The Home Matters Arizona Fund, an innovative funding resource formed by Arizona healthcare leaders and Home Matters to Arizona to increase attainable housing in the state and ultimately improve health outcomes, is announcing new funding. Four projects in Flagstaff, Phoenix, Tempe, and Tucson will receive a total of $2 million. Since 2020, the Home Matters Arizona Fund has provided $10.3 million through 24 grants, including today’s announcement.
The Fund addresses Arizona’s rising affordability crisis while paying much-needed attention to the role of social determinants of health and housing as a quality of life issue. Housing built by these grants will serve Arizona Health Care Cost Containment System (AHCCCS)-eligible individuals and families.
Home Matters to Arizona also believes that one of the biggest determinants in health outcomes is having a safe place to live. Individuals without affordable housing are more likely than others to sacrifice necessities like healthy food and healthcare.
“Many low-income households across Arizona are cost burdened and spend more than half of their income on housing. Then these families must sacrifice healthy food or healthcare,” said Jean Kalbacher, Home Matters Arizona Fund Chair and CEO, UnitedHealthcare Community Plan of Arizona. “Beyond a roof and walls, a home can help Arizonans improve their long-term health outcomes. These grants will go a long way to provide quality housing for families.”
The Home Matters Arizona Fund is born from a collaboration of the Arizona Association of Health Plans, whose member companies contract with the State’s Medicaid program to serve the health care needs of Arizona’s most vulnerable citizens. Founding Home Matters Arizona Fund participants include Arizona Complete Health, Banner – University Health Plan, Care1st Health Plan Arizona, Health Choice Arizona, Molina Healthcare of Arizona, Mercy Care, The NARBHA Institute and UnitedHealthcare Community Plan of Arizona.
Home Matters Arizona Fund will invest in projects that serve individuals and families with low to moderate income, veterans, seniors, people who are homeless, people with disabilities, individuals involved with the justice system and those eligible for Arizona Health Care Cost Containment System (AHCCCS) support.
Local Initiatives Support Corporation (LISC), a national community development financial institution with a local office based in Phoenix, administers the grant funds and facilitates the review of proposed projects.
Recent award recipients:
Family Housing Community Development Corporation
Project: 192-unit Residences at Falcon Park
Total Development Cost: $44.99 million
Grant: $500,000
Address: 1220 N. 34th Ave., Phoenix
Construction Completion Estimate: January 31, 2025
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