Crescent City Real Estate News: California Endowment Invests Millions of $$$$ in Del Norte County

California Endowment Invests Millions of $$$$ in Del Norte County

California EndowmentThe California Endowment to invest millions of dollars into Del Norte County over the next 10 years.

If you live in Del Norte County and have not heard about the California Endowments Healthy Communities Initiative, you will very soon as the Endowment begins to pump money into the community.

The California Endowment was formed 10 years ago when Blue Cross made the decision to go from a non-profit company to a for-profit.  When this change was made, Blue Cross was required to form this non-profit endowment which has been investing money, by way of grants, to programs all over the state of California for 10 years.

These grants were making an impact, but the Endowment decided the way to have a long-term, lasting impact would be a long-term investment in some of the neediest areas of the state.The Endowment envisioned the Healthy Community Initiative and chose 14 areas of the state that will benefit from this initiative, but more importantly, the areas chosen showed the promise of a brighter tomorrow by way of a strong commitment from the community, both government and private citizens, to work toward permanent solutions to their problems.

Del Norte County and Tribal Lands is one of the 14 communities chosen for the Healthy Community Initiative.  Del Norte County, once a thriving timber and fishing community has been severely impacted in the last 20-30 years by the loss of those industries.  The largest employer at present, government agencies, far exceeds the average for the rest of the state.  The Healthy Communities Initiative will look for long term solutions in bridging the gap in health care, the high school graduation rate, employment issues, and more.

The California Endowments commitment is for 10 years.  In the first 3 years the Endowment projects investing $500,000 to $3,000,000 a year, years 3-6, the Endowment projects the investment to increase and then taper off in years 7-10. 

Folks, in a community the size of Del Norte County, population 29,000, this is HUGE!  If you aren't involved in the process, get involved.  I have become involved and have been impressed by the amount of top notch people who are participating in the process.  This is exciting stuff and is going to transform our county now and for future generations.

Thank you to all the wonderful people who have given hours and hours of their time to bring this initiative to Del Norte County.

 

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 Fran Gatti

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Comments

Hi Fran,

This a great news, the investment will create jobs and improve the economy in Del Norte County.

John

Posted by JOHN PUSA 01044712 (Prudential California) over 2 years ago

That's wonderful to hear about, Fran. I'll keep my ears open for more details as programs get going. Thanks for letting us know about what's happening in our state.

Posted by Lottie Kendall REALTOR® DRE#01215160 650-465-4547. Serving the SF Peninsula (Today | Sotheby's International Realty) over 2 years ago

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