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Gulf Coast Housing Partnership’s Health + Housing innovation creates new financing options for health insurers to invest in affordable homes with integrated health and services. See how this innovation is coming to life in two new housing developments – H3C in New Orleans and The Pearl, nearing completion in Jackson, Miss.

Innovation Milestones

In January 2024, Gulf Coast Housing Partnership celebrated the opening of its first Health + Housing pilot, H3C, in New Orleans, with Medicaid Managed Care Organization partner Aetna/CVS Health. H3C features 192 affordable housing units. DePaul Community Health Center operates an adjoining Federally Qualified Healthcare Center (FQHC).

The Pearl in Jackson, Mississippi, Gulf Coast Housing Partnership’s second Health + Housing pilot, broke ground in November 2022. Financial supporters include UnitedHealthCare Community Plan of Mississippi. Slated to open in early 2024, the project will transform a long-vacant hotel into 76 affordable apartments for seniors. Jackson-Hinds Comprehensive Health Center will operate an on-site FQHC and oversee a team of community health workers to support residents’ health and well-being.

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If you are born in Mississippi, Louisiana, or Alabama, you will on average live a shorter life than anywhere else in the country. These health disparities are driven by social determinants of health beyond just health care. Our innovation aimed to create affordable housing with access to health care, whereby we could save money for health insurance companies and transfer that savings into investments in affordable housing.
Kevin Krejci, Chief Capital Officer, Gulf Coast Housing Partnership
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IMPACT
What a Difference A Cohort Makes

Gulf Coast Housing Partnership says the funding, national recognition, and access to a peer network made possible by the Breakthrough Challenge were pivotal. That support propelled their Health + Housing innovation across the finish line, allowing them to close the transactions for two pilot developments nearing completion. “Once we’ve demonstrated the impact that we know is possible, scale could be significant,” said Gulf Coast Housing Partnership’s Kevin Krejci.

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What’s Next

An integral part of Health + Housing is its goal to quantify the benefits of linking affordable housing and health-care access for residents. As H3C and The Pearl come into fruition, Gulf Coast Housing Partnership’s capitalization team is working behind the scenes with Medicaid Managed Care Organization and FQHC partners to implement plans and systems that can track and disseminate critical data.

News, Events & Blogs

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Enterprise in the News
In Hospitals, Affordable Housing Gets the Long-Term Investor It Needs
Gulf Coast | Health and Housing
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In New Orleans, Housing Innovation Puts Health Care at Residents' Doorsteps
2020 Challenge | Housing Affordability Breakthrough Challenge | Gulf Coast | Health and Housing
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Fast Company: Six Strategies for Getting Affordable Housing Built
2020 Challenge | Housing Affordability Breakthrough Challenge
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