U.S.
More than 900 California Families to Find Housing Stability in 2026 Thanks to $31.25 Million Investment by Health Net
Health Net, one of California's most experienced Medi-Cal managed care health plans and company of Centene Corporation (NYSE: CNC), announced today it awarded $31.25 million in grants to develop 10 distinct housing investments in Los Angeles, Sacramento, San Joaquin and Stanislaus counties.
About this update from Centene Corporation
[{"type":"text","content":"Ten new housing projects across four counties will provide at least 900 new affordable housing units, improving health outcomes, providing secure living environments and reducing pressure on emergency services","length":209,"tagName":"p","attribs":{}},{"type":"text","content":"LOS ANGELES, March 3, 2026 /PRNewswire/ -- Health Net, one of California's most experienced Medi-Cal managed care health plans and company of Centene Corporation (NYSE: CNC), announced today it awarded $31.25 million in grants to develop 10 distinct housing investments in Los Angeles, Sacramento, San Joaquin and Stanislaus counties.","length":343,"tagName":"p"},{"type":"image","alt":"Health Net of California (PRNewsfoto/Health Net)","displaySize":"","headline":null,"caption":"Health Net of California (PRNewsfoto/Health Net)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":218,"url":"https://media.zenfs.com/en/prnewswire.com/e33902911290859de3f86b16315ebf95"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/ceT2745Hwzo33Qf6xJYnJw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM4NDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/e33902911290859de3f86b16315ebf95","width":400,"height":218}},"href":"https://mma.prnewswire.com/media/1815936/Health_Net_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The funding represents 84% of the company's $37 million planned investment to expand the number of low-income housing units, underscoring rapid progress for vulnerable Californians. Since 2020, Health Net has dedicated a total of $93 million to housing and homelessness related initiatives.","length":294,"tagName":"p"},{"type":"text","content":""Every day we're reminded that creating a pathway to stable housing is about more than bricks and mortar — it's about restoring hope, dignity and opportunity to our neighbors who need it most," said Dorothy Seleski, Medi-Cal President for Health Net. "When we invest in secure, affordable homes, we're not just fixing roofs — we're addressing a root cause of poor health, giving families the stability they need to heal and grow. That's how we build a stronger, healthier California for everyone."","length":537,"tagName":"p"},{"type":"text","content":"Secure housing provides the stability necessary for individuals to manage...