STOCK TITAN

Taylor Morrison Breaks Ground on Community of Homes for Banner MD Anderson Cancer Center Patients

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
Taylor Morrison, Banner MD Anderson, and the Banner Health Foundation have broken ground on eight homes in Gilbert, AZ, as part of Banner MD Anderson Cancer Center's Home Away from Home program. The community will provide lodging for 160 patients each year, giving them a safe and comfortable home while receiving treatment or recovering from surgery. The first eight homes are estimated to be complete in early 2024. The program aims to support cancer patients who lack local housing during their treatment, especially those requiring long-term lodging. The homes will be within walking distance of Banner MD Anderson.
Positive
  • None.
Negative
  • None.

The community adjacent to campus will provide housing for patients who travel to the Valley for cancer care

SCOTTSDALE, Ariz., Sept. 27, 2023 /PRNewswire/ -- Today, Taylor Morrison, Banner MD Anderson and the Banner Health Foundation broke ground on eight homes in Gilbert, AZ, as part of Banner MD Anderson Cancer Center's Home Away from Home program, which provides housing and financial assistance to patients who travel to the Valley for care at Banner MD Anderson.

The community, which will include 16 homes upon completion, will provide lodging for 160 patients each year, giving them the assurance of a safe and comfortable home and community while receiving treatment or recovering from surgery. The first eight homes donated and built by Taylor Morrison are estimated to be complete in early 2024 for patients and their caregivers to begin moving in. 

"There's no greater gift we can provide than the comfort of home and for patients to be with their loved ones as they undergo the physical and emotional journey of cancer treatment," said Taylor Morrison Chairman and CEO Sheryl Palmer. "What we're building is a community of healing, and we hope patients can feel the healing benefits that a sense of community brings when living near other patients going through similar health experiences in beautiful, clean, new homes just steps away from their medical team."

While many patients can afford a short hotel stay, few are prepared to pay for long-term lodging—especially those whose treatment protocol requires weeks to months of daily therapy or close post-surgical monitoring. Last year, thousands of patients traveled more than 30 miles each way for care at Banner MD Anderson, and 330 of those patients came from outside of Arizona. For many, affording a place to stay during treatment is the difference between receiving care or not, spurring the creation of Banner MD Anderson's existing Home Away from Home program, which presently places patients in hotels at discounted rates.

The homes will draw upon Taylor Morrison's build-to-rent brand, Yardly, featuring approximately 1,000 sq. ft. floor plans, complete with two bedrooms, two bathrooms, a kitchen, laundry, gathering room, and private backyards for patients and their children and care partners to enjoy. The thoughtfully designed homes will come fully furnished to promote well-being and recovery and will be within walking distance of Banner MD Anderson.

"Staying close to the hospital during the course of treatment is vital for patients, but not all are able to afford the nearby lodging required for the treatment their lives depend on," said Michael Herring, Chief Executive Officer at Banner Gateway Medical Center and Banner MD Anderson Cancer Center. "Thanks to the support of Taylor Morrison, we're thrilled to expand upon our successful Home Away from Home program with a dedicated community of patient housing." 

Led by a group of committed community leaders, the Home Away from Home campaign began in 2019 with the goal of supporting cancer patients whose treatment protocol spans 30 or more days and who lack local housing. This patient population includes those undergoing a stem-cell transplant, who need to be within 30 minutes of the facility to qualify for their transplant and for post-operative monitoring, as well as blood cancer patients who receive daily treatment for weeks or months.

Thanks to charitable gifts from individuals, families, businesses and foundations, including Thunderbirds Charities and the American Cancer Society, the program now assists qualifying patients with all types of cancer where proximity to their care team is vitally important. A patient without local lodging can spend, on average, $5,500 in hotel stays—even with Banner MD Anderson's discounted rate.

The official groundbreaking of the eight donated homes took place at the Banner MD Anderson Cancer Center's John Hardison Garden of Hope Atrium at 2946 E. Banner Gateway Dr. Gilbert, AZ 85234. For a press kit, including photos and video from the event, click here.

About Taylor Morrison
Headquartered in Scottsdale, Arizona, Taylor Morrison is one of the nation's leading homebuilders and developers. We serve a wide array of consumers from coast to coast, including first-time, move-up, luxury and resort lifestyle homebuyers and renters under our family of brands—including Taylor Morrison, Esplanade, Darling Homes Collection by Taylor Morrison and Yardly. From 2016-2023, Taylor Morrison has been recognized as America's Most Trusted® Builder by Lifestory Research. Our strong commitment to sustainability, our communities and our team is highlighted in our latest annual Environmental, Social and Governance (ESG) Report. For more information about Taylor Morrison, please visit www.taylormorrison.com.

About Banner Health Foundation
Established in 2001, the Banner Health Foundation engages the community and stewards charitable gifts to advance Banner Health's nonprofit mission of making health care easier so life can be better. Contributions are invested locally to support patient care programs and services operated by Banner's many hospitals and health care facilities in Arizona and Wyoming. For more information, please visit www.bannerhealthfoundation.org.

About Banner MD Anderson Cancer Center
Banner MD Anderson Cancer Center delivers cancer care to patients through the partnership of Banner Health and MD Anderson Cancer Center. Banner MD Anderson offers focused disease-specific expertise in the medical, radiation and surgical management of the cancer patient; an evidence-based, multidisciplinary approach to patient care; access to clinical trials and new investigative therapies; state-of-the-art technology for the diagnosis, staging and treatment of all types of cancer; oncology expertise in supportive care services. For more information, visit www.BannerMDAnderson.com.

CONTACT:
Erin Kristick
(480) 840-8108
ekristick@taylormorrison.com

Cassie Amundson
(480) 698-6743
Cassandra.amundson@bannerhealth.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/taylor-morrison-breaks-ground-on-community-of-homes-for-banner-md-anderson-cancer-center-patients-301940775.html

SOURCE Taylor Morrison

Taylor Morrison Home Corporation

NYSE:TMHC

TMHC Rankings

TMHC Latest News

TMHC Stock Data

7.26B
103.48M
2.86%
99.73%
2.11%
Residential Construction
Operative Builders
Link
United States of America
SCOTTSDALE