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Published byVirginia Allen Modified over 9 years ago
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Building Communities with Employer-Assisted Housing Programs Angela M. Brown, PR Director, NewCourtland
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About NewCourtland History reflects more than a century of service to Philadelphia Today serves as a leading non-profit, long-term care provider based in Philadelphia that is “Defining the Future of Senior Services” through community based-services, affordable housing, nursing homes, education and workforce development Tenets are education, technology, innovative programming, high-quality, people-centered care and a commitment to the staff that deliver that care Currently employs nearly 2,200 in its Network
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Part of the NewCourtland Network Employee PRIDE initiative Launched in 2003 in collaboration with Home Buy Now Provides $3K contribution towards the purchase of a home in Philadelphia within a five-mile radius of a NewCourtland Network property Has served 59 people and granted $169K since FY 2004 About YOUrHOME
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For the Employer: Recruitment Retention Strengthens community Builds organization value and reputation Benefits of YOUrHOME For the Employee: Overcome barriers to home-ownership Reduce stress and commuting time Strengthens community Financial incentives and protection
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YOUrHOME Eligibility Must work full-time or at least 30 hours/per pay In good-standing with at least one year of service First-Time Home-Buyer Home must be owner-occupied and not more than a two family property Qualified for a mortgage with a participating lender
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Purchase within a five-mile radius of any NewCourtland Network property and within the City of Philadelphia Use a participating, approved Lender Non-taxable fringe benefit payable to settlement agent towards down payment or related closing costs Financial assistance withdrawn if sale is canceled YOUrHOME Guidelines
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Total FY 2004 $ 7,000 Total FY 2005 $ 15,000 Total FY 2006 $ 33,000 Total FY 2007 $ 54,000 Total FY 2008 $ 12,000 Total FY 2009 $ 30,000 Total FY 2010 $ 18,000 YOUrHOME Impact
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Building Communities by Investing in People
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FOR MORE INFORMATION: Contact: Angela Brown, PR Director, NewCourtland 215-965-2386 anbrown@newcourtland.org anbrown@newcourtland.org www.newcourtland.org www.newcourtland.org
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