The announced expansion of The Live Near Your Work program is helping local communities thrive. In recent weeks the expansion has made big news on KWMU and KSDK.
If you are interested in applying to the program here is some useful information to know!
Washington University and BJC HealthCare eligible employees must meet all the following criteria:
Applicants must be full-time employees or part-time employees working 24 or more hours per week at Washington University in good standing, as verified by Human Resources
Graduate students and fellows are not eligible.
Medical residents are eligible.
Purchasing an eligible property as described herein.
- Employee can use this benefit only once. The benefit cannot be combined with another employee’s benefit on a single home purchase.
- Eligible employees must qualify for a mortgage through a participating approved lender (see Approved Lenders List).
- First time home buyers must participate in a first time home buying counseling program selected by the program administrator.
- Must not be a “disqualified person” of Washington University within the meaning of Section 4958 of the Internal Revenue Code, as determined by the Controller of the University in his or her discretion. In general, a “disqualified person” includes a trustee, officer, or any other employee who is or was at any time during the previous five (5) years in a position to exercise substantial influence over the affairs of Washington University as well as his or her family members.
- Click here for more detailed information on the program.
