Humana Buying Houses
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Humana Buying Houses (by Bill [KY]) Sep 10, 2021 8:47 PM
       Humana Buying Houses (by Sandy [CO]) Sep 11, 2021 12:55 AM
       Humana Buying Houses (by Richard [MI]) Sep 11, 2021 9:16 AM
       Humana Buying Houses (by RR78 [VA]) Sep 11, 2021 10:17 AM
       Humana Buying Houses (by Oregon Woodsmoke [ID]) Sep 11, 2021 11:17 AM
       Humana Buying Houses (by Lana [IN]) Sep 11, 2021 11:38 AM
       Humana Buying Houses (by Allym [NJ]) Sep 11, 2021 1:48 PM
       Humana Buying Houses (by RentsDue [MA]) Sep 11, 2021 9:59 PM
       Humana Buying Houses (by Ray-N-Pa [PA]) Sep 12, 2021 9:34 PM

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Humana Buying Houses (by Bill [KY]) Posted on: Sep 10, 2021 8:47 PM

LOUISVILLE, Ky. — As part of its population health strategy to improve the health of its members and communities, Humana on Thursday announced a $25 million investment to increase the supply of affordable housing in the states of Florida, Georgia, Illinois, Kentucky, Louisiana, Ohio, Oklahoma and Texas. Humana considers housing stability to be a key social determinant of health and one of the issues the company is addressing through its Bold Goal social health initiative.

Humana is headquartered in Louisville.

“Housing insecurity can disproportionally affect Medicaid-eligible patients and lead to inadequate health outcomes,” said John Barger, Humana Medicaid President. “To achieve their best health, people need access to stable, safe and affordable places to live. Humana’s national housing strategy is one way we are helping our communities address their housing needs.”

Humana’s national housing strategy is focused on three key areas — housing stability and homelessness prevention, stabilizing individuals with significant health risks with incremental clinical support, and strategic investments to increase community capacity. Recent examples of Humana’s housing programs include a partnership with legal services organizations in Louisiana to provide tenancy support and eviction diversion for Medicaid recipients, and a partnership with Volunteers of America in Kentucky to provide recovery beds for mothers overcoming substance use disorders. This newest investment will help address the short supply of low-cost rental units, creating affordable housing capacity in many of the communities that Humana serves.

Humana’s $25 million investment will be deployed through three syndicated funds that have been established to increase affordable housing capacity through the use of low-income housing tax credits (LIHTC). The three syndicators, CREA LLC, PNC Real Estate and Raymond James work with developers to identify potential affordable housing properties for either rehabilitation or new construction in numerous cities across the country.

Humana Buying Houses (by Sandy [CO]) Posted on: Sep 11, 2021 12:55 AM

That's so interesting. It seems like everyone is buying real estate these days. It sounds like they're going into low income housing for the tax credits. Thanks!

Humana Buying Houses (by Richard [MI]) Posted on: Sep 11, 2021 9:16 AM

Another scam on the taxpayers. --24.180.xx.xx

Humana Buying Houses (by RR78 [VA]) Posted on: Sep 11, 2021 10:17 AM

I guess lowering their insurance rates instead. Was never a consideration. --73.40.xx.xx

Humana Buying Houses (by Oregon Woodsmoke [ID]) Posted on: Sep 11, 2021 11:17 AM

$25 million spread over eight states isn't going to buy them a lot of housing in any one area. A few here, a few there, not really going to house much of a percentage of the low income population.

Humana Buying Houses (by Lana [IN]) Posted on: Sep 11, 2021 11:38 AM

Right 25 million is pocket change to Humana. It's a tax write off, a charity deduction, or a marketing scheme to make Humana look humane.

Humana Buying Houses (by Allym [NJ]) Posted on: Sep 11, 2021 1:48 PM

Publicity stunt. --108.24.xx.xx

Humana Buying Houses (by RentsDue [MA]) Posted on: Sep 11, 2021 9:59 PM

Astounding. They are self designated heroes. To be fair, their little publicity stunt probably bought them more PR and advertising than the money they spend on the housing would have if they actually spent it on advertising. --68.191.xx.xx

Humana Buying Houses (by Ray-N-Pa [PA]) Posted on: Sep 12, 2021 9:34 PM


house normally rents for $1,000 from me or you.

But since Humana is in the homeless prevent business, I wonder if the rent will be $1,600

If it comes with a social worker $2,000

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