November 2008

Partnership Helps Employees Become First-Time Homeowners

11-08poole family

(Left to right) Christy Poole, her son Caleb and husband Tim entered their new home in Grand Island, NE. The family participated in a program that helps Saint Francis Medical Center employees purchase their first homes.

Grand Island, NE

Saint Francis Medical Center is working with the Saint Francis Foundation and the Housing Development Corporation to help medical center employees become first-time homeowners. The three organizations received a $295,000 grant from the Nebraska Department of Economic Development, the first award made to an employer-assisted home ownership project in the state. For eligible employees, Saint Francis Medical Center provides a minimum $3,500 down payment on a house in the form of an interest free-loan, which is forgiven upon the employee’s completion of a five-year work agreement with the hospital. For more information, contact Cathy Brockmeier at Back