How much is the benefit that Temple University will provide?
Temple University will provide up to $5,000 through a forgivable loan to any eligible full-time employee for the purchase of a home in the designated zip code areas. The City of Philadelphia may match Temple University’s Employee Home Ownership Loan through its “Home-Buy-Now” program provided you use a lender who meets their criteria. At present, the government matching funds are not income dependent. The Benefits Office can also provide you with information concerning how to apply for this program. However, you are responsible for contacting the program and completing all required paperwork. In addition, certain employees may qualify for lower rate mortgages and additional closing cost assistance through a Pennsylvania Housing Finance Agency (PHFA) program. Eligibility for this program is based on income and other special circumstances. You can obtain additional information concerning this program by clicking here. The Benefits Office can also provide you with information concerning h
