Introduction
The National Association of REALTORS® (NAR) is partnering with the Eastern Connecticut Association of REALTORS® on a campaign for employers and REALTORS® to increase homeownership opportunities for workforce families throughout eastern Connecticut.
Under the Employer Assisted Housing program, employers can select from three EAH benefits that may help their employees achieve the dream of homeownership:
Employers can choose to offer all or any combination of these three benefits to their employees.
Providing an EAH benefit can help employers reduce turnover, leading to lower training and hiring costs. In addition, EAH can increase loyalty and morale, support bottom-line business goals, and strengthen links with the local community. Participating lenders will have an opportunity to expand homeownership opportunities and offer low-cost mortgage options to more potential home buyers. Local governments can also benefit by gaining greater neighborhood stability, community involvement, and economic development opportunities.