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Healthy Futures Fund

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Healthy Futures FundThe Local Initiatives Support Corporation (LISC), Morgan Stanley and the Kresge Foundation have partnered to create the Healthy Futures Fund, an initiative to support development of Federally Qualified Health Centers (FQHCs) in underserved areas as well as affordable housing that incorporates health programs for low-income residents.

The fund is seeded with $100 million in equity, loans and grants, and utilizes Low Income Housing Tax Credit equity and New Markets Tax Credit enhanced loan capital to drive economic development that helps improve health outcomes.