Modesto Residents Will Gain Access to More Affordable Homes Due to $4 Million Health Net Investment
This investment will help bring more affordable housing to
"Safe, stable housing can make a lasting difference in a person's health and well-being," said
Health Net's grant will help Self-Help Enterprises close the project's remaining funding gap so it can begin construction. The 44 affordable homes will support residents earning below the median income for the area.
"Affordable housing is one of the most urgent needs facing families across
Self-Health Enterprises anticipates construction to begin in the fourth quarter of 2026 and be completed in spring of 2028.
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Self-Health Enterprises will also explore partnerships with service providers and community based organizations to connect future
"As a registered nurse, I know that housing is a component of care and when families have opportunities to secure affordable housing, it improves their overall wellbeing and helps them thrive in our community," said
Since 2020, Health Net has committed
About Health Net
Founded in California more than 45 years ago, Health Net, LLC ("Health Net"), a company of Centene Corporation, believes that every person deserves a safety net for their health, regardless of age, income, employment status or current state of health. Today, we provide health plans for individuals, families, businesses of every size and people who qualify for Medi-Cal or Medicare. With more than 117,000 of our network providers, Health Net serves more than three million members across the state. We also offer access to substance abuse programs, behavioral health services and managed healthcare products related to prescription drugs. We make these health plans and services available through Health Net and its subsidiaries: Health Net of California, Inc., Health Net Life Insurance Company and Health Net Community Solutions, Inc. These entities are wholly owned subsidiaries of Centene Corporation (NYSE: CNC), a leading healthcare enterprise committed to transforming the health of the communities we serve, one person at a time. Health Net and Centene Corporation employ more than 5,700 people in California who work at one of five regional Talent Hub offices. For more information, visit www.HealthNet.com.
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SOURCE Health Net, LLC
