Category: Employer-assisted

Employer-assisted housing: Part 2, the why

10 July, 2009 (11:08) | Employer-assisted, Innovations, Local issues, Tenure, Workforce housing |

[Continued from yesterday's Part 1.]   Yesterday we explored how employer-assisted housing payments work, at least in the specific case of Chicago homeownership, via a Chicago Tribune article.    With the inversion in housing policy innovation, advances in workforce housing finance are being led by employers who cannot find employees willing to work for what [...]

Employer-assisted housing: Part 1, the how

9 July, 2009 (11:46) | Employer-assisted, Innovations, Local issues, Tenure, Workforce housing |

Start with three facts:   1. People want to own homes.  2. Owning a home decreases labor mobility.  3. Employers value loyalty and longevity of service.    The simplest formulas can yield the most complex results   Mix them together and you have the formula for a cluster of initiatives known broadly as employer-assisted housing [...]