Home is more than a place to live

Home is where health, stability and belonging begin. This belief is part of Intermountain Health’s nonprofit mission and drives our Place Based Investing (PBI) program. Through low-cost loans and flexible financing, we support community projects that strengthen the places where people live and work.

Since 2019, Intermountain has committed more than $148 million in Place Based Investments, supporting the creation or preservation of 2,845 affordable housing units and improving the financial wellness of more than 1,167 people.

Why housing shapes health

Housing instability is one of the biggest barriers to good health. When families face housing insecurity, they often also struggle to access other essentials such as:

• Nutrition
• Transportation
• Education
• Medical care

PBI works with local organizations, community lenders, and nonprofits to create lasting solutions that improve health outcomes and open the door to opportunity.

Different geographies, shared purpose

Across Intermountain’s service areas, each project looks different — but all share the same goal: helping people build healthier, more stable lives.

• In Utah, an office building that once stood empty is now home to 96 families thanks to a $5 million investment through the Perpetual Housing Fund. The project, called Arbor 515, not only provides safe, affordable housing – it also helps residents build wealth by returning 75% of the building’s profits and value growth to tenants, creating a pathway to lasting stability.
• In Nevada, investments through New West Community Capital created 239 new affordable housing units in Henderson and supported SafeNest’s new domestic violence shelter.
• In Montana, a $1.5 million loan to a local nonprofit is helping Native American families buy homes and build generational stability. Native Americans in Montana experience homelessness at three times the state average.

“When people have a safe, stable place to live, every other part of their health — physical, mental and financial — begins to improve,” said Nicholas Fritz, director of Place Based Investments.

A moment of gratitude for our community collaborators

As a nonprofit health system, Intermountain reinvests in the people and places that make our communities strong. Place Based Investing is one of the clearest examples of this commitment.

We’re grateful for the community organizations and financial partners whose leadership turns investment into impact — ensuring that health truly begins at home.