Missoula Invest Health Past Initiatives
Invest Health ADU Virtual Convening: October 5, 6, 7, 9, 13 and 15, 2020
Missoula has been collaborated with 3 other Invest Health Cities and Kol Peterson, an ADU expert based in Portland, Oregon, to offer a series of web meetings over the span of the first two weeks in October. Each web meeting presented a particular aspect of planning for and accommodating ADUs in a community. Themes from the web sessions range from health and equity, to financing, communications, enabling, and showcasing particular aspects of ADUs. Each day's theme with associated video and other resources are linked below:
- Building with a Renovation Loan – presented by Julee Felsman, Mortgage Loan Officer, Guarantee Rate
- Small Homes, Big Impacts: Financing & Access to Capital for Low/Fixed Income Homeowners – presented by Sonja Singha, Mortgage Loan Officer, Housing Trust Silicon Valley
- City of Napa, CA, Junior Unit Initiative Program – presented by Lark Ferrell, City of Napa, CA
Social impact Investing in Affordable Housing Research
Roles for Impact Investors in affordable Housing in Missoula County, Montana:
The Missoula Invest Health Team commissioned a research project aimed at exploring social impact investment models for Missoula housing. The research was conducted and written by Rosalie Sheehy Cates, Senior Advisor, The Giving Practice. The Research Report identifies strategies that might leverage impact investment to increase and maintain affordable housing in Missoula. The report was finalized in October, 2020 and can be found here.
Missoula Invest Health Displacement Risk Ratio Analysis and Webinar Information
The Displacement Risk Ratio Analysis is a project supported by Missoula Invest Health. It is an analysis that was developed by the Reinvestment Fund that helps to identify areas where residents may face involuntary displacement by comparing changes in the ratio between housing sales price to median household income over time.
The analysis was presented by Alana Kim, Policy Analyst, Reinvestment Fund, and Dr. Michael Norton, Chief Policy Analyst, Reinvestment Fund at a webinar on September 17, 2020. The video recording of the webinar can be found here. The Reinvestment Fund presentation can be found here. The Missoula Invest Health portion of the presentation can be found here.
About Invest Health Missoula
The city of Missoula is proud to have been chosen to participate in the national Invest Health project sponsored by the Robert Wood Johnson Foundation and Reinvestment Fund.
"Missoula Invest Health Awarded $75,000 Technical-Support Grant to Advance Health Equity; Housing Solutions"
Missoula is one of 10 U.S. cities awarded a $75,000 grant and 12 months of technical support from Reinvestment Fund to advance health equity in the city. This reward is a reflection of the shared vision and progress made to develop policies, strategies, and systems with community voice that ensures that all Missoula residents have equal access to opportunities that enable them to lead healthy lives. The grant will further two principal goals in Missoula: developing financeable housing projects that promote health equity; and advancing and aligning community investment systems to obtain funding for those projects.
Invest Health Team
Karen Myers, Director of Mission Leadership.
Kaia Peterson, Neighbor Works Montana, Executive Director.
Laval Means, City of Missoula Development Services, Planning Services Manager.
Reinvestment Fund is a catalyst for change in low-income communities. They integrate data, policy, and strategic investments to improve the quality of life in low-income neighborhoods. Using analytical and financial tools, they bring high-quality grocery stores, affordable housing, schools, and health centers to the communities that need better access—creating anchors that attract investment over the long term and help families lead healthier, more productive lives. Learn more at Reinvestment Fund.
Robert Wood Johnson Foundation has worked for more than 40 years to improve health and health care. They strive to build a national Culture of Health that will enable all to live longer, healthier lives now and for future generations.
For more information, visit Robert Wood Johnson Foundation or the Robert Wood Johnson Foundation Facebook page.