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JCHC CEO on Grant Funding, Construction Loans

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Johnson County Healthcare Center Chief Executive Officer Luke Senden discussed construction funding with the board at their last meeting, saying state grants and loans through local banks were their sources of funding.

He explained his thinking on the funding issue.

Senden said the local loan, along with what the Hospital Foundation has to offer financially, would give the JCHC a “cushion” when they they are awarded some of that state grant funding.

If they aren’t awarded grant funding, they would then have the ability to go after more funding through local loans later if necessary.

The board voted to allow Senden to contact the local banks to look into the details on local loans, and bring the information and a recommendation back to the board at their May meeting.

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