Good for your employees - Good for our community
The Employer Assisted Housing Initiative Program provides an incentive for private employers to encourage their employees to purchase homes in the City of Rochester.
How does it work ?
Employers provide a minimum $1,000 benefit to employees who are purchasing a home in the City of Rochester. The City of Rochester will match the employer benefit dollar-for-dollar up to $3,000. Please note: Buyer must first apply and be approved for the program prior to executing an offer.
What's in it for you ?
Employers who help their employees realize the dream of home ownership retain valued staff and build worker loyalty. Employers can determine their own criteria for implementation of the program which may include limiting geography where employees can purchase, or participating lenders.
What does the grant cover ?
The grant can be applied toward down payment and closing costs.
Who qualifies ?
Eligible employees must meet employer’s qualifications, not currently own a home in the City of Rochester, live in the property for at least five years, contribute $1,500 of their own funds, qualify for a conventional mortgage, and attend pre-purchase home buyer training, if a first-time home buyer.
- City of Rochester
- Highland Hospital
- Rochester Institute of Technology
- Unity Health System
- University of Rochester
- Visiting Nurse Services
- XEROX Corporation
- Rochester Management, Inc.
- Stantec Consulting Services, Inc.
- Rochester City School District
The City of Rochester is committed to working with you to make it happen!
Employers interested in participating should send an e-mail to email@example.com.
Program Participation Forms