Place Based Investing
Place Based Investing supports mission-aligned funds and organizations with capital for housing, employment, and financial wellness projects that address social drivers of health and improve well-being.
Funder: Intermountain Health
Due Dates: Not specified
Funding Amounts: Debt or equity investments and direct real estate loans
Summary: Flexible investment capital supports projects addressing social drivers of health, especially housing stability, employment, and financial wellness.
Key Information: Projects must benefit Intermountain Health’s service area and deliver measurable financial and social returns.
Description
Intermountain Health’s Place Based Investments portfolio supports initiatives that improve health and well-being by addressing the conditions in which people are born, grow, live, work, and age. Its priorities—housing stability, employment, and financial wellness—reflect independent research on needs in the Intermountain West and Community Health Needs Assessments. Investments addressing other social drivers of health may also qualify.
The portfolio provides flexible capital through intermediary investments and project-level real estate lending. It seeks to reduce longstanding disparities, support local economic development, and address community and environmental factors that shape health. Intermountain primarily invests through mission-aligned funds and investment vehicles, with a smaller share of the portfolio supporting specific real estate projects through direct loans.
