Employer Assisted Housing

By starting an Employer Assisted Housing (EAH) Program, employers can help promote job retention, reduce recruitment, turnover and training costs, and increase employee morale and productivity.  An EAH is a cost effective employee benefit that helps employees purchase a home near their workplace.  Helping employees become homeowners can energize and motivate them to stay with their company.

The Community Housing Trust will customize a plan based on the specific needs and business objectives of an employer.  The program can be as simple as offering on-site homebuyer orientations.  Employers could add financial literacy and homebuyer education programs.  As an extra incentive, employers may choose to offer financial assistance for employees purchasing a home.  The financial package can be tied to employee performance or longevity with the company and can be made in the form of:

• Signing bonuses (if used for housing)
• Grants or forgivable loans
• Deferred or repayable loans
• Matched savings
• Interest rate buy downs

Contact Monica Nazar at CHT(941)-379-5252 to learn more information about Employer Assisted Housing