CVS Health invests $19.2 million in affordable housing in Arvada, Colorado
WOONSOCKET, R.I., April 24, 2024 /PRNewswire/ -- CVS Health® (NYSE: CVS) today announced it has invested $19.2 million through Boston Financial to build 85 new affordable housing units in Arvada, Colorado. Made possible through the company's collaboration with Family Tree and BlueLine Development, the investment demonstrates CVS Health's commitment to improving the health of individuals across the country, which begins with providing access to quality, safe, affordable housing, especially in historically underserved communities.
- The investment builds upon efforts to increase access to permanent supportive housing, reduce homelessness
WOONSOCKET, R.I., April 24, 2024 /PRNewswire/ -- CVS Health® (NYSE: CVS) today announced it has invested $19.2 million through Boston Financial to build 85 new affordable housing units in Arvada, Colorado. - "A critical component to improving an individual's health and well-being is access to quality, safe, affordable housing," said Frank J. Benedetto, Regional Director, Sales and Account Management at Aetna, a CVS Health company.
- To date, CVS Health has invested over $43 million to create, preserve and renovate over 2,100 affordable and supportive housing units throughout Colorado.
- Through the company's investments and collaborations with vision-aligned developers and service providers, CVS Health has been able to provide quality housing and increased access to health care services based on the unique needs of the regional population.