Welcome employers! 3% Down Payment Assistance..

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Do you need...3% Down Payment Assistance? I want to help you, by helping others.

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Welcome employers! 3% Down Payment Assistance..

  1. 1. Employer Consortium & Supporting Network Affordable housing plans for the general workforce
  2. 2. 2 Employer Assisted Housing is often called EAH EAH is housing assistance from an employer, labor union or association to their employee or member EAH is a benefit to the employer as well as the employee and is uniquely designed just like health care benefits, dental benefits, 401K plans, and other benefits These are taxable funds EAH has been used in the nation since the 1700’s to support employers & their employee’s needs Copyright 2010 What is EAH? Most commonly known employer housing assistance plan Executive Relocation Housing Plans
  3. 3. Copyright 2010 3 Employees are a company’s most valuable asset. Housing plans attract and retain valuable employees. Benefits that meet the needs of Generations X, Y, & Z can be difficult to structure. Housing plans assist young professionals, growing families & ‘empty nesters.’ Benefits must be flexible as well as affordable. Housing plans are flexible & can be designed for affordability. What’s the benefit to the employer?
  4. 4. What does the Consortium’s EAH housing plan do for employees? For well-qualified employees who are buying a home these funds can: Support the decision to buy Meet the required down payment or closing cost Assist in the financial needs that ensure an employee succeeds as a homeowner. Copyright 2010 4
  5. 5. 5 Copyright 2010 Employee responsibilities? DRH, the administrator, will wire your funds to the selected account
  6. 6. The Consortium’s group housing plan & supporting network Allows the employer to meet their need to relocate an employee. Allows the employer to support an employee who wishes to relocate to meet their family’s needs. Copyright 2010 6
  7. 7. 7 The Consortium supports employers, the self-employed, associations, labor unions. Organizations and employers can sign up directly by calling the Consortium’s administrator, DRH. The Consortium’s housing plan is often part of an organization’s membership benefits. Check with your Chamber of Commerce, Urban League, Hispanic Chamber, Labor Union, or Association. Contact your organization directly and inquire if they offer the Consortium’s EAH housing plan. Copyright 2010 Acquiring the housing plan
  8. 8. Copyright 2010 8 Strengthen your community with a housing plan that employers can embrace
  9. 9. 9 Copyright 2010 Questions? Let’s cover the frequently asked questions More specific questions? Call the administrator at 800-514-7980
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