Urban Affairs Coalition: Philadelphia Home.Buy.Now Employer-Assisted Housing Program
About: Philadelphia Home.Buy.Now provides participating employers with a menu of housing-related benefits to offer to their employees. The key feature of Philadelphia Home.Buy.Now is the financial assistance provided by an employer to their employee, making the employee eligible for an $8,000 interest-free loan through the Pennsylvania Housing Finance Agency (PHFA) to help cover down payment and closing costs. The program also offers onsite homebuyer workshops, discounted housing services and linkages to other housing financing programs. To find out more, click here.
Contact: Jojy Varghese
Additional Information: This program targets those with under 115% AMI and works with them to become homeowners in the City of Philadelphia.