\"bwlistdisc\">\n<li>\n<i>Latest round of funding raises Humana\u2019s total financial commitment for affordable housing to $90 million, increases scope of national program to include additional communities.<\/i><\/li>\n<li>\n<i>Humana\u2019s affordable housing program is intended to help vulnerable Americans remain stably housed by expanding the supply of low-cost rental units in communities nationwide, including in the states of Arizona, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, South Carolina, Tennessee, Texas, Virginia, Washington and Wisconsin.<\/i><\/li>\n<li>\n<i>Humana\u2019s national housing strategy continues to seek to address members\u2019 housing needs through a three-part approach, including interventions and investments that reduce health care costs and improve outcomes for vulnerable members and communities.<\/i><\/li>\n<\/ul>\n<p>LOUISVILLE, Ky.&#8211;(BUSINESS WIRE)&#8211;In support of its ongoing national commitment to improve housing stability for vulnerable members and communities, Humana Inc. (NYSE: HUM) today announced an additional $40 million investment to increase the supply of affordable housing. This latest round of funding raises Humana\u2019s total financial commitment for affordable housing to $90 million and increases the scope of the program to include additional properties nationwide, including in the states of Arizona, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, South Carolina, Tennessee, Texas, Virginia, Washington and Wisconsin. At the same time, Humana continues to work with communities around the country to better understand the vital wrap-around services that help to stabilize and address health-related social needs.<\/p>\n<p><a href=\"https:\/\/mms.businesswire.com\/media\/20230413005040\/en\/674649\/4\/HUM_logo.jpg\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230413005040\/en\/674649\/21\/HUM_logo.jpg\"><\/a><\/p>\n<p>\n\u201c<!-- no quote -->At Humana, we recognize that housing quality and related support services have a direct impact on health, which is why we are committed to increasing the supply of affordable housing and support services for vulnerable populations in the communities we serve,\u201d said<b> John Barger, President of Humana\u2019s Medicaid business, Humana Healthy Horizons. <\/b>\u201c<!-- no quote -->Through creative partnerships in affordable housing, we can help people gain access to safe and quality places to live and provide the stability they need to focus on achieving their best health. We are pleased to increase our investment in affordable housing to help revitalize properties in numerous communities across the country.\u201d<\/p>\n<p>\nHumana knows that housing stability is a key social determinant of health and is one of the issues the company is addressing through its social health initiatives. To help improve the health of its members and communities, Humana\u2019s national housing strategy is focused on three key areas:<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nHousing Stability and Homelessness Prevention<\/li>\n<li>\nStabilizing Individuals with Significant Health Risks with Incremental Clinical Support<\/li>\n<li>\nStrategic Investments to Increase Community Capacity<\/li>\n<\/ul>\n<p>\nThe company has initiatives underway to support all three areas, including its affordable housing commitment which now totals $90 million. This investment will help address the short supply of low-cost rental units and create affordable housing capacity in many of the communities that Humana serves.<\/p>\n<p>\n\u201c<!-- no quote -->We truly value the partnership we\u2019ve had with Humana over the years to help meet the growing demand for quality, affordable housing across the country,\u201d said <b>Steve Kropf, President and CEO of Raymond James Affordable Housing Investments.<\/b> \u201c<!-- no quote -->We believe a stable, safe, and affordable home environment is essential to a high quality of life and leads to healthier communities. It\u2019s through key partnerships like the one we have with Humana that we are able to significantly impact the health of residents across the country \u2013 together.\u201d<\/p>\n<p>\n<b><span class=\"bwuline\">About Raymond James Affordable Housing Investments<\/span><\/b><\/p>\n<p>\nRaymond James Affordable Housing Investments is a wholly owned subsidiary of Raymond James Financial, Inc. (NYSE-RJF). Since 1972, subsidiaries of RJF have been among the leading syndicators of affordable housing. Raymond James Affordable Housing Investments has raised nearly $15 billion in equity for more than 2,500 properties across the United States since the inception of the tax credit program in 1986. For more information, visit raymondjames.com\/ahi.<\/p>\n<p>\n<b><span class=\"bwuline\">About Raymond James Financial, Inc.<\/span><\/b><\/p>\n<p>\nRaymond James Financial, Inc., (NYSE: RJF) is a leading diversified financial services company providing private client group, capital markets, asset management, banking and other services to individuals, corporations and municipalities. The company has approximately 8,700 financial advisors. Total client assets are $1.17 trillion. Public since 1983, the firm is listed on the New York Stock Exchange under the symbol RJF. Additional information is available at raymondjames.com.<\/p>\n<p>\n<b><span class=\"bwuline\">About Humana<\/span><\/b><\/p>\n<p>\nHumana Inc. is committed to helping our millions of medical and specialty members achieve their best health. Our successful history in care delivery and health plan administration is helping us create a new kind of integrated care with the power to improve health and well-being and lower costs. Our efforts are leading to a better quality of life for people with Medicare, families, individuals, military service personnel, and communities at large.<\/p>\n<p>\nTo accomplish that, we support physicians and other health care professionals as they work to deliver the right care in the right place for their patients, our members. Our range of clinical capabilities, resources and tools \u2013 such as in-home care, behavioral health, pharmacy services, data analytics and wellness solutions \u2013 combine to produce a simplified experience with the goal of making health care easier to navigate and more effective.<\/p>\n<p>\nMore information regarding Humana is available to investors via the Investor Relations page of the company\u2019s website at <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.humana.com&amp;esheet=53379764&amp;newsitemid=20230413005040&amp;lan=en-US&amp;anchor=humana.com&amp;index=1&amp;md5=cd2853c578564688eb742387cd81dfdf\" rel=\"nofollow noopener\" shape=\"rect\">humana.com<\/a>, including copies of:<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nAnnual reports to stockholders<\/li>\n<li>\nSecurities and Exchange Commission filings<\/li>\n<li>\nMost recent investor conference presentations<\/li>\n<li>\nQuarterly earnings news releases and conference calls<\/li>\n<li>\nCalendar of events<\/li>\n<li>\nCorporate Governance information.<\/li>\n<\/ul>\n<p> <b>Contacts<\/b> <\/p>\n<p>\nLisa Stoner<br \/>\n<br \/>Humana Investor Relations<br \/>\n<br \/>(502) 580-2652<br \/>\n<br \/>e-mail: <a target=\"_blank\" href=\"&#x6d;&#97;&#x69;&#x6c;&#116;&#x6f;&#58;l&#x73;&#116;a&#x6d;&#112;e&#x72;&#64;h&#x75;&#109;&#x61;&#x6e;&#97;&#x2e;&#x63;&#111;&#x6d;\" rel=\"nofollow noopener\" shape=\"rect\">&#x6c;&#x73;&#116;a&#x6d;&#x70;&#101;r&#64;&#x68;&#x75;&#109;a&#x6e;&#x61;&#46;&#99;o&#x6d;<\/a><\/p>\n<p>\nMark Taylor<br \/>\n<br \/>Humana Corporate Communications<br \/>\n<br \/>(317) 753-0345<br \/>\n<br \/>e-mail: <a target=\"_blank\" href=\"&#109;&#x61;i&#x6c;&#x74;&#111;&#x3a;m&#x74;&#x61;&#121;&#x6c;o&#x72;&#x31;&#48;&#x38;&#64;&#x68;&#x75;&#109;&#x61;n&#x61;&#x2e;&#99;&#x6f;m\" rel=\"nofollow noopener\" shape=\"rect\">&#x6d;&#x74;&#x61;&#121;&#108;or&#x31;&#x30;&#x38;&#64;&#104;um&#x61;&#x6e;&#x61;&#46;&#99;om<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Latest round of funding raises Humana\u2019s total financial commitment for affordable housing to $90 million, increases scope of national program to include additional communities. Humana\u2019s affordable housing program is intended to help vulnerable Americans remain stably housed by expanding the supply of low-cost rental units in communities nationwide, including in the states of Arizona, Florida, &#8230; <span class=\"more\"><a class=\"more-link\" href=\"https:\/\/pharma-trend.com\/en\/humana-announces-additional-40-million-investment-in-affordable-housing\/\">[Read more&#8230;]<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":{"0":"entry","1":"post","2":"publish","3":"author-business","4":"post-55804","6":"format-standard","7":"category-industry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Humana Announces Additional $40 Million Investment in Affordable Housing - Pharma Trend<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pharma-trend.com\/en\/humana-announces-additional-40-million-investment-in-affordable-housing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Humana Announces Additional $40 Million Investment in Affordable Housing - Pharma Trend\" \/>\n<meta property=\"og:description\" content=\"Latest round of funding raises Humana\u2019s total financial commitment for affordable housing to $90 million, increases scope of national program to include additional communities. 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