Peach State Health Plan and Centene Foundation Announce Investment in Atlanta Housing Development at Groundbreaking Ceremony
Peach State Health Plan and the Centene Foundation (NYSE: CNC) announced their participation in the groundbreaking ceremony for the Bowen Homes community redevelopment in Atlanta, Georgia. The project, in collaboration with Atlanta Housing and McCormack Baron Salazar (MBS), aims to create a health-focused community development.
The development will feature over 750 residential units along with recreational amenities including outdoor plazas, seating, and walking trails in the Carey Park neighborhood. The Centene Foundation's contribution includes below market-rate loans for predevelopment design, planning, and community engagement.
The initiative focuses on combining affordable housing with nutrition education, behavioral and physical health resources to improve healthcare access and address health disparities in the community. This development represents the Foundation's first state-level deployment of its partnership with MBS announced in 2024.
Peach State Health Plan e la Centene Foundation (NYSE: CNC) hanno annunciato la loro partecipazione alla cerimonia di inaugurazione per il riqualificazione della comunità Bowen Homes ad Atlanta, Georgia. Il progetto, in collaborazione con Atlanta Housing e McCormack Baron Salazar (MBS), mira a creare uno sviluppo comunitario incentrato sulla salute.
Lo sviluppo presenterà oltre 750 unità residenziali insieme a strutture ricreative che includono piazze all'aperto, aree di sosta e sentieri pedonali nel quartiere Carey Park. Il contributo della Centene Foundation include prestiti a tasso inferiore al mercato per la progettazione pre-sviluppo, la pianificazione e il coinvolgimento della comunità.
L'iniziativa si concentra sulla combinazione di alloggi a prezzi accessibili con educazione nutrizionale, risorse per la salute comportamentale e fisica per migliorare l'accesso all'assistenza sanitaria e affrontare le disparità sanitarie nella comunità. Questo sviluppo rappresenta il primo dispiegamento a livello statale della partnership della Fondazione con MBS annunciata nel 2024.
Peach State Health Plan y la Centene Foundation (NYSE: CNC) anunciaron su participación en la ceremonia de inauguración para la reurbanización de la comunidad Bowen Homes en Atlanta, Georgia. El proyecto, en colaboración con Atlanta Housing y McCormack Baron Salazar (MBS), tiene como objetivo crear un desarrollo comunitario enfocado en la salud.
El desarrollo contará con más de 750 unidades residenciales junto con comodidades recreativas que incluyen plazas al aire libre, asientos y senderos para caminar en el vecindario Carey Park. La contribución de la Centene Foundation incluye préstamos a tasas por debajo del mercado para el diseño, la planificación y el compromiso comunitario previos al desarrollo.
La iniciativa se centra en combinar vivienda asequible con educación nutricional, recursos de salud conductual y física para mejorar el acceso a la atención médica y abordar las disparidades en salud en la comunidad. Este desarrollo representa el primer despliegue a nivel estatal de la asociación de la Fundación con MBS anunciada en 2024.
피치 주 건강 계획과 센틴 재단 (NYSE: CNC)은 조지아주 애틀랜타의 보웬 홈즈 커뮤니티 재개발 기공식에 참여한다고 발표했습니다. 이 프로젝트는 애틀랜타 주택 및 맥코맥 바론 살라자르(MBS)와 협력하여 건강 중심의 커뮤니티 개발을 목표로 하고 있습니다.
이 개발은 750개 이상의 주거 단위와 함께 야외 광장, 좌석, 그리고 캐리 파크 지역의 산책로를 포함한 레크리에이션 편의 시설을 갖출 것입니다. 센틴 재단의 기여에는 개발 전 설계, 계획 및 커뮤니티 참여를 위한 시장 이하의 대출이 포함됩니다.
이 이니셔티브는 저렴한 주택과 영양 교육, 행동 및 신체 건강 자원을 결합하여 의료 접근성을 개선하고 지역 사회의 건강 불균형 문제를 해결하는 데 중점을 두고 있습니다. 이 개발은 2024년에 발표된 MBS와의 파트너십의 첫 번째 주 정부 차원 배치로, 재단의 첫 번째 주 정부 차원 배치입니다.
Peach State Health Plan et la Centene Foundation (NYSE: CNC) ont annoncé leur participation à la cérémonie de pose de la première pierre pour la réhabilitation de la communauté Bowen Homes à Atlanta, en Géorgie. Le projet, en collaboration avec Atlanta Housing et McCormack Baron Salazar (MBS), vise à créer un développement communautaire axé sur la santé.
Le développement comprendra plus de 750 unités résidentielles ainsi que des équipements récréatifs, y compris des places extérieures, des sièges et des sentiers de promenade dans le quartier de Carey Park. La contribution de la Centene Foundation inclut des prêts à taux inférieur au marché pour la conception, la planification et l'engagement communautaire avant le développement.
L'initiative se concentre sur la combinaison de logements abordables avec l'éducation nutritionnelle, des ressources en santé comportementale et physique pour améliorer l'accès aux soins de santé et traiter les disparités en matière de santé dans la communauté. Ce développement représente le premier déploiement à l'échelle de l'État de son partenariat avec MBS annoncé en 2024.
Peach State Health Plan und die Centene Foundation (NYSE: CNC) haben ihre Teilnahme an der Grundsteinlegung für die Umgestaltung der Bowen Homes Gemeinschaft in Atlanta, Georgia, bekannt gegeben. Das Projekt, in Zusammenarbeit mit Atlanta Housing und McCormack Baron Salazar (MBS), zielt darauf ab, eine gesundheitsorientierte Gemeinschaftsentwicklung zu schaffen.
Die Entwicklung wird über 750 Wohneinheiten sowie Freizeiteinrichtungen wie Außenplätze, Sitzgelegenheiten und Wanderwege im Stadtteil Carey Park umfassen. Der Beitrag der Centene Foundation umfasst unter Marktzinssatz liegende Darlehen für die Vorentwicklung, Planung und das Engagement der Gemeinschaft.
Die Initiative konzentriert sich darauf, erschwinglichen Wohnraum mit Ernährungsbildung, Verhaltens- und körperlichen Gesundheitsressourcen zu kombinieren, um den Zugang zur Gesundheitsversorgung zu verbessern und gesundheitliche Ungleichheiten in der Gemeinschaft anzugehen. Diese Entwicklung stellt den ersten staatlichen Einsatz der Partnerschaft der Stiftung mit MBS dar, die 2024 angekündigt wurde.
- Strategic expansion into healthcare-integrated housing development
- Partnership with established developer MBS enhances project credibility
- Below market-rate loan structure indicates favorable financing terms
- None.
The collaboration will renew the Bowen Homes community to provide access to quality housing, healthcare and community resources
The Centene Foundation's funding contribution is the first state-level deployment of the Foundation's partnership with MBS, as announced in 2024. Below market-rate loans support predevelopment design, planning work and local community engagement while unlocking additional financing needed to accelerate projects.
"Peach State Health Plan is committed to addressing drivers of health – and that starts with ensuring all Georgians have access to both quality housing and healthcare," said Clyde A. White, President of Peach State Health Plan. "Through our continued investment in Bowen Homes, we are creating real opportunities for families to thrive in a neighborhood designed with health, empowerment and resilience at its core."
The plan for the site will be community-focused with more than 750 residential units, and recreational amenities including outdoor plazas, seating, walking trails and more, along the Donald Lee Hollowell Parkway and James Jackson Parkway corridors in the Carey Park neighborhood.
"By combining affordable housing, nutrition education, and behavioral and physical health resources, we can actively improve the quality of life for Georgians," said Centene Foundation President Keith Williamson. "Centene Foundation's partnership with MBS allows us to address healthcare challenges head on – increasing healthcare access, closing long-term health disparities and improving health outcomes."
The Centene Foundation and Peach State Health Plan's commitment in the Bowen Homes project builds on its broader investments in creating positive local impact and commitment to fostering long-term health by actively working with the community to shape approaches, connecting residents to essential healthcare and social services, and addressing community needs and vital resources, such as education opportunities for nutrition, behavioral health and maternal care. These initiatives will support the overall well-being of residents, ensuring the community can flourish.
About Peach State Health Plan
Peach State Health Plan is a care management organization that serves the needs of Georgians through a range of health insurance solutions. Peach State Health Plan serves the Medicaid and PeachCare for Kids® population in partnership with Georgia Families. The organization also focuses on under-insured and uninsured individuals through its federal insurance marketplace plan, Ambetter, and its Medicare Advantage Special Needs Plan. Peach State Health Plan is a Centene company, a leading healthcare enterprise committed to helping people live healthier lives. For more information visit www.pshpgeorgia.com.
About Centene Foundation
The Centene Foundation (the "Foundation"), a private nonprofit focused on investing in economically challenged communities, is the philanthropic arm of Centene Corporation (NYSE:CNC) ("Centene"). The Foundation supports projects and initiatives strategically aligned with Centene's mission-driven culture and enhances the work Centene is doing to remove the barriers to wellness underserved and low-income populations face. The Foundation is committed to addressing social drivers of health and improving health equity in three distinct areas of focus: healthcare access, social services and education. To learn more, visit the Centene Foundation's website.
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SOURCE Peach State Health Plan
FAQ
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