Centene Subsidiary Invests $2M in 50 Affordable Units, $1M for Senior Housing
Health Net is investing $2 million in SACOG's Green Means Go program to fund infrastructure for 50 affordable housing units and $1 million to Mutual Housing California for 100+ senior apartments at San Juan Apartments Phase Two. This $3 million investment links housing stability with healthier community outcomes.
1. Investment Details
Health Net, a Centene subsidiary, has allocated $3 million to Sacramento County projects: $2 million to SACOG’s Green Means Go infill accelerator for at least 50 affordable housing units and $1 million to Mutual Housing California for the second phase of San Juan Apartments, delivering permanent homes for over 100 seniors.
2. Green Means Go Program
SACOG’s Green Means Go program catalyzes urban infill development by funding infrastructure—such as road improvements and utilities—to support new housing closer to jobs and services, aiming to revitalize commercial corridors and attract residents and businesses.
3. San Juan Apartments Phase Two
The $1 million investment supports the expansion of factory-built, high-quality housing units designed for seniors, improving development efficiency and enabling older adults to age in place with stable, supportive environments along the Stockton Boulevard corridor.
4. Strategic Impact for Centene
By linking housing and healthcare, Centene’s investment underlines its strategy to address social determinants of health, enhance community resilience, and potentially reduce long-term healthcare costs by fostering stable living conditions.