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Part of the NewCourtland Network Employee PRIDE initiative Launched in 2003 in collaboration with Home Buy Now Provides $3K contribution towards the purchase of a home in Philadelphia within a five-mile radius of a NewCourtland Network property Has served 59 people and granted $169K since FY 2004 About YOUrHOME
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Building Communities with Employer-Assisted Building Communities with Employer-Assisted Housing ProgramsHousing Programs
Angela M. Brown, PR Director, NewCourtland
About NewCourtland
History reflects more than a century of service to Philadelphia
Today serves as a leading non-profit, long-term care provider based in Philadelphia that is “Defining the Future of Senior Services” through community based-services, affordable housing, nursing homes, education and workforce development
Tenets are education, technology, innovative programming, high-quality, people-centered care and a commitment to the staff that deliver that care
Currently employs nearly 2,200 in its Network
Part of the NewCourtland Network Employee PRIDE initiative
Launched in 2003 in collaboration with Home Buy Now
Provides $3K contribution towards the purchase of a home in Philadelphia within a five-mile radius of a NewCourtland Network property
Has served 59 people and granted $169K since FY 2004
About YOUrHOME
For the Employer: Recruitment Retention Strengthens
community Builds
organization value and reputation
Benefits of YOUrHOME
For the Employee: Overcome barriers
to home-ownership Reduce stress and
commuting time Strengthens
community Financial
incentives and protection
YOUrHOME Eligibility
Must work full-time or at least 30 hours/per pay
In good-standing with at least one year of service
First-Time Home-Buyer Home must be owner-occupied and not
more than a two family property Qualified for a mortgage with a
participating lender
Purchase within a five-mile radius of any NewCourtland Network property and within the City of Philadelphia
Use a participating, approved Lender Non-taxable fringe benefit payable to
settlement agent towards down payment or related closing costs
Financial assistance withdrawn if sale is canceled
YOUrHOME Guidelines
Total FY 2004 $ 7,000
Total FY 2005 $ 15,000
Total FY 2006 $ 33,000
Total FY 2007 $ 54,000
Total FY 2008 $ 12,000
Total FY 2009 $ 30,000
Total FY 2010 $ 18,000
YOUrHOME Impact
Building Communities by Investing in People
FOR MORE INFORMATION:FOR MORE INFORMATION:
Contact: Angela Brown, PR Director, NewCourtland 215-965-2386 [email protected] www.newcourtland.org
