Products > Healthy Neighborhoods Equity Fund
Launched in 2017 in partnership with the Conservation Law Foundation, HNEF invests in high-impact, mixed-use, mixed-income projects with demonstrated potential to positively transform neighborhoods, strengthen community and environmental health, and promote regional equity while providing attractive risk-adjusted returns for investors. Working with its public health and research partners, HNEF I created a new and groundbreaking impact scoring system.
MHIC has fully deployed HNEF I and has launched HNEF II to build on HNEF I's track record. HNEF I portfolio of nine developments includes investments in Chelsea, Braintree, Haverhill, Beverly, and Boston (5). Those investments have leveraged an additional $144 million of private and public investment in low- and moderate-income neighborhoods, which has resulted in creation of 586 new mixed-income housing units and 139,423 sq. ft. of commercial space, and 612 construction jobs.
For more information about HNEF, visit www.hnefund.org.
Healthy Neighborhoods Equity Fund
Launched in 2017 in partnership with the Conservation Law Foundation, HNEF invests in high-impact, mixed-use, mixed-income projects with demonstrated potential to positively transform neighborhoods, strengthen community and environmental health, and promote regional equity while providing attractive risk-adjusted returns for investors. Working with its public health and research partners, HNEF I created a new and groundbreaking impact scoring system.
MHIC has fully deployed HNEF I and has launched HNEF II to build on HNEF I's track record. HNEF I portfolio of nine developments includes investments in Chelsea, Braintree, Haverhill, Beverly, and Boston (5). Those investments have leveraged an additional $144 million of private and public investment in low- and moderate-income neighborhoods, which has resulted in creation of 586 new mixed-income housing units and 139,423 sq. ft. of commercial space, and 612 construction jobs.
For more information about HNEF, visit www.hnefund.org.