Health Net Commits $3M for 150 Affordable Sacramento Housing Units
Health Net is investing $3 million in Sacramento’s affordable housing and infrastructure, with $2 million funding at least 50 infill units through SACOG’s Green Means Go and $1 million backing over 100 senior apartments in San Juan Apartments Phase Two. The initiative links housing stability to improved health outcomes.
1. Investment Overview
Health Net, a Centene Corporation subsidiary, has pledged $3 million to expand affordable housing and infrastructure in Sacramento County. The funds aim to enhance community stability and health by addressing local housing shortages and supporting essential urban infrastructure.
2. SACOG Green Means Go Funding
The company allocated $2 million to the Sacramento Area Council of Governments’ Green Means Go infill accelerator program. This funding is expected to support infrastructure for at least 50 new affordable housing units across urban cores and commercial corridors.
3. San Juan Apartments Phase Two
Mutual Housing California will receive $1 million to advance the second phase of San Juan Apartments. The project will deliver over 100 factory-built senior apartments along Stockton Boulevard, enabling efficient development and stable housing for older adults.
4. Health and Community Impact
This initiative underscores the connection between stable housing and improved health outcomes. By investing in community infrastructure and affordable homes, Centene seeks to reduce healthcare costs linked to housing insecurity and strengthen local well-being.