ILEC presents Good Sam $258,000 toward Memory Care Unit
Iowa Lakes Electric Cooperative’s President/CEO Terry L. Bruns presented Bruce L. Radtke, Estherville Good Samaritan Center’s administrator, with a check for $258,000 to assist in the expansion and extensive renovation of the existing Memory Care Unit at the Estherville Good Samaritan Center.
“The remodeling and addition of the Special Care Unit will allow for the Estherville Center to provide a very high quality environment for Special Care Residents for years to come,” Radtke said.
“We’ve reached our goal,” Radtke said of receiving the $258,000 interest-free loan. In addition, Radtke said $120,000 was raised throughout the community plus a $350,000 interest-free loan from the Good Samaritan Society Development Fund
Radtke said the Estherville Good Samaritan Society applied for the 10-year interest-free loan 10 years ago.
“By supporting a rural development project of this type, these funds help create jobs, economic opportunity and essential services in rural areas that strengthen our local economy,” Bruns said.
The funds are being provided through USDA Rural Development’s Rural Economic Development Loan and Grant program that provides loans and grants to Rural Utilities program borrowers, like ILEC, which in turn provide loans to rural businesses and communities in their service areas. Funding of individual recipients is contingent upon their meeting the conditions of the loan or grant agreement.
The 15-bed unit includes a remodeled area and 1,600 additional square feet. Radtke said four double rooms and a dining area are already occupied and the remainder of the project will be completed Dec. 1 or sooner.
ILEC serves over 12,000 member-owner accounts locally in Buena Vista, Cherokee, Clay, Dickinson, Emmet, Kossuth, Palo Alto and Pocahontas counties. ILEC provides dependable, affordable, and environmentally responsible electricity to its member-owners and the communities it serves.