Catholic Healthcare West (CHW) is investing $250,000 in the San Luis Obispo County Housing Trust Fund, bringing CHW’s total investment to $750,000.

“We continue to be proud of our partnership with the San Luis Obispo Housing Trust Fund and appreciate their efforts to make a difference in our community,” according to a statement by Alan Iftiniuk, French Hospital Medical Center president and CEO, and Rick Castro, Arroyo Grande Community Hospital president and CEO.

CHW has a long history of making similar investments in communities where its hospitals are located.  The San Francisco-based health system, which owns French Hospital and Arroyo Grande Community Hospital, provided its initial investment to the Housing Trust Fund in 2006.  Since 1990, CHW has invested more than $127 million for affordable housing, child care centers, community clinics and other community efforts.

CHW’s investment increases the Housing Trust Fund’s revolving loan funds to nearly $4.2 million. Since making its first loan in 2005, the Housing Trust Fund has provided $4.25 million in financing to help create or preserve 180 units of affordable housing in San Luis Obispo County.

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