Deborah McColloch, Acting Director: 1234 Market St., 17th Flr., Philadelphia, PA 19107

Philadelphia Home Buy Now™ helps Philadelphia employers start their own housing benefits program. The City of Philadelphia launched Philadelphia Home Buy Now in partnership with the Greater Philadelphia Urban Affairs Coalition, area lenders and Philadelphia employers. Government matching funds increase the purchasing power of your employees who buy or renovate a home in Philadelphia. Home Buy Now offers employers three ways to participate:

  1. Toward the purchase of a home in Philadelphia
    A one-time contribution to an employee (minimum of $500 per employee) is matched dollar-for-dollar by the City up to $3,000 and can be used to defray homebuying costs, such as closing costs, pre-paid interest or “points;”
  2. Toward home improvement costs
    The first $500 of an employer contribution is used to pay for a detailed housing inspection. Anything above that amount can be allocated to defray other home improvement costs.
  3. Toward homebuying education

For more information click here

For more information click here

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