24
June
2019
|
04:49 PM
America/New_York

MetroHealth System employees to receive up to $20,000 to buy a home near West 25th Street main campus

New employee incentive program designed to attract residents to surrounding neighborhoods

(Cleveland) - Employees of The MetroHealth System will receive up to $20,000 if they choose to buy a house near the West 25th Street main campus. And employees already living in nearby neighborhoods will receive $8,500 to upgrade their current homes. The new Employee Housing Assistance Program is part of MetroHealth’s plan to rebuild its main campus and revitalize the neighborhoods around it.

Up to 300 MetroHealth employees who qualify will receive the financial incentives if they live or buy a home near MetroHealth’s main campus at 2500 MetroHealth Drive or the MetroHealth Old Brooklyn Medical Center at 4229 Pearl Road. Neighborhoods included are Clark-Fulton, Brooklyn Centre, Old Brooklyn and portions of Tremont and Ohio City. Employees who remain employed, in good standing, for at least five years after receiving the funds will not have to repay the money.

“Having employees live within the neighborhood supports a positive work-life balance and contributes to our community by spurring growth, diversity and vibrancy,” said Akram Boutros, MD, FACHE, president and CEO. “This is an investment in our employees so they can invest in our neighborhood.”

In addition, more than 250 new apartments are planned for the West 25th Street corridor as part of MetroHealth’s campus Transformation and commitment to revitalize the Metro West neighborhood. The buildings are a mix of affordable housing and market-rate apartments.

The Employee Housing Assistance Program begins in in late 2019.