Morgan Stanley to offer Centri Life resident services platform to its rehabilitation fund portfolio of affordable housing developers

Morgan Stanley has agreed to offer grants to developments in its rehabilitation fund for affordable housing. The grants will cover Centri Life site build-out and three years of subscription fees. Morgan Stanley has offered grants for a range of resident services initiatives and has identified Centri Life as an exciting new way for grantees to deliver life-enhancing tools and resources to residents.

Centri Life is a web-based platform for affordable housing properties that is customized with hyperlocal resources for residents. The curated content helps residents build wealth and manage their finances; improve health outcomes; effectively engage in the workforce; and navigate aging in place. Centri Life features useful websites and mobile apps, along with helpful videos. All of these serve to demystify often-complicated topics, such as acquiring health insurance and filing taxes. The platform also features more than 20 key actions that will have lasting impacts for residents, including opening a bank account, gaining new digital skills, and finding a doctor or therapist. Residents can choose to take action in multiple ways, such as through a helpful website; on a mobile app; or via local, in-person resources.

For more information about Centri Life, please visit www.centri.life, or contact David Saunier.