AIM Healthy™ was launched in December 2017 to offer loans and lines of credit, as well as financial management advice and consulting, to California providers of supportive housing, elder care, behavioral health, and other essential community services.
With the "Triple Aim" (higher-quality care, with better health outcomes, at a lower cost) driving changes across the US health universe, community organizations need access to capital to expand programs, pilot new care and payment models, upgrade systems and facilities, hire staff, and more. AIM Healthy was established to provide investments to support the work of community organizations in reducing health disparities and improving health and resilience for low-income individuals and communities. The fund's products included loans for facilities, growth and expansion, bridge loans, and lines of credit.
AIM Healthy Client Feature
In 2021, NFF financed a deal to help Hill Country Community Clinic build a new comprehensive health center in Redding, California. Hill Country Community Clinic offers integrated medical, dental, chiropractic, and mental health services to everyone, regardless of their ability to pay. With $11 million in NMTC sub-allocation and $10 million in loans, including investment from NFF’s AIM Healthy Fund and participation from Dignity Health, Hill Country Community Clinic is another step closer to the construction of a new 35,000 square foot health center that will serve over 9,000 patients annually once fully operational. The project, Center of Hope, will also include 16 units of supportive housing for young adults transitioning out of homelessness.