The initiative emphasizes the social determinants of health and focus on three areas of opportunity: New Resources, New Partners, and New Ideas.
New Resources. As conventional health funders begin to understand the strong relationship between physical environments and health outcomes, there are many new potential partnerships between health-oriented foundations and new government programs. Harmonizing these new funding streams with the traditional community development programs (investment and lending motivated by the Community Reinvestment Act, New Markets Tax Credits, Low Income Housing Tax Credits, etc) will be both a challenge and an opportunity. Innovating new directions with existing funds will be equally challenging, requiring creative energy from both fields.
New Partners. The important work of the housing and community development sector could be much more effective when joined with other partners (e.g., early care and education programs, nutrition programs, and the like). To do this requires sharing of knowledge between many sectors, with health and community development being the most immediately promising.
New Ideas. The health sector has a much more sophisticated approach to data collection and outcomes measurement. Community development could learn much in this area. Similarly, as the health sector tries to improve nutrition and recreation opportunities in low-income neighborhoods, it can learn from the sophisticated and networked approach community development uses to implement its programs.
Nancy O. Andrews is the President and CEO of the Low Income Investment Fund. She is a leader in the community development field and, in addition to LIIF, has worked at the Ford Foundation, the Department of Housing and Urban Development (HUD), and the U.S. Treasury Department. Ms. Andrews received her MS in Urban Planning with a concentration in Real Estate Finance from Columbia University.
Elaine Arkin serves as the communications lead for the Robert Wood Johnson Foundation’s (RWJF) Coverage Team, Pioneer Team, the Commission to Build a Healthier America, and the Future of Nursing: Campaign for Action, and led partnerships with the Federal Reserve System and the Healthy Weight Commitment project. Previously, she served as Director of Public Affairs at the U.S. Public Health Service and as Deputy Assistant Secretary for Public Affairs at the U.S. Department of Health and Human Services.
David J. Erickson directs the Community Development Research Department at the Federal Reserve Bank of San Francisco. He is the author of The Housing Policy Revolution: Networks and Neighborhoods (Urban Institute Press). Dr. Erickson received his PhD in history and an MPP from University of California, Berkeley, and a BA from Dartmouth College.
Ian Galloway is a Senior Research Associate at the Federal Reserve Bank of San Francisco. He recently published the working paper "Charter School Tax Credit: Investing in Human Capital." Mr. Galloway received his MPP from the University of Chicago and graduated from Colgate University with honors in Political Science and Philosophy.
Douglas Jutte is a pediatrician and adjunct Assistant Professor in the School of Public Health at the University of California, Berkeley. He has published regularly on population health issues addressing social determinants of health and at-risk youth. Dr. Jutte received his MD from Harvard University School of Medicine, an MPH from UC, Berkeley, and a BA from Cornell University.
Lisa Richter is Principal and Co-founder of GPS Capital Partners. She recently authored an impact investing guide for the Grantmakers In Health alliance. Ms. Richter received her MBA and BA from the University of Chicago.
For more information, contact Ian Galloway at 415-974-3291 or send an email.