The $1.2 million program targets employees of these institutions specifically and provides up to $25,000 over five years to individuals who buy a home in the area or $2,500 to new renters for their first year. New renters will receives an additional $1,000 for the second year, and existing renters who renew leases will also receive $1,000.
Read the Detroit News on incentives for Detroit hospital employees.
Read more coverage on Detroit hospitals:
– Detroit Hospital System CEOs Encourage Coordination of Health Services
– Henry Ford Health, Wayne State University Expand Partnership
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