Kaiser Permanente To Purchase Apartment Building As Part Of Aggressive Efforts To Help Homeless
“The idea that someone would have to go to bed on the streets of America as their home is unacceptable,” Kaiser CEO Bernard Tyson said at a news conference in Oakland City Hall.
San Francisco Chronicle:
Kaiser Funding Helps Keep Oakland Apartments Affordable For 50 Residents
Kaiser Permanente said Tuesday it spent $5.2 million to help acquire a 41-unit apartment complex in East Oakland as part of the health care giant’s new effort to keep and expand affordable housing. The company, based in Oakland, said it also plans to house more than 500 homeless people in the city and create a $100 million loan fund to preserve affordable housing projects in places across the country where Kaiser operates. (Veklerov, 1/15)
The Mercury News:
Kaiser Permanente To Spend $5.2 Million To House Homeless In Oakland
“Kaiser Permanente believes that in the 21st century there are certain things we should resolve and certain principles we should stand for,” company CEO Bernard Tyson said Tuesday. Homeless residents living on the streets, he said, “is unacceptable.” The health care company kicked off a $200 million, multi-year effort to tackle homelessness in May. It views the investment in housing as a vital component to improving the health of the Bay Area’s most vulnerable. (Hansen and Debolt, 1/15)