University Enhances Employee Homebuyer Program
|Total Homebuyer Participants||
1,000+ new home owners
New Haven, Conn.—Yale Homebuyer Program tops 1,000 purchase mark in 2011; University trustees renew employee benefit for another two years through Dec. 31, 2013.
When President Richard C. Levin first announced Yale’s groundbreaking New Haven Homebuyer Program for University faculty and staff on April 20, 1994, he was asked by a reporter, “What is the limit on the number of participants?”
“There is no limit,” Levin responded, signaling Yale’s ongoing commitment to its hometown. Aimed at strengthening neighborhoods, the Homebuyer Program was one of the first programs Levin launched as part of Yale’s community investment program with New Haven. In the years since, major initiatives with the public schools and for economic development have also grown.
The Yale Homebuyer Program marked a major milestone in 2011, surpassing 1,000 Yale employees who have bought homes in New Haven with University support. To date, there have been 1,076 participants.
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