If you are a UK employee and thinking of buying a home close to campus, be sure and check out the "Live where You Work" Program funded by UK and the city. This forgivable loan program allows you to borrow up to 5% of the purchase price of your home and if you live in the house for five or more years, you don't have to pay the loan back. And of course, you save lots in gas by cutting down on your commute time! What a deal!
The link for the program is: http://www.uky.edu/HR/benefits/EAHP/welcome.html
You'll find a property tool for the program to see if it is in the area and you can look a property up by the address as well to determine if it qualifies.
I have this link on my website as well but I think it's a great thing to know and a real perk of being a UK employee.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment