|
 |
EMPLOYEE HOME OWNERSHIP ASSISTANCE
At SwedishAmerican, we're committed to improving our employees' lives and making our neighborhood a great place to live. One example of this is a special grant program developed by the SwedishAmerican Medical Foundation to encourage employee homeownership in the six-block area surrounding our hospital campus.
Established in November 2004, this program includes a $5,000, five-year forgivable grant to employees in good standing-with no income restrictions, as well as a second $5,000 grant for low-income employees.
In addition to these grants, our Medical Foundation also purchases houses near our campus, improves the property, and then makes the renovated homes available to employees at affordable prices. Besides alleviating first-time home buyers' concerns about the rising costs of ownership, this program ensures that our employees can purchase homes with a solid roof, siding, plumbing, electrical, and a good working furnace.
|
