The hospital is involved in an initiative where it purchases dilapidated houses, rehabs them and sells them off, according to the report. Under the hospital’s Healthy Homes for Bennington initiative, the houses are sold to first-time homeowners, and SVMC employees get first choice, the report states.
Hospital executives told the Times Union the initiative accomplishes three goals: “to aid community development efforts in the city, to address the health reform goal of improving population health and to retain valued staff members.”
The program is a collaboration between SVMC, Bennington and The Bank of Bennington, according to the report. Kevin Dailey, vice president for human resources at SVMC, told the Times Union the hospital’s contribution comes from investment revenues.
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