An incentive plan launched by the University of Detroit Mercy in November 2008. The University will give $5,000 for down payments to employees buying a home in one of three neighborhoods. JVS will help employees get an additional $5,000 from Housing and Urban Development. The organization will also provide ownership-related classes. By October 2011, 26 employees had purchased homes.
Focus neighborhoods:
- McNichols Campus from Wyoming, to the Lodge Fwy., to Linwood and 8 Mile Rd
- Corktown Campus from Grand Blvd. to the Lodge Fwy., to Michigan Ave.
- Riverfront Campus from the Lodge Fwy. to E. Lafayette Blvd. to Brush St., to Woodbridge St. to Orleans St.
Sources
- UDM benefit encourages employees to "Live Where They Work". UDM. 8 November 2008.
- INCENTIVE PLAN TO HELP 3 NEIGHBORHOODS. Detroit 2010. 10 November 2011.