UnitedHealthcare has partnered with Chicanos Por La Causa to invest up to $20 million in affordable housing and support services for low- and moderate-income families in the Phoenix area.
Information on the Target
Chicanos Por La Causa, Inc. (CPLC) is Arizona's largest nonprofit community-development organization established in 1969. Its mission is to empower low- and moderate-income individuals and families through a range of integrated services that focus on economic development, education, and housing. CPLC has successfully operated for nearly 50 years, fostering self-sufficiency and providing essential resources to enhance the quality of life for those it serves.
As a community development corporation (CDC), CPLC plays a pivotal role in the state, implementing 48 different programs and employing over 900 individuals across 60 offices. The organization is deeply committed to delivering tailored, culturally sensitive, and multilingual support designed to meet the diverse needs of the populations it serves.
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Industry Overview in Arizona
The affordable housing sector in Arizona faces significant challenges, particularly for low- to moderate-income households. With a growing population and a booming economy, the demand for quality and affordable hou
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UnitedHealthcare
invested in
Chicanos Por La Causa, Inc.
in 2023
in a Strategic Partnership deal
Disclosed details
Transaction Size: $20M