Really Good Idea From Cleveland

Here is a really good idea that the college or university in your community may want to consider.

Case Western Reserve University is bankrolling a program that will encourage its employees to purchase homes in the city of Cleveland.

Case will provide full-time, regular university employees up to $15,000 toward the purchase of a home near its University Circle campus and up to $10,000 toward the purchase of a home anywhere in the city.

In addition, full-time, regular Case employees who already own houses in Cleveland may be eligible to receive up to $1,000 toward renovations.

The new Employer Assisted Housing Program is an outgrowth of Case's "Great Universities and Their Cities" colloquium held last year. The colloquium focused on "town-gown" partnerships, with the discussion centering on how universities can contribute to the revitalization of their cities.

More here.