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4 Community Development and Population Health
Pages 25-34

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From page 25...
... . In addition to investing in quality affordable housing, community development may also focus on improving the quality of life in terms of "physical, economic, and social conditions." This can be done by building health care clinics and early childhood education centers, investing in safe spaces for walking and playing, and increasing access to healthy foods (http://www.countyhealthrankings.org/roadmaps/action-center/community-­development [accessed July 11, 2014]
From page 26...
... , and Nancy Andrews, president and chief executive officer of the Low Income Investment Fund, then discussed some of the lessons that their organizations have learned from the programs they administer. These presentations were followed by a discussion moderated by José Montero, a member of the workshop planning committee and director of the New Hampshire Division of Public Health Services.
From page 27...
... "When the demonstration started, health was not even on the radar screen." Another factor driving this reset, he said, has been the growing recognition that social and economic factors can drive population health outcomes. Budget pressures are also pushing this reset, he added, because housing and urban policy programs and population health programs are having to broaden their funding base and to better leverage existing resources.
From page 28...
... "We organize money to deliver it to those communities, we organize capacity in those communities, and we organize data and use that in our work. We're very committed to the interplay of smart data advising smart subsidy decisions and smart capital allocation decisions." TRF finances a variety of projects and activities that are germane to population health, including food access, health care, education, and housing, in order to build healthy communities in underinvested places.
From page 29...
... "What we're really interested in," he said, "is reaching the next generation of decision makers and making them [comfortable] with the idea that easily used and easily manipulated analytics can help them make a smart decision." In its real estate development work, TRF Development Partners makes its housing investments based on three tenets, Hinkle-Brown said.
From page 30...
... COMMUNITY DEVELOPMENT STRATEGIES FOR IMPROVING POPULATION HEALTH The primary mission of the Low Income Investment Fund, as Nancy Andrews explained, is to alleviate poverty by breaking down large chunks of capital provided by the fund's primary investors on Wall Street into smaller, neighborhood project–sized pieces. For example, the Fund recently closed on a $25 million loan from a large investment bank that it will break down into loans ranging from $500,000 to $2 million.
From page 31...
... Andrews stressed that the Low Income Investment Fund is just one piece of the puzzle in terms of the integrated approach that is necessary to address poverty and population at a scale that will transform communities. Together with David Erickson, a colleague at the Federal Reserve Bank of San Francisco, Andrews has compiled ideas that work in a book titled Investing in What Works for America's Communities (available free at www.whatworksforamerica.org)
From page 32...
... because of the better access to jobs and amenities that TOD provided, it turns out that TOD has important health outcomes as well. One example of how the Low Income Investment Fund has put ideas into action is that it has led a capital program for TOD in the San Francisco Bay area.
From page 33...
... Other funding streams include tax credits and block grants. In response to a question from Catherine Baase of Dow Chemical Company on how the community development sites are chosen, HinkleBrown explained that the sites must provide a healthy return on investment.


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