Weidner Apartment Homes has joined with Alaska’s biggest hospital, biggest private funder and biggest private health insurer to pledge $40 million over five years to help turn the corner on homelessness.
Weidner is the biggest private community owner in Alaska and will commit $10 million over five years to a program to bring new tools and build existing resources (shelters, meal programs and case management services run by local nonprofits) that already save many lives.
“We are involved because we believe everyone deserves a safe place to live that they can call their own. This private investment means Anchorage will be able to do more than it has ever done to help those in need. We already know that even short-term help of the right kind makes a huge difference in keeping people housed,” said W. Dean Weidner, Founder and Principal of Weidner Apartment Homes, in a statement.
It is the most significant private investment to address this critical issue in Alaska history. The money will mean more housing and other help for individuals and families. Fresh strategies that have made a difference in other cities, such as accurate tracking and follow-up of everyone who is experiencing homelessness, are central to the effort.
This is a new funding partnership and brings opportunity for others to join. The Anchored Home plan will guide the work. Funding partners also will work with the Municipality of Anchorage and nonprofits to make sure investments target gaps in services. In this collaborative effort, key investments will be coordinated among the partners. A new tool that hasn’t been utilized in the past is the creation of a landlord liaison position. This unique aspect of the program offers community managers a single point of contact for all issues, making their participation simple.
The vision is a healthier community where homelessness is rare, brief and one-time, and where any resident who needs a home is housed. In the coming weeks and months, organizations will announce specific projects and programs that build on years of work by nonprofits.
Weidner’s earlier commitment to partnering on homeless assistance was the Anchorage-based Path to Independence program, P2I, which started in 2018. Partners include commuity managers, case management, referral, job training/education and supportive service providers, and funders, including the 12 native Alaskan corporations.