Investment Spotlight: Hogar Hispano Incorporated

Living in a safe, stable, and affordable home helps everyone reach their best possible health and wellbeing, and owning a home is often associated with positive health outcomes. However, not everyone enjoys the same opportunity to access or maintain homeownership: there are structural barriers built in front of some of us that create unequal opportunity, and which particularly affect communities with low incomes and communities of color. A $4 million loan from the Robert Wood Johnson Foundation (RWJF) to Hogar Hispano, Inc. (HHI), a nonprofit housing organization, along with other co-investments, will allow HHI to launch a new fund to purchase and restructure mortgages that are under threat of foreclosure or sell vacant properties to new homebuyers at affordable prices.