Health Net Awards $4 Million Grant for 45-Unit Affordable Housing Project in Modesto

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Health Net announced a $4 million grant to Self-Help Enterprises to support the development of Morris Village, a new 45-unit affordable housing community in Modesto, California. The investment will help close the project's remaining funding gap, with construction expected to begin in the fourth quarter of 2026 and be completed by spring 2028. The 44 affordable homes will serve residents earning below the area median income, and Self-Help Enterprises plans to explore partnerships with service providers to connect future residents to care and support services. Since 2020, Health Net has committed $93 million to housing and homelessness initiatives across California.

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Health Care · 1 stocks
Centene Corp
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Health Net, a subsidiary of Centene, awards $4M grant for affordable housing, part of $93M commitment, signaling community investment but not core business driver.