Our Impact
What happens when the area’s cost of housing is out of reach of the local workforce? Our teachers, firefighters, nurses, managers are not part of our community. The challenge of attracting and retaining a quality workforce intensifies.
Twenty-two years ago, a group of employers posed this question, “Can we afford not to provide housing for the workers who make up the fabric of our community?” Their response was to form a partnership that focused on developing solutions to help local employees buy homes even in the face of a high-cost housing market.
That partnership became Coastal Housing Partnership—a nonprofit organization dedicated to serving the community by assisting local employees with their housing needs.
More than 6,000 employees have attended Coastal Housing home buying seminars in the past ten years, and Coastal Housing Partnership has helped more than 10,000 employees become homeowners since its inception 22 years ago.
Coastal Housing Partnership helps Employer Members address the challenge of attracting and retaining employees in an area with high housing costs, by providing:
- home buying benefits to the employees of member companies;
- home buying education seminars;
- home buying resources to employees as they navigate their way through the home buying process;
mortgage refinance benefits
- a network of service professionals to assist employees in their search for area housing, whether leasing or buying.
Membership in the Partnership is open to employers interested in offering a full service housing assistance benefit to their employees in a cost-effective way.
Although Coastal Housing Partnership was started as a first-time home buyer program, home buying education and financial assistance programs are now available to any employee of a member company, not just to first-time home buyers.
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