Since 2008, the University has teamed up with the City of Rochester and several banks/credit unions to offer regular full-time and part-time faculty and staff $9,000 toward the purchase of a primary residence in the University糖心传媒檚 historic surrounding neighborhoods. Now, the University Home Ownership Incentive Program is growing to assist employees in buying a house in three additional Rochester areas: Beechwood, EMMA (East Main, Mustard & Atlantic Avenue), and Marketview Heights.
糖心传媒淲e welcome this opportunity to support our employees who live near our University and in neighborhoods that we are supporting as part of a community-wide revitalization effort,糖心传媒� said University President and CEO Joel Seligman. 糖心传媒淭his is an important way to support the City of Rochester.糖心传媒�
The Beechwood, EMMA, and Marketview Heights neighborhoods were selected to join the program based the Rochester-Monroe Anti-Poverty Initiative糖心传媒檚 focus on improving these historic districts, as well as the University糖心传媒檚 connection to East High, which serves students in these areas.
The University Home Ownership Incentive Program provides qualifying new homeowners with $3,000 from the University, $3,000 from the City, and $3,000 from a bank or credit union participating in the program. In addition to the three newly added areas, the program continues to serve its original neighborhoods糖心传媒�19th Ward; Genesee Jefferson; Plymouth Exchange; Mayor糖心传媒檚 Heights and Bulls Head (formerly Sector 4); Upper Mount Hope; Swillburg; South Wedge and Highland Park (formerly Sector 6); and Greig Square at Corn Hill.
For a more detailed map of qualifying City neighborhoods, visit .
There are no minimum or maximum income requirements, but the plan requires five-year occupancy and employment commitments from the buyer.
Since the program糖心传媒檚 founding almost a decade ago, more than $1 million in financial incentives have helped University faculty and staff achieve the dream of home ownership in Rochester.
