The Housing is Healthcare Fund
The Home Matters Arizona Fund is now the Housing is Healthcare Fund by the Arizona Medicaid Plans
The Fund invests in affordable housing projects that include elements that connect communities and support healthier individuals, families and economies across the State of Arizona, including housing for Medicaid-eligible individuals. The Fund was developed in 2020 by a consortium of health plans, becoming the first statewide initiative aligned to the vision and values of the national Home Matters movement.
Projects Funded
The Housing is Healthcare Fund is investing in projects that serve individuals and families with low-to-moderate income, veterans, seniors, people who are homeless, people with disabilities, individuals involved in the justice system and those eligible for Arizona Health Care Cost Containment System (AHCCS) support.
The Fund is prioritizing projects statewide that are located near healthy food retailers, employment centers, active transportation facilities and public transit, schools, childcare, senior centers, medical facilities, public libraries, parks, community centers and places of worship.
-
![]()
Cloudbreak Phoenix, LLC - Victory Place
Phoenix, Arizona
Total Development Cost: $500,000
273 Units
Grant Amount: $500,000 -
![]()
Family Promise of Greater Phoenix - Family Promise Village
Glendale, Arizona
Total Development Cost: $3.2 million
6 Units
Grant Amount: $390,000 -
![]()
WESCAP Investments, Inc. - View Point II Senior Community
Prescott Valley, Arizona
Total Development Cost: $27.98 million
72 Units
Grant Amount: $500,000 -
![]()
Native American Connections - HomeBase Surprise
Surprise, Arizona
Total Development Cost: $8.33 million
40 Units
Grant Amount: $500,000 -
![]()
HS Development Partners - The Villas on Lake Mary
Flagstaff, Arizona
Total Development Cost: $29.55 million
76 Units
Grant Amount: $354,150 -
![]()
Horizon Health and Wellness - Morrison Rehabilitation
Casa Grande, Arizona
Total Development Cost: $287,500
6 Units
Grant Amount: $287,500 -
![]()
Housing Solutions of Northern Arizona, Inc. - Verde Valley Traditional Housing
Cottonwood, Arizona
Total Development Cost: $9.22 million
32 Units
Grant Amount: $360,000 -
![]()
Red Feather Development Group - Healthy Homes for Arizona's Native Families
Flagstaff, Arizona
Total Development Cost: 358,000
3 Units
Grant: $358,350 -
![]()
Society of St. Vincent De Paul Phoenix
Phoenix, Arizona
Total Development Cost: $17.93 million
100 Beds
Grant Amount: $500,000 -
![]()
Walling Affordable Communities - Casa Del Sol II
Mesa, Arizona
Total Development Cost: 17.290 million
64 Units
Grant Amount: $500,000 -
![]()
Gorman & Company - Rehoboth Place II
Glendale, Arizona
Total Development Cost: $18.57 million
66 Units
Grant Amount: $500,000 -
![]()
Mercy Housing Mountain Plains - Glendale Senior Apartments
Glendale, Arizona
Total Development Cost: $55.83 million
144 Units
Grant Amount: $500,000 -
![]()
Flagstaff Shelter Services - Crown Motel
Flagstaff, Arizona
Total Development Cost: $6.44 million
58 Units
Grant Amount: $500,000 -
![]()
Native American Connections - The Moreland
Phoenix, Arizona
Total Development Cost: $51.6 million
217 Units
Grant Amount: $500,000 -
![]()
La Frontera Partners, Inc. - Center of Hope Apartments
Tucson, Arizona
Total Development Cost: $12.6 million
100 Units
Grant Amount: $500,000 -
![]()
Catholic Charities Community Services - Mesquite Terrace
Phoenix, Arizona
Total Development Cost: $62.2 million
297 Units
Grant Amount: $250,000 -
![]()
Trellis - Trellis @ Mission
Phoenix, Arizona
Total Development Cost: $10.7 million
43 Units
Grant Amount: $400,000 -
![]()
Northern Arizona Housing Solutions - Sharon Manor
Flagstaff, Arizona
Total Development Cost: $1.5 million
13 Units
Grant Amount: $300,000 -
![]()
Housing Solutions of Northern Arizona - JoJo's Place
Flagstaff, Arizona
Total Development Cost: $5.85 million
44 Units
Grant Amount: $351,000 -
![]()
Comite De Bien Estar - CDB Valley View Apartments
San Luis, Arizona
Total Development Cost: $23.5 million
100 Units
Grant Amount: $250,000 -
![]()
Solterra Senior Living - Bridgewater White Mountains
Lakeside, Arizona
Total Development Cost: $34.5 million
160 Units
Grant Amount: $250,000
Fund Criteria - Workforce Housing
The Housing is Healthcare Fund seeks projects that align with the values established by the Home Matters national movement. The Housing is Healthcare Fund will prioritize and fund promising projects positioned to demonstrate measurable and positive outcomes focused on specific populations, geographic areas and the community at-large. Sample criteria for eligible projects include:
Overall Project Impact
Demographic and Geographic Focus
Connectedness to Community/Placemaking
Collaboration and Partnerships
Resident Engagement and Community Life
Want to apply?
The 2024 Fund application window is closed.
Local Initiatives Support Corporation (LISC) Phoenix provides underwriting and other asset management services to the fund. LISC Phoenix is collecting and processing this application. All communication about your application will come from a LISC Phoenix program officer.
Fund Sponsors
