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N.J. s University Hospital makes foray into affordable housing
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Academic medical center University Hospital in Newark, N.J., is partnering with the state government and housing developers to build affordable housing for residents and patients.
The new program, called the Hospital Partnership Subsidy Program, joins a growing trend of health systems making dips into providing lower-income residents with affordable housing.
The program will match financial contributions from hospitals from both developers and the state, and in this case, will end up providing 78 rental apartments to lower-income people. Some of the units will be classified as supportive housing and will include access to medical services. To date, St. Joseph s Health and RWJBarnabas Health are also joining the partnership.