Coppin State University has introduced an exciting new initiative to promote homeownership among its employees while contributing to the revitalization of West Baltimore neighborhoods. The Live Near Work program, developed in partnership with the City of Baltimore, offers generous financial incentives for Coppin State employees who choose to purchase homes near their workplaces.
Eligible workers can benefit from grants starting at $50,000 to help cover down payments and home buying costs. Interestingly, these grants can be increased to $90,000 when combined with additional assistance programs, demonstrating the collaborative efforts between Coppin State and city officials to strengthen community development.
The main purpose “Live near your workk” program to encourage university employees to live near their workplaces, thereby strengthening the fabric of West Baltimore communities.
The program makes special considerations to support first-time home buyers and makes the dream of home ownership more accessible to those entering the market.
Who is eligible to live where you work?
Coppin State employees interested in applying to the program must meet specific qualification requirements, including:
– Employment as a full-time, benefits-eligible employee Coppin State.
– Obligation to use the purchased property as a main residence.
– A contract to hold the house for a minimum period of five years.
Coppin State University President Dr. Enthusiastic about the program, Anthony L. Jenkins said, “We are proud to launch the Live Near Work program as part of our ongoing efforts to support our employees and invest in the future. West Baltimore and Maryland. This initiative not only helps our employees achieve their dream of home ownership, but also strengthens our community by fostering stronger connections between where we work and where we live.
University employees wishing to receive more information or to apply for the Live Near Work program are advised to contact the human resources department for guidance.
