Sun Life co-leads $90 million investment for HELP USA's new women's shelter in Brooklyn, N.Y.

Sun Life (NYSE:SLF) co-led a $90 million investment through SLC Management to fund HELP USA's new 200-bed women's shelter in Brownsville, Brooklyn, opening April 7, 2026.

Rhea-AI Summary

Sun Life (NYSE:SLF) co-led a $90 million investment through SLC Management to fund HELP USA's new 200-bed women's shelter in Brownsville, Brooklyn, opening April 7, 2026. The facility provides onsite medical care, mental health assessment, case work, housing support and wellness programming.

Sun Life U.S. also donated $25,000 to support HELP USA's Healthy Living initiative. HELP USA operates more than 70 sites and has aided over 550,000 people since founding 40 years ago.

Positive

• $90 million co-led investment in HELP USA shelter
• 200-bed purpose-built women's shelter in Brownsville, Brooklyn
• Sun Life donated $25,000 to Healthy Living initiative
• Onsite medical, mental health, case work and housing support services
• Partnership via SLC Management aligns with Sun Life's access-to-care strategy

Negative

• None.

Argus Apr 7 session

+0.61% close to close Open Argus

Details

News Market Reaction – SLF

On Apr 7, the day this news came out, SLF closed 0.61% above the previous close.

Data tracked by StockTitan Argus for the Apr 7 session.

Key Figures

Shelter investment: $90 million Shelter capacity: 200 beds HELP USA donation: $25,000 +3 more

Shelter investment

$90 million

Investment co-led for new women's shelter in Brooklyn

Shelter capacity

200 beds

Capacity of new women's shelter in Brownsville, Brooklyn

HELP USA donation

$25,000

Donation to support Healthy Living initiative at the facility

Operating sites

More than 70 sites

HELP USA sites and programs across the U.S.

People aided

More than 550,000 people

Total individuals helped by HELP USA since founding

Operating history

40 years

HELP USA operating history fighting homelessness

Historical Context

5 past events · Latest: Mar 31

5 events

1. Mar 31

   Healthcare program support

   24h Move

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   Renewed backing for Northeastern healthcare gap year program in Maine.

2. Mar 30

   Disclosure update

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   Updated Supplementary Information Package reflecting organizational changes.

3. Mar 30

   Asset manager acquisitions

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   Completed BGO and Crescent buyouts and announced Bell Partners acquisition.

4. Mar 30

   Leadership appointment

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   Named new president to lead U.S. dental business growth strategy.

5. Mar 24

   Annual reports release

   24h Move

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   Released 2025 Annual, Sustainability and Accountability reports with growth highlights.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

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NYC Deputy Mayor and Dept. of Social Services Commissioner among speakers at ribbon cutting event

WELLESLEY, Mass. and NEW YORK, April 7, 2026 /PRNewswire/ -- Sun Life U.S. is a chief investor in HELP USA's newest women's shelter in Brooklyn, N.Y., reinforcing the company's commitment to supporting initiatives that serve populations in need. Located in the Brownsville area of Brooklyn, the 200-bed shelter will provide onsite medical care through a partner provider, mental health assessment, case work, and housing support to help clients find stability and connect them with treatment facilities, family, or long-term shelter. The facility also offers wellness programming, including art therapy and healthy cooking classes.

In addition to the investment through SLC Management, Sun Life's institutional alternatives asset management business, Sun Life U.S. has donated $25,000 to HELP USA to support the organization's Healthy Living initiative, which provides healthy cooking classes at the facility.

At the ribbon cutting on Tuesday, HELP USA President and CEO Dan Lehman delivered remarks and welcomed New York City Deputy Mayor for Health and Human Services, Dr. Helen Arteaga, and NYC Dept. of Social Services Commissioner, Erin Dalton, among others, to offer a few words. Remarks emphasized the valuable services HELP USA has provided in Brooklyn and more broadly around the country, and the impact the facility will have for women facing homelessness – many of whom are fleeing domestic violence situations.

"Supporting essential services for underserved populations is central to our strategy of helping people access care and other health services," said David Healy, president of Sun Life U.S. "By investing in initiatives like this shelter, we're advancing our commitment to solutions that strengthen communities. With decades of experience running shelters, we know HELP USA will establish a valuable community asset with this new building."

The investment aligns with Sun Life's broader strategy to help people access the care and coverage they need. This approach also drives the company's philanthropic framework, which supports programs and organizations that improve access to care and provide health and wellness services to communities that need it most.

"Our investment in HELP USA's new shelter reflects Sun Life's focus on creating meaningful impact in communities facing the greatest challenges," said Randy Brown, chief investment officer, Sun Life. "This purpose-built facility will help at-risk women find the resources and support they need in a model that promotes resilience and sustainable results."

Headquartered in New York City, HELP USA operates more than 70 sites and programs throughout the country and has aided more than 550,000 people since its founding 40 years ago. HELP USA's mission is to fight homelessness at every stage with prevention, emergency shelter, supportive services, and permanent, affordable housing for those in crisis.

"HELP Women's Center represents an important investment in how we support women entering the New York City shelter system," said Dan Lehman, president and CEO of HELP USA. "Sun Life's partnership in this project is the exact kind of shared commitment needed between businesses and nonprofits to create solutions that have lasting impact for the people HELP USA serves."

SLC Management is the institutional alternatives and traditional asset management business of Sun Life, offering solutions across public and private fixed income markets, as well as global real estate equity and debt.

About Sun Life
Sun Life is a leading international financial services organization providing asset management, wealth, insurance and health solutions to individual and institutional Clients. Sun Life has operations in a number of markets worldwide, including Canada, the U.S., the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of December 31, 2025, Sun Life had total assets under management of C$1.60 trillion. For more information, please visit www.sunlife.com.

Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF.

Sun Life U.S. is one of the largest providers of employee and government benefits, helping approximately 48 million Americans access the care and coverage they need. Through employers, industry partners and government programs, Sun Life U.S. offers a portfolio of benefits and services, including dental, vision, disability, absence management, life, supplemental health, medical stop-loss insurance, and healthcare navigation. Sun Life employs nearly 8,300 people in the U.S., including associates in our partner dental practices and affiliated companies in asset management. Group insurance policies are issued by Sun Life Assurance Company of Canada (Wellesley Hills, Mass.), except in New York, where policies are issued by Sun Life and Health Insurance Company (U.S.) (Lansing, Mich.). For more information visit our website and newsroom.

About HELP USA
For 40 years, HELP USA has worked to ensure that everyone has a place to call home. Serving nearly 600,000 individuals and families since its founding in 1986, the organization has provided shelter for people in crisis, built affordable housing, and strengthened communities through prevention and supportive services. Today, HELP USA addresses the root causes of homelessness at more than 70 sites across New York City and the country. For more information, visit www.helpusa.org.

Media contacts

Devon Fernald
Sun Life U.S.
Devon.Portney.Fernald@sunlife.com
781-800-3609

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media@northeastern.edu

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SOURCE Sun Life U.S.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Sun Life (SLF) announce on April 7, 2026 about HELP USA's Brooklyn shelter?

Sun Life announced it co-led a $90 million investment for HELP USA's new 200-bed women's shelter. According to Sun Life, the facility offers onsite medical care, mental health assessment, case work, housing support and wellness programming.

How large is the HELP USA women's shelter funded by Sun Life (SLF) and what services does it provide?

The shelter is a 200-bed facility offering medical, mental health, case work and housing support services. According to Sun Life, programming also includes wellness activities like art therapy and healthy cooking classes.

How much did Sun Life (SLF) donate to HELP USA's Healthy Living initiative and why does it matter?

Sun Life donated $25,000 to support Healthy Living, which funds healthy cooking classes at the shelter. According to Sun Life, this donation supplements clinical and case services to promote wellness for residents.

What role did SLC Management play in Sun Life's (SLF) investment in HELP USA's new shelter?

SLC Management acted as the institutional alternatives platform that channeled the co-led $90 million investment for the project. According to Sun Life, SLC Management provides the asset management expertise behind the investment.

How does the HELP USA partnership fit Sun Life's (SLF) broader strategy on access to care?

The partnership aligns with Sun Life's strategy to improve access to care and coverage through community investments. According to Sun Life, the shelter advances its philanthropic framework supporting health and wellness services in underserved areas.

What is HELP USA's operational scale mentioned in the April 7, 2026 announcement involving Sun Life (SLF)?

HELP USA operates more than 70 sites and has aided over 550,000 people since founding 40 years ago. According to Sun Life, this track record informed confidence in HELP USA's ability to run the new shelter effectively.