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Since 1997, CVS Health and Aetna, a CVS Health company, have combined to invest more than $1 billion in affordable housing and community investments. These investments have led to the building and renovation of over 93,000 affordable rental units, positively impacting hundreds of thousands of low-income individuals, families, and seniors. The company’s efforts to address housing insecurity are a core part of Destination: Health, a series of CVS Health business programs dedicated to helping people improve their health outside of a clinical setting. CVS Health is continuing to make significant investments in affordable housing across the country.
With a continued focus on addressing housing insecurity in underserved and at-risk populations, CVS Health is looking forward to further cultivating invaluable relationships with community organizations and combining its strategic investments in housing with services to address the specific needs of individuals and communities across the country.
To learn more about the impact of our investments, read our press release and the local coverage below highlighting the ways we’re making a positive impact in communities nationwide.
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Our investments in the news
CVS Health’s housing investments reach $114 million as insurers address social determinants
Forbes, February 2021CVS invested $114M in affordable housing last year. Here's where those funds went
FierceHealthcare, February 2021CVS Health touts 2020 affordable housing investments
Drug Store News, February 2021CVS Health invests $114 million in affordable housing in 2020
Affordable Housing Finance, February 2021CVS Health continues SDOH push with housing insecurity project
PatientEngagementHIT, February 2021Unite Us partnering with CVS Health to expand social service network
The Advocate-Messenger, February 2021CVS Health invests nearly $9 million for new Orlando affordable housing
Orlando Sentinel, November 2020New Aetna pilot aims to improve Medicaid member engagement, SDOH
HealthPayerIntelligence, November 2020CVS to invest millions locally in affordable housing, expand health screenings
Orlando Business Journal, November 2020Unite Us expands social determinants partnerships in Louisiana, West Virginia
MedCity News, November 2020CVS Health will invest $13.7 million to renovate Rosewind in South Linden
The Columbus Dispatch, September 2020CVS Health to put $13.7 million into housing and social programs for South Linden
Columbus Business First, September 2020CVS' Guardian Angel program teams up with Unite Us on social determinants of health program
MobiHealthNews, March 2020CVS grows Aetna opioid overdose program to include SDOH support
FierceHealthcare, March 2020CVS ramps up housing investments to address social determinants
Forbes, February 2020In 2019, CVS Health invested $67 million in affordable housing
Health Leaders, February 2020CVS Health to invest more than $67 million in affordable housing in 2020
Becker’s Hospital Review, February 2020How CVS wants to link social care with health care: Brainstorm Health
Fortune, July 2019CVS Health launches social determinants provider network
Forbes, July 2019CVS looks to technology to improve health
U.S. News, July 2019CVS–Aetna is partnering with a New York-based social care platform to bring social services to high-risk members
Business Insider, July 2019