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Employer-Assisted Housing (EAH)

The future economic health of metropolitan Chicago is dependent on maintaining a competitive workforce for the region’s businesses and industries.  The growing mismatch between suburban employment growth and where workers can afford to live creates problems—especially recruitment and retention—for employers.

That's why more employers are actively assisting their employees moves toward homeownership.  None of these companies is in the housing business, but all have recognized their business self-interest in supporting their workforce in this way.

Starting in 2000 with one Chicago-area employer, System Sensor of St. Charles, providing qualifying employees with a $5,000 forgivable loan for down payment assistance, by mid-2005 approximately 40 employers around the state have signed on. Large employers such as Allstate Insurance, MB Financial Bank, and the University of Chicago as well as small employers such as Medela, Robinson Engineering, and Rosenthal Brothers have put employer-assisted housing to use for their workforces.

By decreasing workers commute times, and helping employees become owners, employers actually decrease their recruitment and retention costs, thus improving their bottom line and their public image.

Click here for more information on employer-assisted housing.

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Metropolitan Planning Council 140 S. Dearborn St.
Suite 1400
Chicago, Ill. 60603
P 312 922 5616 F 312 922 5619 info@metroplanning.org
Helping create competitive, equitable, and sustainable communities

For 80 years, the Metropolitan Planning Council (MPC) has made the Chicago region a better place to live and work by partnering with businesses, communities and governments to address the area’s toughest planning and development challenges. MPC works to solve today's urgent problems while consistently thinking ahead to prepare the region for the needs of tomorrow. Read more about our work »

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