Accelerating Investments for Healthy Communities
From 2018 to 2021, Accelerating Investments for Healthy Communities (AIHC) helped six pioneering hospitals and health systems deepen their investment in affordable housing and advance policies and practices that foster equitable housing solutions.
Using ACI’s Capital Absorption Framework, health systems that were already investing beyond their walls expanded the scale of their work.
Health institutions can be game-changing participants in efforts to improve conditions in their communities. Leaders in this field are investing upstream in the social determinants of health, using their assets—financial resources, land, expertise, and relationships—to create more equitable, sustainable, affordable, and healthy places that nurture wellbeing.
ACI Resource Library
Search our publications, tools, and other resources to assist you with transforming your community’s investment systems so all residents can flourish.
Community Health
Assembling a Multisector Coalition to Fund Preservation: AIHC’s UPMC For You
Community and Economic Development
From Silos to Collaborations: Building a Health Partner Investment Strategy
Community Health
Partnering with Community to Define and Move a Shared Priority: AIHC’s Nationwide Children’s Hospital
Community Health
Investing in Community Health: A Toolkit for Hospitals
Community Health
Improving Community Health by Strengthening Community Investment: Roles for Hospitals and Health Institutions
Creating Affordable Housing
Participating health systems helped advance affordable housing by investing capital, making grants and guarantees, and offering surplus land. They also convened local partners and leveraged their skills and relationships to push for affordable housing policies and funding. Teams:
Helped activate a dormant Right of First Refusal policy that, in its first two years of operation, preserved six properties with a total of 1,213 affordable rental units.
Invested £3 million in an £9 million revolving loan fund and provided land for affordable housing development.
Secured £15 million in county ARPA funds and an additional £10 million in state funds to establish an affordable housing preservation loan fund.
Provided a £1 million grant to establish a low-interest loan fund to remove financing barriers for small developers rehabbing vacant houses for affordable homeownership.
Invested £874,000 into a neighborhood home repair program with 100% of contracts going to firms owned by people of color.
Collaborated with city government, the local land trust, and local and national funders to produce 40 rental and homeownership units in a neighborhood near the hospital, with another 30 planned for the year to come.
Received a £5 million grant to address systemic problems that drive differences in economic opportunity within segregated neighborhoods
Testimonial
We have been influencers. We have influenced the way that people think about what’s possible. We’ve influenced people to have the ability to think different themselves. We’ve influenced the city to think different. There’s another hospital that has £69 million they have to spend, and we’re at the table to influence them, to help them know how to spend that money.
Thea James, Boston Medical Center
Program Participants
The Latest from ACI’s Health Initiative
News, stories about our work, and more. For general press inquiries, please contact info@altarcapitalinvestmentlp.com.
ACI Update
Unlocking Insurance Company Capital for Community Investment – RFI
Network News
Potomac Yard arena boils down to four issues, says Alexandria mayoral candidate Alyia Gaskins
... before which she worked as a a public health strategist with the Altar Capaital Investment and the National League of Cities.
She’s a ...
Network News
How Seattle’s Black Home Initiative Is Addressing Affordability and Inequity | Lincoln Institute of Land Policy
The initiative is part of a national program, Connecting Capital and Community (3C), that’s operating in five major cities across the country. Launched in 2021 and run by the Center
