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Deborah McColloch, Acting Director: 1234 Market St., 17th Flr., Philadelphia, PA 19107 |
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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:
- 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;
- 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.
- Toward homebuying education
For more information click here
For more information
click here
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