As the summer heat begins to subside, Philadelphia’s Home.Buy.Now Program would like to give a quick update to all of our friends and partners. Home.Buy.Now is off to a strong start this year, and is looking to keep the momentum rolling.
Just last month, we were awarded a $100,000 PHARE Grant from the Philadelphia Housing and Finance Agency (PHFA) to continue our Philadelphia Home.Buy.Now program. The program has FREE down payment assistance grants to provide your employees purchasing a home, and we are seeking new employers to join our network!
Here’s how it works-- When a Philadelphia employer chooses to provide their employees with a monetary benefit to purchase a home ($500 minimum) the Urban Affairs Coalition then matches that grant, dollar-for-dollar, up to $4,000. The program is quite flexible, based on the needs of the organization, and we have a slate of other housing related services, and free educational components, to offer all of our employers.
The network currently has over 30 employer partners, both large and small, ranging from art galleries, home improvement firms, food co-ops, universities and hospitals.
To learn more about Home.Buy.Now, or to hear how easy enrolling into the program is, please contact: Jojy Varghese, Phone: 215-851-1738.