More than 500 Unhoused Angelenos to find Housing and Get Medical, Behavioral Health and other Services thanks to $2 Million Investment by Health Net in LA Family Housing
Rhea-AI Summary
Health Net (NYSE: CNC) renewed a $1 million grant to LA Family Housing on Nov 13, 2025, marking a second consecutive year and representing a $2 million investment total in the partnership.
The funding supports LAFH's Housing Location program in Los Angeles County SPA 2, expands whole-person care infrastructure, and aims to increase access to permanent affordable housing and supportive services.
Reported outcomes from prior funding: LAFH acquired 458 housing units (183% of its 250–300 target) and engaged 190 landlords (146% of target). Planned activities include engaging 35 additional property partners, hosting 12 housing events, and aiming to place 250 individuals into permanent homes.
Positive
- $1M grant renewal (second year) contributing to a $2M partnership total
- LAFH acquired 458 units (183% of 250–300 target)
- Engaged 190 landlords (146% of target)
- Program aims to place 250 individuals into permanent homes and host 12 housing events
Negative
- None.
News Market Reaction – CNC
On the day this news was published, CNC declined 0.30%, reflecting a mild negative market reaction.
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This funding opens doors for hundreds of Angelenos to move into safe, stable homes.
The renewed grant deepens Health Net's partnership with LA Family Housing and expands capacity to address homelessness across
"There was a time when I didn't think I'd have my own home again," shared a Health Net member who received services through last year's funding. "LA Family Housing's team never gave up on me and helped me find a place that finally feels safe and permanent. Now, I have my own apartment and a second chance to rebuild my life."
Exceeding Expectations: By the Numbers
Strong results drove the decision to reinvest. LAFH committed to connecting participants to 250–300 units but instead acquired 458 units —
"With this renewed grant, we're able to create lasting change for so many who need it most," said Dorothy Seleski, President Medi-Cal for Health Net. "Our partnership with LA Family Housing is built on shared values, equity, and community-driven solutions. Every dollar invested brings us closer to building a future where everyone in
Looking Ahead: Expanding the Impact
Looking ahead, LAFH will expand its housing portfolio by strengthening owner and manager relationships. The grant will help maintain partnerships with 190 landlords and engage 35 additional property partners. LAFH will also host 12 housing events across the year and aims to place 250 individuals into permanent homes.
Beyond direct placements, the partnership will fund new training to share LAFH's unit-acquisition strategies with other service providers, equipping partners with tools to scale impact across the community.
"At LA Family Housing, we know that hope is built one home and one relationship at a time," said Stephanie Klasky-Gamer, President and CEO for LA Family Housing. "Together with Health Net and local partners, we're not just providing housing; we're restoring dignity, creating new beginnings, and empowering people to thrive by working alongside them to secure safe and affordable housing. Our work proves that when we stand together with purpose, we can change lives and transform communities."
From 2020 to 2025, Health Net committed more than
To learn more about Health Net's local commitments, visit www.bridgingthedivideca.com.
About Health Net
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SOURCE Health Net
FAQ
What did Health Net (CNC) announce on Nov 13, 2025 regarding LA Family Housing?
How many housing units did LA Family Housing secure with prior funding linked to the Health Net grant?
What landlord engagement results did LA Family Housing report from the program supported by Health Net?
How many people does the renewed Health Net grant aim to house in 2026 under the Housing Location program?
How will the Health Net grant expand LA Family Housing's outreach and capacity?