Yale University Increases Benefit for Employee Homebuyer Program.

0 Comments | M2 Presswire, January, 2008

M2 PRESSWIRE-10 January 2008-Yale University: Yale University Increases Benefit for Employee Homebuyer Program(C)1994-2008 M2 COMMUNICATIONS LTD

RDATE:10012008

New Haven, Conn. -- Yale University has enhanced its highly successful Homebuyer Program for employees and extended it for another two years, from January 1, 2008 through December 31, 2009.

The program was created in 1994 by President Richard C. Levin to encourage employees to invest and live in New Haven. The program provides homebuyers with a first-year incentive payment and an annual stipend for up to 10 years.

In this newest phase of the program, Yale is increasing the annual payment to each participant from $2,000 per year to $2,500 annually. Together with a...

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