University’s Employer Assisted Housing Program offers homebuyer assistance
increase the supply of affordable housing in the community. Employer assistance can be designed to benefit both renters and homeowners. Each of the employer-assisted housing options listed below is described in detail on the following pages. Several of these options are illustrated with case study examples later in the resource guide.
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Employer Assisted Housing Program (EAHP) The Employer Assisted Housing Program (EAHP) provides assistance to employees of the District of olumbia Government who are first-time homebuyers in the District. Eligible D Government employees are eligible for matching downpayment funds up to $1,500 and a deferred loan of up to $10,000.
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Loyola University Assisted Housing program. loyola university Chicago offers full-time employees between $5,000 and $10,000 depending on household income and location of the home. Homes in Community Areas between the Water Tower campus and Lake Shore campus are eligible for assistance. First time homebuyers must attend a one-on-one mortgage.
Greater Circle Living is an employer assisted housing program created to encourage eligible employees of Greater University Circle institutions to live near work. The innovative program was started in 2008 to help employees purchase, rent, or repair homes in Greater University Circle. BUY. Receive a forgivable loan up to $30,000.
Partnered with a housing non-profit Homebuyer education Discounted rates on home purchase and mortgage services Outcomes 45 employees participated in the program , and 24 purchased homes Program sets Brownstein Hyatt apart as an "employer of choice" when recruiting employees
Employer-assisted housing programs help employees meet their housing needs, which in turn helps employers to achieve their business goals. Such programs provide tremendous resources and support to employees by leveraging state and local financial assistance programs, organizing homebuyer workshops, and providing discounts toward housing.
Employer-assisted housing Housing assistance provided by employers. Includes assistance with grants, loans, downpayments, security deposits, and homeownership education and counseling. (EAH) programs provide a channel through which employers can help their employees with the cost of owning or renting a home, typically in neighborhoods close to the workplace.
Fannie Mae also offers flexible work options such as job sharing and telecommuting; employer-assisted housing; a tuition reimbursement plan; employee support groups; and on-site exercise programs.
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