Employer Assisted Housing (EAH)...
A way to own a home close to work

[Photo: Ms. Bey celebrating her new home with Mayor Evans and Carrie Irving]
Ms. Bey celebrating her new home with Mayor Evans and Carrie Irving 

There is no doubt about it, everyone wins when an employer commits to helping their employees achieve homeownership close to work. Last Spring, Francis Richard-Bey, in the far right in this picture, became a homeowner in Riverdale, Illinois, thank to her employer, the Village of Riverdale. She is pictured with Mayor Zenovia Evans (left) and Carrie Broughton-Irving (center), president of Regional Redevelopment Corporation. Ms. Bey, a former renter, is now buying her own home, which is located just a few blocks from her job in the Riverdale City Clerk's office, thanks to a down payment package from the Village valued at $12,000.

If you would like more information on employee assisted housing, take a look at the resources.

  • Employee Assisted Housing in Milwaukee is featured in a report from HUD's Division of Policy Development and Research (http://www.huduser.org/periodicals/fieldworks/0603/fworks1.html)
  • The Metropolitan Planning Council of Chicago has done extensive research and reporting on the concept of EAH (http://www.metroplanning.org/).
  • The American Affordable Housing Institute at Rutgers University has published a White Paper on EAH (http://policy.rutgers.edu:16080/eah/eah.html)

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Content Archived: August 5, 2011