JBS Worthington breaks ground on affordable housing development
JBS contributed $1.78 million toward a revolving housing fund, which will develop and provide six affordable single-family homes in southeast Worthington.
GREELEY, Colo. — JBS Worthington hosted a groundbreaking ceremony Monday near South East Side Park for an affordable housing development that will provide housing options for six families.
Worthington Mayor Mike Kuhle and Mike Daley, executive director at the Worthington Area Chamber of Commerce, were both in attendance, as well as JBS Worthington General Manager Tom Hanson.
“We are proud to break ground on this exciting development, which will bring affordable housing options for six deserving families in our community,” said Hanson. “We are proud to offer this opportunity for JBS team members who need assistance taking that first step toward homeownership.”
JBS previously announced a $2.6 million Hometown Strong investment in the Worthington community. JBS Worthington’s total commitment has since been increased to $6.6 million through an additional allocation of Hometown Strong funding.
Of that total, JBS contributed $1.78 million toward a revolving housing fund, which will develop and provide six affordable single-family homes in southeast Worthington. JBS team members will be given priority consideration to apply for a loan of $15,000 to be used toward a down payment.
“This is a perfect partnership between the JBS family, community of Worthington and local developers to provide a housing opportunity for JBS team members,” said Mayor Kuhle. “The forward thinking being demonstrated by JBS leadership, building houses for their team members to invest in for the future, creates opportunities for all in our community. The city of Worthington highly appreciates this investment by JBS.”
To date, JBS Worthington has also funded the renovation of the recently opened JBS Field House and Recreation Center through a Hometown Strong investment of $1 million.
The JBS USA Worthington pork production facility employs more than 2,000 people with an annual payroll of more than $120 million. The facility supports more than 275 local producers, paying them more than $900 million per year for their livestock.
Hometown Strong is a $100 million initiative that was developed to strengthen the communities where JBS operates. Funds are being directed to the communities where JBS team members live and work in the U.S. and Canada. Hometown Strong is one of the largest community investment programs of its kind.