published on January 17, 2020 - 1:40 PM
Written by Gabriel Dillard

Kaiser Permanente has announced that it will be the first private sector contributor to Gov. Gavin Newsom’s new fund to combat homelessness in the state — committing $25 million to the effort.

Newsom announced the creation of the $750 million California Access to Housing and Services Fund in a preview of his 2020-21 budget on Jan. 8, calling on corporate and philanthropic organizations to contribute to the fund as well. The fund will focus on prevention and early intervention by paying rent for individuals experiencing homelessness or who are on the verge of losing housing.

“Our investment in the fund aligns with Kaiser Permanente’s overall strategy to preserve affordable housing and prevent displacement of existing residents, while addressing the root causes of homelessness in our communities,” said Greg Adams, CEO of Kaiser Permanente.

The California Access to Housing and Services Fund is the cornerstone of Newsom’s budget proposal, which allocates more than $1 billion to address homelessness. Funds will be given directly to local providers throughout California by the Department of Social Services, providing flexibility to allocate resources to address communities’ varying needs.

e-Newsletter Signup

Our weekly poll

Should fireworks be banned in the City of Fresno?

Loading ... Loading ...

Central Valley Biz Blogs



Article views


Sign up icon

To continue website access to

please create a FREE account OR login here.


Article views


For only $59 for one 1-year you will receive the Print edition along with EVERYTHING The Business Journal has to offer digitally, PLUS you will have unlimited 24- hour a day access to view articles at

Use Promo Code

*New Subscribers Only

Digital and Print

XX Days Remaining

until you can view 5 more free articles

Sign up icon

Want access? Subscribe now & save $20 OFF.

Use Promo Code