Six New Jersey hospitals, in partnership with the New Jersey Housing and Mortgage Finance Agency (NJHMFA), are literally and figuratively breaking ground as they launch plans to provide affordable housing in New Jersey. While some hospitals around the country have been providing access to affordable housing in their service areas, NJHMFA’s model is the first of its kind in the country to offer financial incentives to participating hospitals throughout the state. Most of the hospitals are located in urban areas. St. Joseph’s University Medical Center in Paterson is leading the way; they’ve almost got formal approval from NJHMFA to build a 71-unit project to be completed by mid-2021.
NPQ has noted that social determinants of health may have more to do with factors like access to healthy food, environmental hazards, poverty, and living conditions than they do with doctor’s visits and insurance coverage. There is a web of socioeconomic factors that determine the health of individuals and families whose incomes are below the poverty line…
by Meredith Betz, Non Profit Quarterly
