The Chicago Board of Education has launched
a new down payment assistance
program
to
help
Chicago Public
Schools’
and
City Colleges’ teachers purchase
homes within the City
of
Chicago. Called Employer-Assisted Housing
(EAH), the program is being run through the city’s
Teachers
Housing
Resource
Center
and began in April 2005. During the
first five months of operation, 83 teachers were able to buy homes with the down
payment assistance, while over 120 CPS employees took advantage of the home
ownership counseling that is offered in conjunction with the program. MPC is
working as an advisor to the
Teachers
Resource
Center
to ensure that the program also
helps teachers take advantage of other housing opportunities beyond the Board’s
down payment assistance, including the matching funds for employees and the
Illinois Affordable Housing Tax Credit.
Because the program has already placed
more homeowners than any other program in the region by two to one, and is one of the largest
employers in the city, the Board of Education is inviting proposals for
Employer-Assisted Housing (EAH) Administrative and Housing Counseling.
The Request for Proposal can be downloaded from the
Board’s Web Site at
http://www.csc.cps.k12.il.us/purchasing/bid_openings.html
or picked-up from
the Department
of Procurement and
Contracts,
Bureau of
Purchasing,
at
125
S.
Clark
St., 10th Floor, Chicago, Ill., Monday-Friday,
from 8:30 a.m.- 4:00 p.m. There will be a pre-bid conference on Tues., Nov. 8,
2005. at 10:00 a.m. at the Chicago
Public Schools Headquarters, 125
S.
Clark
St., 10th Floor Conference
Room
A,
Chicago,
Ill.