![]() ![]() ![]() As such, we are pleased to support organizations like Invest Appalachia, which works across county and state borders to build capacity and bring new investment and vision into Central Appalachia." "At the Appalachian Regional Commission, the key to creating transformational growth throughout our region lies in drawing upon Appalachia’s history of collaboration. "Appalachia is a region known for its creativity, hard work and long-standing tradition of people helping people," said Gayle Conelly Manchin, ARC federal co-chair. Substance use disorders are also disproportionally prevalent across Appalachian states, which brings related challenges in reliable transportation, housing, access to care, education and employment. The people of the Appalachian region face ongoing inequity, including poverty rates more than 1.5 times the national average, according to the ARC. The IA Fund’s investment manager is LOCUS Impact Investing. The Robert Wood Johnson Foundation and the Appalachian Regional Commission (ARC) are also lead investors in the fund, with additional commitments from Cassiopeia Foundation, Laughing Gull Foundation and Sugarbush Valley Impact Investments. "We are fortunate to work with partners like Invest Appalachia, which really understands the rich culture of Appalachia and is creating new ways to address community needs to improve quality of life and health." "Advancing health equity and addressing social needs like housing and access to health care in rural and underserved areas is an integral part of making the health care system better for everyone," said Andy McMahon, vice president, Community Engagement and Investment at UnitedHealthcare Community & State, a UnitedHealth Group business. UnitedHealth Group’s investment will focus on creating affordable housing with wraparound services like health and social needs screenings, expanding access to health care in rural communities and strengthening efforts to reduce food insecurity in Appalachian communities. The IA Fund specifically targets community health, including affordable housing, clean energy, community revitalization and food and agriculture. MINNETONKA, Minn., January 26, 2023-( BUSINESS WIRE)-UnitedHealth Group (NYSE: UNH) has committed $10 million as a lead investor in the first round of the Invest Appalachia (IA) Fund, a regional initiative launched to accelerate funding in community development across Appalachian counties in Kentucky, North Carolina, Ohio, Tennessee, Virginia and West Virginia. The Robert Wood Johnson Foundation and the Appalachian Regional Commission are also part of the initial $19 million regional investment initiative. ![]()
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