Making homes affordable.
Prudential has become a big backer of affordable housing in “low-opportunity communities,” committing $5.6 billion so far in more than 30 cities. Its efforts are especially apparent in its home city, where the ripple effects of New York’s housing crunch have inflated prices. Prudential “stands out for their leadership in keeping Newark affordable,” Mayor Ras Baraka tells Fortune. Buildings funded by Prudential have reserved as much as 40% of their units for low-income tenants.
Human Rights/Social Justice
Insurance: Life, Health
|Prior Year Rank||34|
|Revenues ($M) (Last Fiscal Year)||$62,992|
|Profits ($M) (Last Fiscal Year)||$4,074|
|Market Value ($M) as of 8/12/19||$33,221|