What is the Housing Initiative?
Healthcare Foundation of La Porte (HFL) embarked on a new initiative July 2022 assessing current and future housing needs in the City of La Porte. HFL has contracted SB Friedman, a real estate development advisory firm based in Chicago, to prepare a housing strategy for the City of La Porte. This strategy will build upon La Porte County’s recent housing study and will focus specifically on the City of La Porte.
“Housing is one of the best researched social determinants of health. Because housing is a social determinant for health and well-being, HFL is compelled to support this endeavor,” shared Maria Fruth, CEO of HFL. “Social determinants of health are the non-medical factors that influence health and well-being, including the conditions in which people are born, live, work, and age.”
The first stage of the housing initiative is an in-depth study, analyzing housing needs, housing-related issues, and the unique opportunities and challenges associated with La Porte City’s housing market today. This housing study aims to better understand unmet housing needs in the City of La Porte, encourage new residential development and community growth, and support the construction of a spectrum of housing.
What will the Housing Initiative accomplish?
HFL’s aim is to invite voices from across the City of La Porte, and across generations, to provide a full picture of the needs and opportunities for housing development and growth in our city.
Michele Magnuson, HFL board member, is chairing the Housing Initiative committee, which consists of local, county, and state government representatives, along with housing specialists, realtors, and more.
La Porte City Mayor Tom Dermody said, “Upon taking office in 2020, our administration made a commitment to provide more options for affordable housing that meets our standards for quality, especially in low-income neighborhoods. We have made progress in the last couple of years and there is more we will do. This remains one of our top priorities as we continue to grow and improve, and we are so grateful to the Healthcare Foundation for their support as we work on this important issue together.”
The initial housing study has been funded by HFL along with a contribution from Horizon Bank.