Jennifer Clark 071210

University Assisted Housing 2010 Regional Workforce Housing “ Bring Workers Home” Minneapolis, MN July 12, 2010

Goals • Increase the access to and the affordability of housing for faculty and staff members near the Lake Shore Campus and Water Tower Campus. • Enhance work-life balance by decreasing commuting time to and from campus and encouraging home ownership in areas served by public transportation. • Improve quality of life for faculty and staff members by facilitating home ownership. • Increase involvement in campus life (curricular and extra-curricular events & programs) by encouraging faculty and staff to live near campus. • Invest in Chicago’s communities around the Loyola campuses.

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Loan Forgiveness ,[object Object],[object Object],1) remain employed by Loyola University Chicago. 2) maintain ownership interest in the purchased property. 3) continuously occupy the purchased property as your principal residence. 4) do not refinance the property.

Structure Matrix Income Level Housing Zone A Housing Zone B At or below 120% of Area Median $10,000 $7,500 Above 120% of Area Median $7,500 $5,000

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Jennifer Clark Director of Community Relations [email_address]

Jennifer Clark 071210

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Jennifer Clark 071210