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Home Ownership Program


The SwedishAmerican Foundation's Home Ownership Program is part of a larger, unprecedented effort to revitalize the six-block area surrounding the SwedishAmerican Hospital campus.

Since 2000 the Foundation has committed more than $4.1 million to transform this area from an at-risk, predominantly rental-occupied part of Rockford to a stable, owner-occupied neighborhood.

As part of this effort the Foundation has rehabilitated 24 existing homes and made 16 of them available for resale to SwedishAmerican employee owner-occupants at a discount, with down-payment assistance.

In addition, our organization has:
  • Coordinated the construction of new owner-occupied homes
  • Created a neighborhood playground and two neighborhood parks
  • Purchased and totally renovated a two-building, 24-unit neighborhood apartment building complex
  • Funded more than 75 "50-50" grants to neighborhood homeowners for exterior renovations
Owner occupancy in the neighborhood surrounding SwedishAmerican Hospital increased from 35 percent at the beginning of the program to 51 percent in mid-2008, and the trend continues.

To find out how you can be a part of our neighborhood transformation, we invite you to learn more about the Home Ownership Program, including qualifications, available properties and a map detailing neighborhood impact.

Contact Us
SwedishAmerican Health System
1401 East State Street
Rockford, IL 61104
(815) 968-4400
patientfeedback@swedishamerican.org

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