Stock Under $10 with 50-100% upside potential - 14 Days FREE!

UnitedHealthcare Provides $250,000 Grant To Help Fund Downtown Winter Housing Shelter For San Diego Homeless

Stock quotes in this article: UNH 

UnitedHealthcare worked with Enterprise Community Investment, Inc., a national leader in the affordable-housing and community-development industry, to provide $15.1 million in Low Income Housing Tax Credit (LIHTC) equity to help finance and build Connections Housing Downtown, an integrated service and residential community project in San Diego. When completed early next year, Connections Housing will provide permanent year-round shelter, housing and an array of services for the region’s homeless.

The multi-use project will serve as a one-stop service center and housing for homeless people. The residential portion will consist of 73 studio units of permanent supportive housing, 16 special-needs single-occupancy units and 134 interim-housing beds. The project will also provide resources a person needs to break the cycle of homelessness. This includes a primary health care clinic, multiservice homeless center, large commercial kitchen, related dining facilities and administrative offices, among other amenities. Connections Housing Downtown is expected to replace the need for the downtown winter shelter in future years.

“The downtown winter shelter and Connections Housing will provide valuable temporary and permanent resources that will help San Diego-area homeless – about 1,600 of whom are military veterans – live healthier and more secure lives,” said Tony Lonigro, Southwest Region CEO, UnitedHealthcare Military & Veterans. “UnitedHealthcare is grateful for the opportunity to work with the City of San Diego, Affirmed Housing Group and Enterprise Community Investment in making a difference in the community.”

UnitedHealthcare, a UnitedHealth Group (NYSE: UNH) company, serves more than 2.3 million Californians with a care provider network of 323 hospitals and more than 47,400 physicians statewide.

The company also has been actively engaged in helping improve Californians’ access to quality health care. In addition to the investments in San Diego, the California Health Care Investment Program has provided $266 million in total investments to 45 health care organizations throughout the state that provide services to underserved, low-income and underinsured communities and populations. UnitedHealthcare has also provided an additional $22.3 million to help expand telemedicine in rural and medically underserved clinics and hospitals throughout the state.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
TRY IT FREE

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
Dividend Stock Advisor
TRY IT FREE
New! $49.95/yr

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREE

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Real Money
TRY IT FREE

24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.

Product Features:
  • Jim Cramer + 20 Wall Street pros
  • Intraday commentary & news
  • Real-time trading forum
  • Actionable trade ideas
Real Money Pro
TRY IT FREE

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass + 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
TRY IT FREE

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 15,294.50 -12.67 -0.08%
NASDAQ 3,459.42 -3.88 -0.11%
S&P 500 1,650.51 -4.84 -0.29%
US 10 Yr 2.023% -0.003

Brokerage Partners

Advertising Partners
Special Features

Free Newsletters from TheStreet

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy. Manage Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs