News Release

UDM benefit encourages employees to "Live Where They Work"

University of Detroit Mercy President Antoine M. Garibaldi, Ph.D., unveiled a new benefit for UDM faculty and staff, the Employee Home ownership Program. This new initiative will offer financial incentives to employees if they choose to purchase a home in the surrounding neighborhoods of UDM's three campuses.

	See the entire article from WXYZ-TV's "Detroit 2020", Incentive Plan to Help Three Neighborhoods, Nov. 10, 2011

As part of the program, the University will offer a $5,000 down payment to qualifying employees that are buying a home in one of the three University neighborhoods. JVS, a Southfield-based non-profit human service organization, will partner with the University to help employees secure an additional $5,000 from HUD. JVS will also offer classes to help buyers financially prepare to purchase a home and maintain their investment.

The campus housing areas included in the program are: McNichols Campus from Wyoming, to the Lodge Fwy., to Linwood and 8 Mile Rd.; the Corktown Campus from Grand Blvd. to the Lodge Fwy., to Michigan Ave.; and the Riverfront Campus from the Lodge Fwy. to E. Lafayette Blvd. to Brush St., to Woodbridge St. to Orleans St.

University of Detroit Mercy has continued to offer students a quality education with a strong commitment to the city of Detroit through community outreach and partnerships. This program strongly reflects the urban university's mission in creating more of a "sense of community" for its employees.

This benefit is a win-win for the University, our employees and the communities we serve. Over 130 years ago, UDM made an important commitment to the city of Detroit, and initiatives like this are important in continuing our investment in our city's growth.

JVS is a nonprofit human service organization that annually serves nearly 19,000 people from four locations in metro Detroit. The agency is a leading provider of career development, employment, vocational rehabilitation, senior adult, youth and housing services.

Updated: November, 14, 2011

Release date: January 07, 2008

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For more information about UDM, or to apply online, go to www.udmercy.edu/apply.