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Kaiser Permanente pledges $25M to California housing fund for homeless crisis

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OAKLAND, Calif. (AP) - Hospital giant Kaiser Permanente has pledged $25 million to a new California fund aimed at getting people off the streets.

Gov. Gavin Newsom signed an executive order last week creating what he proposes to be a $750 million fund that providers could use to pay rents or subsidize affordable housing.

Kaiser calls homelessness a public health issue. CEO Greg Adams says chronic homelessness has been shown to cut 27 years from the average lifespan.

Kaiser's pledge came a day after Newsom wrapped up a statewide tour promoting his homelessness plan.