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Article: Housing help: the new employee benefit. Employers are increasingly dangling the carrot of housing assistance in front of employee recruits to lure them into high-cost housing areas.
- Article from:
- Mortgage Banking
- Article date:
- May 1, 1990
- Author:
CopyrightCOPYRIGHT 1990 Mortgage Bankers Association of America. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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HOUSING HELP
The New Employee Benefit
Employers are increasingly dangling the carrot of housing assistance in front of employee recruits to lure them into high-cost housing areas.
The idea of employers assisting in affordable housing is spreading like a summer fire in Yellowstone, stoked by such enthusiasts as David Schwartz, guru of the American Affordable Housing Institute (AAHI) at Rutgers University, New Brunswick, New Jersey. This growing practice is being fueled by spiraling housing costs, labor shortages and employee recruitment and retention difficulties.
As employers find they cannot fill jobs, or must pay salaries far above ...