PHFA: Employer Assisted Housing
The Pennsylvania Housing Finance Agency is pleased to offer an Employer Assisted Housing (EAH) Initiative to help address the issues regarding the lack of affordable housing for low- to moderate-income workers. Participating Employers who offer a monetary home purchase benefit to their staff, partner with PHFA to stretch their employees’ home buying dollars even further. Homebuyers working for a Participating EAH Employer can receive a Keystone Advantage Assistance Loan of up to $8,000 for downpayment and/or closing cost assistance in the form of an interest free loan amortized over 10 years. Employees must meet the eligibility requirements for the Advantage Program to qualify. Click here to learn more.
Contact: Kate Newton
Additional Information: The average length of service ongoing