Employer-Assisted Housing Forum Helps Make Homeownership More Affordable

Employer-assisted housing benefits, in the form of forgivable loans, grants, matched savings plans, financial counseling or home buyer education, have proven to be effective at helping working individuals purchase and keep their homes.

That was one of the messages delivered at the Bring Workers Home forum held today in Boise, Idaho. During the daylong event, sponsored by the National Association of Realtors® and the National Housing Conference, Realtors® joined local and state housing leaders to discuss employer-assisted housing strategies and how to help more working families find affordable, decent housing near their workplaces.

“Realtors® build communities and know that homeownership is still out of reach for many working individuals,” said NAR President Vicki Cox owner. “Bringing together housing experts to discuss solutions to this critical issue is a crucial first step to helping more working families purchase and keep their homes.”

At a morning panel discussion experts talked about the region’s growing need for affordable workforce housing and how employer-assisted housing benefits can help communities meet those needs. Finding affordable housing is especially difficult for many low- to moderate-income workers such as emergency personnel, teachers, retail clerks, hospitality staff and office employees, who live in high-cost areas and whose salaries have not kept pace with home prices.

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